# The Code on Social Security, 2020, Section 117: Budget estimates

- Act: The Code on Social Security, 2020 (Act 36 of 2020)
- Ministry: Ministry of Labour and Employment
- Source URL: https://indiacode.ecourtsindia.com/code-on-social-security-2020/section/117/

## Text

(1) Each of the Social Security Organisations shall in each year frame a budget showing the probable receipts and the expenditure which it proposes to incur during the following year and shall submit a copy of the budget for the approval of the appropriate Government before such date as may be fixed by it in that behalf. (2) The budget shall contain provisions adequate in the opinion of the appropriate Government for the discharge of the liabilities incurred by the Social Security Organisation and for the maintenance of a working balance.

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