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[Cites 0, Cited by 8] [Entire Act]

Union of India - Section

Section 215 in The Finance Act, 2018

215. Amendment of section 7.

- In section 7 of the principal Act, -
(a)in sub-section (1), for the words "every quarter", the words "on half-yearly basis" shall be substituted;
(b)after sub-section (1), the following sub-section shall be inserted, namely:-
"(1A) The Central Government shall prepare a monthly statement of its accounts.";
(c)in sub-section (2), for the words "pre-specified levels mentioned in the Fiscal Policy Strategy Statement and the rules made under this Act", the words "prescribed levels" shall be substituted.