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Amendment of section 2

Section 211 - Acts - AMENDMENTS TO THE FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT , 2003 - FINANCE ACT, 2018 - Section 211 - 211. In section 2 of the principal Act,- (i) for clause (aa), the following clause shall be substituted, namely:- (aa) C .....

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ies in the public account of India; and (iii) such financial liabilities of any body corporate or other entity owned or controlled by the Central Government, which the Government is to repay or service from the annual financial statement, reduced by .....

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ng inter-Governmental liabilities; (bc) gross domestic product means the sum of the gross value added by all resident production units plus that part of taxes, less subsidies, on products, which is not included in the valuation of output, during a fi .....

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