Rule 45 — GFR

Rule 45 Receipt Estimates. The detailed estimates of receipts shall be prepared by the estimating authorities separately for each Major Head of Account in the prescribed form. For each Major Head, the estimating authority shall give the break-up of the Minor/Subhead/ Detailed wise estimate along with actuals of the past three years. While doing the head wise classification, it may be ensured that Ch.-3 - BUDGET FORMULATION AND IMPLEMENTATION item wise break-up of all major items of tax and non-tax revenues are clearly identified and depicted in the receipt estimates. This is required to highlight all individual items of significance. Any major variation in estimates with reference to past actuals or/and Budget Estimates shall be supported by cogent reasons. The accounting heads under which major tax and non-tax revenues are collected shall be prescribed by the administrative Ministry in consultation with the Budget Division in the Finance Ministry.