Vidhi Codex

Bare Act

The Bihar Fiscal Responsibility and Budget Management (Amendment) Act, 2016

Finance20164 sections

This Act amends the Bihar Fiscal Responsibility and Budget Management Act, 2006 to adopt the fiscal targets recommended by the 14th Finance Commission. It defines "interest payment" and revises the State's fiscal deficit targets, allowing some extra borrowing where debt and interest payments stay within set limits.

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  1. 0. Preamble
  2. 1. Short title, Extent and Commencement
  3. 2. Amendment in section-2 of The Bihar Act 5,
  4. 3. Amendment in section-9 of The Bihar Act 5,

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