(1) The sources of income of a Parishad shall consist of -
(i) the Central or State Government funds allotted to the Parishad;
(ii) grants from All-India Bodies and Institutions for the development of cottage, 15 village and small scale industries and the like;
(iii) such share of the land cess or any other cess or State taxes allotted under any law or fees as may be prescribed;
(iv) income from endowments, trusts or other institutions administered by the Parishad.
(v) donations and contributions from the Samitis or from the public in any form.
(2) The expenses of the Parishad shall include the salaries and allowances of its employees, honorarium payable to the President and Vice-President, the travelling expenses incurred by the members of the Parishad for attending the meetings of the Parishad and any item of expenditure directed by the Government for carrying out the provisions of this Act.
[16. Accounts and audit. - (1) The Parishad shall keep regular accounts of receipts to and disbursement from the Zilla Parishad Fund and such accounts shall be published in the prescribed manner.
(2) The provisions contained in Sub-sections (2), (3), (4) and (5) of Section 100 of Orissa Grama Panchayats Act, 1964 shall mutatis mutandis apply in regard to the audit of the Zilla Parishad Fund.]
[18. Review of Finance. - (1) It shall be the duty of the Finance Commission to review the financial position of Parishads and to make recommendations to the Governor as required under Article 243-I of the Constitution.
(2) The Commission may, for the purpose of maintaining sound financial position of Parishads, make such recommendations including measures heed for improvement of the financial position thereof, as it may deem fit.
(3) The Governor shall cause every such recommendation made by the Finance Commission together with an explanatory Memorandum as to the action taken thereon to be laid before the Legislature Assembly.]
CHAPTER-IV Control