Amendment status not verified — confirm the current text below against the official source.
Definitions.- In this Act, unless the context otherwise requires,– (a) “Annual Budget” means the annual financial statement laid before both Houses of the State Legislature under article 202 of the Constitution; (b) “Current Year” means the year preceding the year for which budget and Medium Term Fiscal Plan (MTFP) are being presented. (c) “Fiscal Deficit” means the excess of – (i) total disbursements from the Consolidated Fund of the State (excluding repayment of debt) over total receipts into the Fund excluding the debt receipts during a financial year; or (ii) 1[XXX]1 1[XXX]1