Constitution of India, 1949
202.Annual financial statement.-
(1) The Governor shall in respect of every
financial year cause to be laid before the House or Houses of the Legislature
of the State a statement of the estimated receipts and expenditure of the State
for that year, in this Part referred to as the "annual financial
statement".
(2) The estimates of expenditure embodied in
the annual financial statement shall show separately-
(a) the sums required
to meet expenditure described by this Constitution as expenditure charged upon
the Consolidated Fund of the State; and
(b) the sums required
to meet other expenditure proposed to be made from the Consolidated Fund of the
State; and shall distinguish expenditure on revenue account from other
expenditure.
(3) The following expenditure shall be
expenditure charged on the Consolidated Fund of each State-
(a) the emoluments and
allowances of the Governor and other expenditure relating to his office;
(b) the salaries and
allowances of the Speaker and the Deputy Speaker of the Legislative Assembly
and, in the case of State having a Legislative Council, also of the Chairman
and the Deputy Chairman of the Legislative Council;
(c) debt charges for
which the State is liable including interest, sinking fund charges and redemption
charges, and other expenditure relating to the raising of loans and the service
and redemption of debt;
(d) expenditure in
respect of the salaries and allowances of Judges of any High Court;
(e) any sums required to
satisfy and judgment, decree or award of any court or arbitral tribunal;
(f) any other
expenditure declared by this Constitution, or by the Legislature of the State
by law, to be so charged.