THE PLAIN-LANGUAGE GUIDE
What does this mean?
The President causes the Union's annual financial statement to be laid before Parliament. It distinguishes charged expenditure from other expenditure and revenue from other expenditure.
The Union's President, ministers, Parliament, Supreme Court and Comptroller and Auditor-General.
IN EVERYDAY LIFE · ILLUSTRATIVE EXAMPLEA Budget announcement, a voted grant and an appropriation authorising withdrawal are connected but distinct steps.
PURPOSE & CONTEXTWhy is this provision here?
Public revenue and proposed expenditure need to be presented to the legislature in a structured annual statement.
Historical evidenceThis Article number belongs to the original constitutional framework, but its present wording may include later amendments or substitutions. A provision-specific original Assembly debate has not been verified here. The explanation of function above is editorial inference from the text, not an attributed single motive of the framers. The original draft-making archive is a research resource, not proof of a particular historical reason.
The explanation of purpose is an editorial reading of the provision. A drafting motive is attributed only where a linked historical source supports it.
Limits, exceptions & reading carefully
Educational summary of the linked source text. Exceptions, provisos, implementing laws and applicable judgments must be read before applying it to a real case.
Read the official constitutional text
112. Annual financial statement.—(1) The President shall in respect of
every financial year cause to be laid before both the Houses of Parliament a
statement of the estimated receipts and expenditure of the Government of India
for that year, in this Part referred to as the "annual financial statement''.
(2) The estimates of expenditure embodied in the annual financial
statement shall show separately—
(a) the sums required to meet expenditure described by this
Constitution as expenditure charged upon the Consolidated Fund of India;
and
(b) the sums required to meet other expenditure proposed to be
made from the Consolidated Fund of India,
and shall distinguish expenditure on revenue account from other expenditure.
(3) The following expenditure shall be expenditure charged on the
Consolidated Fund of India—
(a) the emoluments and allowances of the President and other
expenditure relating to his office;
(b) the salaries and allowances of the Chairman and the Deputy
Chairman of the Council of States and the Speaker and the Deputy Speaker
of the House of the People;
(c) debt charges for which the Government of India is liable
including interest, sinking fund charges and redemption charges, and other
expenditure relating to the raising of loans and the service and redemption
of debt;
(d) (i) the salaries, allowances and pensions payable to or in respect
of Judges of the Supreme Court;
(ii) the pensions payable to or in respect of Judges of the Federal
Court;
(iii) the pensions payable to or in respect of Judges of any High
Court which exercises jurisdiction in relation to any area included in the
territory of India or which at any time before the commencement of this
Constitution exercised jurisdiction in relation to any area included in
[a Governor's Province of the Dominion of India];
(e) the salary, allowances and pension payable to or in respect of
the Comptroller and Auditor-General of India;
(f) any sums required to satisfy any judgment, decree or award of
any court or arbitral tribunal;
(g) any other expenditure declared by this Constitution or by
Parliament by law to be so charged.
Extracted from the Legislative Department’s May 2026 edition. Page footnotes may refer to neighbouring provisions; check their markers in the PDF. Inclusion in this edition does not by itself establish commencement or judicial effect.
