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Tag Archive for 'contingency fund'

Budget For Newbies – 3 Funds In Which Union Budget Is Classified

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The Annual Financial Statement has a lot of jargons which is very difficult for a layman to understand. The Annual Budget, which is a 16 page document, provides all the details regarding the total receipts and expenditure of the government. Consolidated fund, Public Account and Contingency fund are the three parts in which the Annual […]


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