Amendment status not verified — confirm the current text below against the official source.
In this Act, unless the context otherwise requires,— (a) 2[“aided institution employee” means a person in the whole time employment of any primary school, secondary school, college, university or technical education institution recognised and aided by the State Government for payment of salary, etc.;] (aa) “budget” means the annual financial statement laid before the House of the Legislature of the State of Haryana under article 202 of the Constitution of India; (b) “current year” means the financial year preceding the ensuing year; (c) “ensuing year” means the financial year for which the budget is being presented; (d) “financial year” means the year beginning on the 1st April and ending on 31st March next following; (e) “GSDP” means Gross State Domestic Product at current market prices; (f) “fiscal deficit” is the excess of aggregate disbursements (net of debt repayments) over revenue receipts, recovery of loans and non-debt capital receipts; (g) “fiscal indicators” are such indicators as may be prescribed for evaluation of the fiscal position of the State Government; (h) “fiscal targets” are the numerical ceilings and proportions to total revenue receipts (TRR) or GADP for the fiscal indicators; (i) “prescribed” means prescribed by rules made under this Act; (j) “previous year” means the year preceding the current year; 3[(jj) “public sector employee” means a person in the wholetime employment of any public sector undertaking including boards and corporations of the State of Haryana and drawing salary from the concerned institute;] (k) “revenue deficit” means the difference between revenue expenditure and total revenue receipts (TRR); Explanation.– Total revenue receipts (TRR) includes State’s own revenue receipts (both tax and non-tax) and current transfers from the Centre (comprising grants and State’s share of Central taxes).