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Vote on Account provision is needed because
1) The Government cannot estimate expenditure for various items in advance.
2) The Government needs money before the Budget is passed by the Parliament.
3) Certain expenditure items of the Budget cannot be revealed to the public.
Select the Solution using the codes below.
1 and 2 only
2 and 3 only
1 and 3 only
The discussion on the Budget begins a few days after its presentation. In a democratic set-up, Government is anxious to give Parliament full opportunity to discuss the budgetary provisions and the various proposals for taxation. Since Parliament is not able to vote the entire budget before the commencement of the new financial year, the necessity to keep enough finance at the disposal of Government in order to allow it to run the administration of the country remains. A special provision is, therefore, made for "Vote on Account" by which Government obtains the Vote of Parliament for a sum sufficient to incur expenditure on various items for a part of the year. Normally, the Vote on Account is taken for two months only. But during election year or when it is anticipated that the main Demands and Appropriation Bill will take longer time than two months, the Vote on Account may be for a period exceeding two months
By: Parvesh Mehta ProfileResourcesReport error
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