https://www.taxtmi.com/acts?id=16062 The Medium-term Expenditure Framework Statement is added as a formal fiscal policy statement to be laid before both Houses immediately after the session in which other fiscal statements were laid, and must set forth a multi-year rolling target for prescribed expenditure indicators with specification of underlying assumptions and risks, and disclose expenditure commitments from major policy changes, explicit contingent annuity liabilities, and detailed breakup of grants for creation of capital assets. en-us Fri, 16 Mar 2012 19:23:31 +0530 Fri, 16 Mar 2012 19:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16062 The Medium-term Expenditure Framework Statement is added as a formal fiscal policy statement to be laid before both Houses immediately after the session in which other fiscal statements were laid, and must set forth a multi-year rolling target for prescribed expenditure indicators with specification of underlying assumptions and risks, and disclose expenditure commitments from major policy changes, explicit contingent annuity liabilities, and detailed breakup of grants for creation of capital assets. Act-Rules Bills Fri, 16 Mar 2012 19:23:31 +0530 https://www.taxtmi.com/acts?id=16062