consolidated fund


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consolidated fund

the UK government's account at the BANK OF ENGLAND into which it pays its TAXATION and other receipts, and which it uses to make payments.
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"They should have deposited only Rs 50000 crore into consolidated fund of India and devolved Rs 21000 crore to the states.
The Act provides for one per cent of the Consolidated Fund to made available to provide what we called the Basic Health Provision Fund, and that Fund will be invested through Social Health Insurance; Primary Healthcare Revitalization, Accident and Emergency Management and Critical Needs; Research and Development; Recruitment and Training of quality healthcare providers at the primary care level.
The chief minister quoting Article 119 of the Constitution said that the custody of the provincial consolidated fund and the authority to withdraw money from it rests with the provincial government.
The chief minister who also holds the portfolio of finance department had worked out the figures and said that in 2012-13, an amount of Rs633.119 million was unconstitutionally deducted by the FBR from Provincial Consolidated Fund (PCF) in respect of withholding tax.
'According to Section 5(b) of Controller General of Accounts Ordinance XXIV of 2001, all payments and withdrawals from the consolidated fund and public accounts of the Federal or Provincial Government, against approved budgetary provisions, may be authorized by the Controller General of Accounts after applying Pre Audit Checks, as prescribed by the Auditor General of Pakistan', the AGP stated.
During his State of the Nation address last month, President Weah promised to reduce his salary and benefits by 25% and give the proceeds back to the consolidated fund for allocation and appropriation as they see fit.
Money paid from such penalties is paid into the Treasury's Consolidated Fund.
Settlement amounts go to the consolidated fund of the Republic and do not constitute CySEC revenues.
Kohima, March 17 -- Nagaland Chief Minister Neiphiu Rio has today presented a Vote-on-Account budget for the year 2013-14 and sought the approval of the House for withdrawal of Rs 2913.43 crore from the Consolidated Fund of India for payment of expenses relating to the period from 1st April to 31st July, 2013.
The auditor has informed the ministry that the performance audit is covered under Section 16 of the CAG's ( DPC) Act as profit from petroleum is non- tax revenue credited to the Consolidated Fund of India and such an audit would involve examination of all records, including those of the operator ( RIL), which are relevant to audit.
Euro17 million (J$2.2 billion) will be injected into the Consolidated Fund in the new fiscal year, to provide budgetary support for Jamaica, as a result of the fall-out in the bauxite alumina sector that has impacted the economy, reports JIS (Feb.
'However on June 30, 2019, the balance of the state government's Consolidated Fund saw a decrease of 16.3 per cent, or RM467 million, namely from RM2.84 billion to RM2.38 billion - when compared to the same period in 2018.

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