State Act
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Section 5. Fiscal Policy Statements to be laid before the Legislature of the Union territory of Jammu and Kashmir.
THE JAMMU AND KASHMIR FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2006
In forceJammu and Kashmir (State Act)
5. Fiscal Policy Statements to be laid before the Legislature of the Union territory of Jammu and Kashmir. Fiscal Policy Statements to be laid before the 1[Legislature of the Union territory of Jammu and Kashmir].The Government shall in each financial year lay before 2[Legislative Assembly of the Union territory of Jammu and Kashmir], the following statements of fiscal policy alongwith the budget, namely: (a) the macroeconomic Framework Statement ; (b) the Medium Term Fiscal Policy Statement ; and (c) the Fiscal Policy Strategy statement.