Section 112(1) in The Maharashtra Agricultural Produce Marketing (Regulation) Rules, 1967
(1)The Market Committee shall meet in the month of July and shall prepare its annual budget of income and expenditure for the ensuing market year. The budget shall be prepared in the form prescribed by the State Marketing Board established under section 39-A (hereinafter referred to as "the Board"). The budget shall include all items of revenue and expenditure (including expenditure on administration and development items). The budget shall be submitted by the Market Committee to the Board or an officer authorised by it in this behalf for approval not later than the 31st July of every year.
