The central government's Finance and Appropriation Accounts for 2015 - 16 along with an audit report of the Comptroller and Auditor General (CAG) were presented in parliament on Friday, the Finance Ministry said.
The Appropriation Accounts present the actual expenditure incurred by ministries/departments in relation to the appropriations voted by parliament in the given year.
The Finance Accounts 2015 - 16, on the other hand, contain the Centre's financial statements, including accounts of receipts and expenditure from the Consolidated Fund of India, and balances of public debt, and other liabilities and assets in the Public Account of India.
This is the third time since Independence and the second consecutive time that the annual accounts of the central government have been tabled in parliament in the same calendar year.