Article 112 deals with the Annual financial statement. It says that the President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of the estimated receipts and expenditure of the Government of India for that year, in this Part referred to as the annual financial statement.
Further Reading :
Related Links |
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Indian Polity Notes | List of Important Articles in the Indian Constitution |
Syllabus of Indian Polity for UPSC Exam | Parliament and State Legislature |
Lok Sabha | Functions of the Parliament |
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