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18. BUDGET AND APPROPRIATION18.1 The Finance Ministry places before both the Houses ofParliament an Annual Financial Statement also known as “Budget”showing the estimated receipts and expenditure of the CentralGovernment in respect of a financial year, before the commencementof that year. The statement also contains revised provisions for thecurrent year.18.2 The budget is based on the Revised Estimates/BudgetEstimates prepared by various individual offices duly vetted andconsolidated by the Heads of Department/Ministries.18.3 Accordingly, the budget proposals for the next year and revisedproposals for the current year are to be prepared every year andsent to the government. The branches prepare their budgetproposals and submit the same to Head Office. These arescrutinized and reconstructed on the prescribed forms andsubmitted to the Government towards the last week of September. Itis, therefore, very important that the branches send their proposalsto the Head Office in the first week of September to enable the HeadOffice to examine the same and send to the Government in time.18.4 Every branch is required to submit its final statements ofsavings and excesses in the month of February. These arescrutinized in the Head Office and a consolidated statement ofsavings and excess for the whole of CBI is sent to the Government.On receipt of re-appropriation, the branches are intimated regardingtheir final allotment of funds under different heads.18.4.1 Appropriation Accounts: The appropriation account in respectof the Head Office is prepared and sent to the Pay & Accounts Office,CBI alongwith the explanation for variations between the budgetallotment and expenditure. Every branch furnishes the same to thePay & Accounts Office CBI under intimation to the Head Office.18.4.2 Reconciliation of Accounts: The accounts are reconciledby the Head Office and the branches with the expenditure booked inPay & Accounts Office, CBI. Every quarter, an official should bedeputed to the Pay & Accounts Office, CBI, New Delhi from eachbranch to reconcile the figures and to get the adjustments donewherever necessary. Accounts figures finally published will be thosemaintained by PAO.Page 118 of 118