1.1. The term "provider," and all its synonyms would mean "publicfinance.in," and Macromoney Research Initiatives Private Limited (Hereinafter termed as "Macromoney"). The term would also include any agent(s) who have been so authorized by Macromoney to act in their behalf.
1.2. The term "authorized user" would include any person, whether an individual or a legal entity who has taken subscription to the services provided by Macromoney, and their access to such information would be restricted by the simple use of a sign in user name and a password.
1.3. For the purposes of this subscriber agreement, any person who does not have any legal or a contractual right to access the services provided, but does so, will fall within the definition of an "unauthorised user" and will be subject to the terms and conditions, and expressly so with respect to respecting the intellectual property rights of the provider, and abiding by licensing terms and conditions.
1.4. The term "User" would include all the authorised and unauthorised user(s)
1.5. The terms "service" or "services" would mean to include the interactive online information database offered by Macromoney on the internet through which the user may access annual reports of state level agencies/companies, budgets of municipal corporations and detailed budgets of state governments etc. Macromoney also provides Copyrighted Reports which are prepared in-house for the subscribers use.
1.6. The term "organization" would be used to define any company, partnership firm, institute, trust or any such entity which has a legal personality but is not a natural person.
1.7. The term "Downloaded Data" means the portions of the Data downloaded and temporarily stored to a storage device under Subscriber's exclusive control.


2.1. The services so offered by Macromoney, are subject to the user agreeing to all the terms and conditions of this license.
2.2. Macro money grants the user a non-exclusive, non-transferable, revocable, limited license to access and use for research purpose the online services and materials from time to time made available.
2.2.. The right to electronically display materials retrieved from the online services to no more than one person at a time.
2.3. The license includes the right to download and store data ('Downloaded Data'), as permitted by these terms and conditions, to a storage device under subscriber's exclusive control.
i. To display internally such downloaded data
ii. To quote and excerpt from such downloaded data (appropriately cited &credited) by electronic cutting & pasting or other means in subscriber's own work products.
iii. To create printouts of substantial portions of data for internal use and for distribution to third parties if such third parties agrees not to distribute the printouts.
2.4. Macromoney reserves the right to terminate this license at any time for any reason.
2.5. No Research reports(copyrighted) downloaded from the Web Site of Macromoney shall be reproduced, transmitted or stored in any other Web Site nor shall any of its pages be disseminated, either in electronic or non-electronic form, or included in any public or private electronic retrieval system or service without the prior written permission of Macromoney.
2.6. It is made abundantly clear that Macromoney does not have absolute control over the contents posted on the web site which are already in the public domain and hence does not guarantee the accuracy, quality or integrity of such content. Any illegal or offensive content posted on the site, if detected, should be brought to Macromoney's attention for immediate action. Macromoney will not be responsible in any manner for any defamatory or contemptuous matter posted herein.
2.7 A credit system would be applicable to the subscribers who upon having certain mentioned amount of credit would be given the permission to download document for certain amount of credits which would be later deducted from their accounts.


