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State of Madhya Pradesh - Section

Section 6 in M.P. Nagar Vikas Nidhi Niyam, 2001

6. Nature of the Fund.

- The Fund shall comprise of the following :-
(i)The amount of entry tax to be paid from lime to lime by the State Government from the consolidated fund of the State to compensate the loss caused as a result of abolition of toll tax shall be transferred every year in the financial year as per budget provision;
(ii)The grants to be received from the State Government on the recommendations of the State Finance Commission for the improvement of basic services;
(iii)The grant to be given by the State Government for other purposes;
(iv)Funds received from any other source.