What is Vote on Account?

Answer Posted / deepak

A vote-on account is basically a statement ,where the government presents an estimate of a sum required to meet the expenditure that it incurs during the first three to four months of an election financial year until a new government is in place, to keep the machinery running.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell us something about yourself in one minute?

622


Define FII? How does it benefit the government?

640


What is 'laghu udhami credit card (lucc) scheme and its features?

590


What Are Various Investments Under Section 80(c) Of Income Tax Act?

661


What Are Bearer Debentures?

689






What is a swap?

665


What are the loan products of SBI?

664


What do you know about term life insurance?

628


When Extra Shares Applications Are Refunded, What Entry Will Be Passed?

659


What is RBI's role in developing the Indian Economy?

661


How the economic development comes?

632


What is the role of small and medium enterprises in uplifting the economy?

653


What Is Credit Management System?

609


As a student of Arts/ Science or Commerce why didn't you applied for higher studies?

670


what should be the methology of business taxation ?

2340