https://www.taxtmi.com/news?id=1670 Disbursement is structured in instalments with conditionality for subsequent releases: an initial instalment is released early in the financial year subject to a prescribed minimum of the agreed labour budget after adjustment for opening balances, and later instalments require States to submit prescribed release proposals with a Chartered Accountant audit report and a Utilization Certificate demonstrating prescribed minimum utilisation of available funds. en-us Tue, 08 Mar 2011 21:42:37 +0530 Tue, 08 Mar 2011 21:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1670 Disbursement is structured in instalments with conditionality for subsequent releases: an initial instalment is released early in the financial year subject to a prescribed minimum of the agreed labour budget after adjustment for opening balances, and later instalments require States to submit prescribed release proposals with a Chartered Accountant audit report and a Utilization Certificate demonstrating prescribed minimum utilisation of available funds. News - Tue, 08 Mar 2011 21:42:37 +0530 https://www.taxtmi.com/news?id=1670