Public Account of India

E545556

The Public Account of India is a government account that records funds held in trust, such as provident funds and small savings, which do not require parliamentary approval for withdrawal.

All labels observed (1)

Label Occurrences
Public Account of India canonical 5

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf government account ⓘ
public financial fund ⓘ
administeredBy Department of Economic Affairs ⓘ
Ministry of Finance, Government of India ⓘ
linked to: Ministry of Finance
auditedBy Comptroller and Auditor General of India ⓘ
budgetClassification outside the Consolidated Fund of India ⓘ
cashFlowsType non-governmental funds ⓘ
cashManagement operated through government banking arrangements ⓘ
classification non-votable funds ⓘ
constitutionalBasis Article 266(2) of the Constitution of India ⓘ
controlledBy executive government ⓘ
country India ⓘ
distinctFrom Consolidated Fund of India ⓘ
Contingency Fund of India ⓘ
distinguishedBy withdrawals are made according to rules framed by the executive, not by appropriation acts ⓘ
includes deposits of local bodies and other entities ⓘ
other trust funds ⓘ
postal savings ⓘ
public provident fund ⓘ
reserve funds ⓘ
small savings collections ⓘ
state provident funds ⓘ
includesLiabilities provident fund liabilities ⓘ
small savings liabilities of the government ⓘ
legalNature trust account ⓘ
maintainedBy Government of India ⓘ
notOwnedBy Government of India ⓘ
ownership belongs to depositors and contributors ⓘ
parliamentaryControlForm no annual appropriation vote for withdrawals ⓘ
parliamentaryOversight through audit reports and committee reviews ⓘ
partOf Consolidated Fund framework of India ⓘ
purpose to hold funds that do not belong to the government ⓘ
to record transactions where the government acts as a banker or trustee ⓘ
recordedIn Union government accounts ⓘ
recordType funds held in trust ⓘ
relatedConcept Union Budget of India ⓘ
government accounting in India ⓘ
public debt of India ⓘ
reportingFrequency reported annually in Union government finance accounts ⓘ
requiresParliamentaryApprovalForAppropriation no ⓘ
requiresParliamentaryApprovalForReceipt no ⓘ
requiresParliamentaryApprovalForWithdrawal no ⓘ
sectorCoverage central government ⓘ
transactionType deposits ⓘ
withdrawals ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Consolidated Fund of India → excludes → Public Account of India ⓘ
Appropriation Bill (India) → relatedFund → Public Account of India ⓘ
subject linked to: Appropriation Bill
Contingency Fund of India → relatedConcept → Public Account of India ⓘ
Government accounts of India → includesFund → Public Account of India ⓘ
Part XII of the Constitution of India → governs → Public Account of India ⓘ