Article 150 of CoI : Article 150: Form of accounts of the Union and of the States.
CoI
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Explanation using Example
Example 1:
Scenario: The Government of India has decided to implement a new digital accounting system for all financial transactions.
Application of Article 150: The President of India, after consulting with the Comptroller and Auditor-General (CAG) of India, prescribes the format and guidelines for the new digital accounting system. This ensures that all financial records of the Union and the States are maintained uniformly and transparently.
Outcome: All government departments and state governments adopt the new digital accounting system as per the pre...
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