Home The Constitution Part V Article 150

Art. 150 Part V: The Union

Form of Accounts of the Union and of the States

Exact text — Constitution of India

The accounts of the Union and of the States shall be kept in such form as the President may, on the advice of the Comptroller and Auditor-General of India, prescribe.

In Plain English

What this Article actually means

This Article requires the President — but specifically ON THE CAG's advice — to prescribe the standardised form government accounts must be kept in, ensuring the CAG's own expertise directly shapes the accounting framework it will later be auditing against, and keeping Union and State accounting reasonably consistent for comparison and oversight purposes.

Why This Matters To You

How it shows up in everyday life

This is why government financial statements follow a specific, standardised accounting format across different Union ministries and different states — a consistency directly rooted in the CAG's own advisory input under this Article, making meaningful cross-comparison and audit possible.

Read alongside this one

Art. 149 — Duties and Powers of the Comptroller and Auditor-General

Frequently Asked

Quick answers about Article 150

Does the CAG decide the accounting format alone?

Formally the President prescribes it, but 'on the advice of' the CAG, meaning the CAG's expertise is the substantive driving force behind the actual accounting standards used.

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The text above reproduces Article 150 of the Constitution of India as amended to date, for general educational reference. It is public-domain legislative text, but we recommend cross-checking the authoritative version at legislative.gov.in or india.gov.in before relying on it for a legal matter. The explanation, examples and FAQs are general information, not legal advice — consult a qualified advocate for guidance on your specific situation.