Grant administration: Central Government appropriates funds after Parliament approval, and administration of grants vests in the Board. The Board must prepare an annual estimate of sums required for salaries, allowances and expenses of the Board, its attached offices and the Income-tax ... Summary
Grant administration: Central Government appropriates funds after Parliament approval, and administration of grants vests in the Board.
The Board must prepare an annual estimate of sums required for salaries, allowances and expenses of the Board, its attached offices and the Income-tax Department; the Central Government may approve and modify that estimate after discussion with the Board, and the estimate is presented to Parliament for appropriation. After appropriation, the Central Government makes grants to the Board for those purposes, and, notwithstanding any other law, the administration of the grant vests in the Board.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.