Section 9(2)(f) in The Jammu and Kashmir Fiscal Responsibility and Budget Management Act, 2006

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State of Jammu-Kashmir - Subsection

Section 9(2)(f) in The Jammu and Kashmir Fiscal Responsibility and Budget Management Act, 2006

(f)[ provide for flexible limit of 0.25% over and above the 3% of GSDP for any given fiscal year to which its fiscal deficit is to be fixed if its debt-GSDP ratio is less than or equal to 25% of the preceding year. [Added by Act No.3 of 2018, dated 13.2.2018.]

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State of Jammu-Kashmir - Subsection

Section 9(2)(f) in The Jammu and Kashmir Fiscal Responsibility and Budget Management Act, 2006