Acknowledgement of liabilities in Annual Budget

While presenting the Annual Budget for the current year, the State Government shall furnish a statement showing the deferred liabilities on the following accounts,-

(i) States matching share under central sponsored plan schemes not provided for in the previous years and the deficit of such State share in the current financial year;

(ii) bills presented in the treasury but not encashed at the close of the previous financial year;

(iii) Central assistance received but not utilized at the end of a particular financial year; and

(iv) undisbursed amount lying in the civil deposits. The State Government shall, at the time of presentation of Annual Budget, furnish a statement in Form IV giving in detail the number of employees and related salaries as specified in sub-section (10) of section 6.