Central Act

32

Section 32. Budget estimates.

The Employees State Insurance Act, 1948

Act no. 34 of 19481948Repealed 21 November 2025All India (Central Act)

This Act was repealed on 21 November 2025 by the Code on Social Security, 2020 (36 of 2020), s.164(1); it may still apply to matters that began before then.

32. Budget estimates.—The Corporation shall in each year frame a budget showing the probable receipts and the expenditure which it proposes to incur during the following year and shall submit a copy of the budget for the approval of the Central Government before such date as may be fixed by it in that behalf. The budget shall contain provisions adequate in the opinion of the Central Government for the discharge of the liabilities incurred by the Corporation and for the maintenance of a working balance.