Regular Budget for the Financial Year 2014-15 is likely to be presented in July, 2014

Regular Budget for the Financial Year 2014-15 is likely to be presented in July, 2014

Most lmmediate/ Budget Matter
D.O. No. 2(29)-B(D)/2014

Government of India
Ministry of Finance
Department of Economic Affairs
North Block, New Delhi – 110001

DR. RAJAT BHARGAVA, IAS
Joint Secretary

New Delhi, dated the 3 June, 2014

Dear

The Regular Budget for the Financial Year (2014-15) is likely to be presented ¡n early July, 2014.

2. Allocations projected in the Interim Budget 2014-15, are generally not altered. However, cases of schemes/ decisions which have the effect of raising expenditure Commitments may be sent to the Budget Division for examination. In case the additionality is agreed to by this Ministry, then revised Statements of Budget Estimates (SBEs) would need to be forwarded to Budget Division.

3. For such cases, necessary approvals may please be obtained on or before so that the revised SBEs can be forwarded to the Budget Division latest by l9th June.

4. It is clarified that additionality will only be for committed liabilities.

With regards,

Yours sincerely,
(Dr. Rajat Bhargaa))

To
All Financial Advisors

Source : Ministry of Finance

[http://www.finmin.nic.in/the_ministry/dept_eco_affairs/budget/regularbudget20142015.pdf]