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Kota Development Authority Act,2023

Section 62. Budget

(1) The Director, Finance of the Authority shall prepare, every year, in such form and at such time as may be determined by regulations, an annual budget estimate in respect of the financial year next ensuing, showing the estimated receipts and disbursements of the Authority to the Kota Development Commissioner who shall after making such modifications as he deems fit, submit it to the Authority for approval. (2) The Kota Development Commissioner shall forward to the State Government copies of the budget approved by the Authority.

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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