Section 8 in Punjab Panchayat Samitis and Zila Parishads Finance, Budget and Accounts Rules, 2014
8. Approval of Budget of Panchayat Samiti.
- Budget estimates so prepared shall lie laid by the Executive Officer before the Standing Committee for Finance. Audit and Planning for its close scrutiny or any modification as it may consider fit, where after the Standing Committee for 11nance Audit and Planning shall submit the budget in Form FBA-I to the Panchayat Samiti in its meeting to be held on or before the twelfth February each year for consideration and taking action under section 142. The budget shall be placed before the Zila Parishad for its approval.
