(a)The Secretary of the Grama Panchayats shall prepare annual budget estimate and supplementary or revised estimate and shall place such budget estimates before the Grama Panchayat after obtaining approval of the Sarpanch.(b)The Supplementary or revised estimate shall be prepared in Form No. 26 and the heads and figures relating to item which requires alteration shall only be mentioned in the form. The reasons for altering the figures in the original budget estimates shall be adequately explained.
