West Bengal Fiscal Responsibility and Budget Management (Amendment) Act, 2022
Finance, Budget , Finance Act 👁️ 127
An Act to amend the West Bengal Fiscal Responsibility and Budget Management Act, 2010.
GOVERNMENT OF WEST BENGAL
LAW DEPARTMENT
Legislative
NOTIFICATION
No. 317-L. 31st March, 2022.
The following Act of the West Bengal Legislature, having been assented to by the Governor, is hereby published for general information:-
West Bengal Act IV of 2022
THE WEST BENGAL FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (AMENDMENT) ACT, 2022.
An Act to amend the West Bengal Fiscal Responsibility and Budget Management Act, 2010.
Whereas it is expedient to amend the West Bengal Fiscal Responsibility and Budget Management Act, 2010, for the purpose and in the manner hereinafter appearing;
It is hereby enacted in the Seventy-third Year of the Republic of India, by the Legislature of West Bengal, as follows:-
1. Short title and commencement.
(1) This Act may be called the West Bengal Fiscal Responsibility and Budget Management (Amendment) Act, 2022.
(2) It shall come into force at once.
2. Amendment of section 4 of West Ben. Act XIV of 2010.
In the West Bengal Fiscal Responsibility and Budget Management Act, 2010, in section 4, in sub-section (2), after the fourth proviso, the following proviso shall be inserted:-
“Provided also that the maximum fiscal deficit as percentage of Gross State Domestic Product (GSDP) shall be 5% during 2021-22 only.”.
By order of the Governor,
PARTHA SARATHI SEN
Secy. to the Govt. of West Bengal
Law Department.