Article 112 Constitution: Annual financial statement

Article 112: Annual financial statement

(1) The President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of the estimated receipts and expenditure of the Government of India for that year, in this Part referred to as the "annual financial statement''.

(2) The estimates of expenditure embodied in the annual financial statement shall show separately—

(a) the sums required to meet expenditure described by this Constitution as expenditure charged upon the Consolidated Fund of India; and

(b) the sums required to meet other expenditure proposed to be made from the Consolidated Fund of India, and shall distinguish expenditure on revenue account from other expenditure.

(3) The following expenditure shall be expenditure charged on the Consolidated Fund of India—

(a) the emoluments and allowances of the President and other expenditure relating to his office;

(b) the salaries and allowances of the Chairman and the Deputy Chairman of the Council of States and the Speaker and the Deputy Speaker of the House of the People;

(c) debt charges for which the Government of India is liable including interest, sinking fund charges and redemption charges, and other expenditure relating to the raising of loans and the service and redemption of debt;

(d) (i) the salaries, allowances and pensions payable to or in respect of Judges of the Supreme Court;

(ii) the pensions payable to or in respect of Judges of the Federal Court;

(iii) the pensions payable to or in respect of Judges of any High Court which exercises jurisdiction in relation to any area included in the territory of India or which at any time before the commencement of this Constitution exercised jurisdiction in relation to any area included in ¹[a Governor's Province of the Dominion of India]; (e) the salary, allowances and pension payable to or in respect of the Comptroller and Auditor-General of India;

(f) any sums required to satisfy any judgment, decree or award of any court or arbitral tribunal;

(g) any other expenditure declared by this Constitution or by Parliament by law to be so charged.

Footnotes in the official text

1.Subs. by the Constitution (Seventh Amendment) Act, 1956, s. 29 and Sch., for "a Province corresponding to a State specified in Part A of the First Schedule" (w.e.f. 1-11-1956).

Questions on this article

11 questions in 17 of our papers cite Article 112. Try these from the free papers:

1. Under Article 112(3) of the Constitution, which one of the following is NOT expenditure charged on the Consolidated Fund of India?
2. Match List I with List II: List I A. Annual financial statement B. Appropriation Bills C. Supplementary, additional or excess grants D. Votes on account, votes of credit and exceptional grants List II 1. Article 114 2. Article 116 3. Article 112 4. Article 115
3. Consider the following items of expenditure: 1. The salaries, allowances and pensions payable to or in respect of Judges of the Supreme Court. 2. The salaries and allowances of Judges of the High Courts. 3. The salary, allowances and pension payable to or in respect of the Comptroller and Auditor-General of India. 4. Any sums required to satisfy any judgment, decree or award of any court or arbitral tribunal. Which of the above are expenditure charged on the Consolidated Fund of India under Article 112(3)?