Know the Difference between Vote-on-Account and the General (full) Budget

By Sudheer Kumar K|Updated : January 28th, 2021

The words Budget and Vote-on-Account have been in news recently. Hence, in this article, we will be discussing, in brief, the difference between Vote-on-Account and the General (full) Budget.    

S.No.

Vote on Account

General Budget

1

Vote-on-account deals only with the expenditure side of the government’s budget.

 

General Budget deals with both the expenditure and revenue side in the form of Financial and Appropriation Bill.

2

It is normally operative only for two months (sometimes 3-4 months also) to meet the expenses till the full budget is passed.

It is equivalent to one-sixth (one-third or fourth) of the estimated yearly expenditure.

In 2019, Vote on Account passed for 4 months.

It is operative for the whole financial year.

3

It is treated as a formal matter and passed by Lok Sabha without discussion

General budget is passed only after discussions and voting on demand for grants.

 

4

A vote-on-account cannot alter direct taxes since they need to be passed through a finance bill.

General Budget can impose fresh taxes and repeal old ones.

 

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