Public Account (India) - Revision history

MerryGrubb79668: expanded content as per guidelines and corrected details

2026-03-23T00:29:08Z

expanded content as per guidelines and corrected details

← Older revision		Revision as of 05:59, 23 March 2026
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			{{Short description\|Indian central government fund}}
	{{Use dmy dates\|date=July 2019}}		{{Use dmy dates\|date=July 2019}}
	{{multiple issues\|{{notability\|date=August 2014}}		{{multiple issues\|{{notability\|date=August 2014}}
	{{~~unreferenced~~\|date=~~August 2014~~}}		{{more citations needed\|date=February 2022}}
	~~{{Orphan\|date=August 2014}~~}}}		}}

	The '''Public Account of India''' was constituted by Article 266(2) of the [[Indian Constitution]] which states that "All other public moneys received by or on behalf of the Government of India or the Government of a State shall be credited to the public account of India or the public account of the State, as the case may be." Here "other" signifies other than the Consolidated Fund of India.<ref>{{cite book \|author=<!--Staff writer(s); no by-line.--> \|date=2020 \|title=The Constitution of India \|url=https://legislative.gov.in/sites/default/files/COI_1.pdf \|location= \|publisher= Ministry of Law and Justice, Government of India \|page= \|isbn=}}</ref>		The '''Public Account of India''' was constituted by Article 266(2) of the [[Indian Constitution]] which states that "All other public moneys received by or on behalf of the Government of India or the Government of a State shall be credited to the public account of India or the public account of the State, as the case may be." Here "other" signifies other than the Consolidated Fund of India.<ref>{{cite book \|author=<!--Staff writer(s); no by-line.--> \|date=2020 \|title=The Constitution of India \|url=https://legislative.gov.in/sites/default/files/COI_1.pdf \|location= \|publisher= Ministry of Law and Justice, Government of India \|page= \|isbn=}}</ref>

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	Because of this nature of the fund, expenditures from it are not required to be approved by the [[Parliament of India\|Indian Parliament]].		Because of this nature of the fund, expenditures from it are not required to be approved by the [[Parliament of India\|Indian Parliament]].

			The Public Account of India is divided under 5 heads. These are :1.Small Savings, provident fund and other account.2.Reserve Funds,3.Deposit and Advances,4.Supreme and miscellaneous and 5. Remittances

	==References==		==References==
	{{reflist}}		{{reflist}}

	[[Category:Law in India]]		[[Category:Law of India]]


	{{India-law-stub}}		{{India-law-stub}}

->Sameerdm at 10:02, 9 August 2021

2021-08-09T10:02:43Z

← Older revision		Revision as of 15:32, 9 August 2021
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	{{Use dmy dates\|date=July 2019}}		{{Use dmy dates\|date=July 2019}}
	{{multiple issues\|		{{multiple issues\|{{notability\|date=August 2014}}
	{{notability\|date=August 2014}}
	{{unreferenced\|date=August 2014}}		{{unreferenced\|date=August 2014}}
	{{Orphan\|date=August 2014}}		{{Orphan\|date=August 2014}}}}
	~~{{Underlinked\|date=August 2020}}~~
	}}

	The '''Public Account of India''' was constituted by Article 266(2)of the [[Indian Constitution]]~~. It deals with the money~~ received by the ~~government, i.e. state provident funds, various pre-deposits under income tax, depreciation and reserve funds~~ of ~~departmental undertakings are paid into public accounts.~~		The '''Public Account of India''' was constituted by Article 266(2) of the [[Indian Constitution]] which states that "All other public moneys received by or on behalf of the Government of India or the Government of a State shall be credited to the public account of India or the public account of the State, as the case may be." Here "other" signifies other than the Consolidated Fund of India.<ref>{{cite book \|author=<!--Staff writer(s); no by-line.--> \|date=2020 \|title=The Constitution of India \|url=https://legislative.gov.in/sites/default/files/COI_1.pdf \|location= \|publisher= Ministry of Law and Justice, Government of India \|page= \|isbn=}}</ref>
	~~Thus, receipts and disbursements which do not form part~~ of the ~~consolidated fund~~ of India ~~are included in~~ the public ~~accounts~~ of ~~India. These funds do not belong to~~ the ~~government~~, ~~they have to~~ be ~~paid back at sometime to their rightful owners~~.

	Because of this nature of the fund, expenditures from it are not required to be approved by the ~~parliament~~.		It deals with the money received by the [[Government of India\|Indian Government]], i.e. state provident funds, various pre-deposits under national small savings fund, [[depreciation]] and reserve funds of departmental undertakings, national defense fund, etc. are paid into public accounts. These funds do not belong to the government, they have to be paid back at some time to their rightful owners. The government is merely acting as a banker in the transactions of public account.

			Because of this nature of the fund, expenditures from it are not required to be approved by the [[Parliament of India\|Indian Parliament]].

	==References==		==References==

>Wikiacc: Reverted edits by !matt5454!matt (talk) to last version by I dream of horses

2021-01-20T01:15:55Z

Reverted edits by !matt5454!matt (talk) to last version by I dream of horses

New page

{{Use dmy dates|date=July 2019}}
{{multiple issues|
{{notability|date=August 2014}}
{{unreferenced|date=August 2014}}
{{Orphan|date=August 2014}}
{{Underlinked|date=August 2020}}
}}

The '''Public Account of India''' was constituted by Article 266(2)of the [[Indian Constitution]]. It deals with the money received by the government, i.e. state provident funds, various pre-deposits under income tax, depreciation and reserve funds of departmental undertakings are paid into public accounts.
Thus, receipts and disbursements which do not form part of the consolidated fund of India are included in the public accounts of India. These funds do not belong to the government, they have to be paid back at sometime to their rightful owners.

Because of this nature of the fund, expenditures from it are not required to be approved by the parliament.

==References==
{{reflist}}

[[Category:Law in India]]

{{India-law-stub}}