📜 Official Text

(1) The President shall cause to be laid before both Houses, for every financial year, a statement of estimated receipts and expenditure of the Government of India (the "annual financial statement"). (2) It shows separately expenditure "charged" on the Consolidated Fund of India (which Parliament cannot vote down) versus other expenditure, and distinguishes revenue expenditure from other expenditure. (3) Lists specific items always charged on the Consolidated Fund, including the President's emoluments, Presiding Officers' salaries, debt charges, judges' salaries and pensions, the CAG's salary, and court/arbitral awards.