3.1. In order to become and remain an authorised user a person has to
3.1.1. Complete the order form;
3.1.2. Pay the subscription fee which should be a minimum of Rs.3000 and applicable as mentioned in the order form;
3.1.3. Pay for usage of information/data according to the Macromoney product pricing policy. The amount of subscription gives an equivalent amount of credits which will be credited to the subscribers account. These 'credits' can be used to download the documents from the database. Each document would carry a description of its content and the amount of credits required for the download. The amount of credit varies from 100 to 250 credits per documents. The Copyrighted reports which are prepared in house would be prices a bit higher than the other documents. When a subscriber downloads a document, the outstanding credits in his account will get extinguished to that extent.
3.2. After payment of the subscription fee applicable and after reading this entire document and the Terms and Conditions and Copyright Notice contained in it, the intending subscriber shall confirm that he/it accepts all the terms and conditions herein mentioned and agrees to be bound by them and to observe them strictly by clicking the "I accept" button on the program and/or by submitting to Macromoney the registration form included in this document. It is made clear that by clicking on the "I ACCEPT" button, the party gets all the rights and liabilities as it would have got in case of physically signed any document.
3.3. In the case of organisations the individual signing shall be presumed, by the act of signing, to have represented that he has the full authority of the organization to sign and act on its behalf. The organisation shall provide Macromoney with the names of all its members who will be the authorised users of the service and the said organization shall ensure that its access rights are restricted to members proposed by them. The organizations will be directly responsible and liable in case of any misuse of the service.
3.4. After completion of what is prescribed in 3.1 to 3.3 above, the subscriber will obtain his/its sign-in identity and password allotment/ permission to use which will constitute the offer and acceptance of the terms and conditions herein by Macromoney and the intending subscriber, thus constituting him/ it an authorised user herein permitted to avail the service and/or access the data and information provided by Macromoney, in any form, and shall hereinafter be referred to as "subscriber".
3.5 The subscriber can download a document any number of times. Their account is charged only for the first download. The subscriber can also accumulate credits by uploading documents. Macromoney invites their subscribers to participate in building this depository of budgets and reports. A person is required to be a subscribed user to upload any documents.
3.6 The subscriber shall be responsible for keeping secure the user identity and password required to access the Online Service. For the purpose of this Agreement, all actions performed by any person using the identity and password allotted to the subscriber shall be deemed to have been committed by the subscriber and the subscriber shall be liable for the same. The subscriber shall ensure that the password is kept confidential and the subscriber shall ensure that the password should not be shared with unauthorized users. Macromoney reserves the right to terminate the license at any time if it is found that the subscriber has been sharing the password with any unauthorized user.
3.7 The subscriber accepts that by the action of viewing and/ or downloading the information from the Macromoney website, it has performed the action of using the Macromoney website.
3.8. In addition to the subscription fee and usage charges, the subscriber is liable to pay any and all taxes, duties and levies which may be applicable as per law or regulation and which Macromoney may apply to the total billing of the subscriber.
3.9 Validity of credit- any credit received by the user from the website shall be used within a period of one year from the date of receipt of the credits. The credit shall automatically expire upon the expiry of the said period.


4.1. The subscription fee is a minimum of Rs.3000/-(Rupees Three Thousand). Payments can be made either by a cheque/DD or by using the payment gateway provided by the website. No cash will be accepted. The subscription can be recharged at any point of time.


5.1. The terms, conditions and prices and/ or other matters provided in the Price List, and any modifications carried out by Macromoney and any notices served upon the subscriber by Macromoney shall be deemed to be included in the terms and conditions herein.
5.2. Macromoney reserves the right to modify the terms and conditions including the subscription and the charges, and to introduce new ones. Any such modifications shall become effective forthwith on the issue of a notice to the subscriber by Macromoney by electronic mail.
5.3. The subscriber's continued use of service after the publication of the notice conveying the modification shall conclusively be deemed to be the acceptance of the modified terms and conditions.
5.4. Macromoney has the right to prevent access to all or part of the Web Site without notice, if the conduct of the user is in contravention with the Terms and Conditions of Use or the applicable laws. Macromoney shall have a right to make such additions to, deletions from and other modifications, as it may deem fit, of the database and in the database, and/ or the manner of presenting and providing such databases, including the basic structure and features thereof, without giving notice thereof to the subscriber.
5.5. Macromoney shall not be liable or responsible, whether under law or equity, for any delays, defaults or interruptions in the performance of the Service.


6.1. The user agrees that copyrights, trademarks, patents, designs and other proprietary rights and laws protect the Web Site. Any rights not expressly granted herein are reserved.
6.2. The user is also cautioned against any conduct on his part that infringes or purports to infringe the copyright or other proprietary rights or laws. The user shall not, under any circumstances whatsoever, use the printouts of the material available on this Web Site for any purpose that violates the copyright or any other proprietary rights of Macromoney. The user shall not remove the copyright notices or other notices from the printouts of material taken from the Web Site.


7.1. Content or information available on the Web Site of Macromoney is protected by the Copyright Act 1957 and is subject to Macromoney's Copyright.
7.2. Certain customized reports prepared by Macromoney are made available by Macromoney which include research reports like- Translation of budgets/annual reports from vernacular language to English, Head notes which is chapter wise summary of government reports, Excel spread sheets which give the Government accounts for the last five years, etc. are the property of the Macromoney and are identified as such. The information and data are protected by copyright and other intellectual property laws and no such right is deemed to have been transmitted by this arrangement to the user.The subscriber has obtained only the limited right to use, in the manner set out earlier, the information provided hereunder.


9.1. The Content on the Web Site is for personal use only and not for commercial exploitation.
9.2. You may not decompile, reverse engineer, disassemble, rent, lease, loan, sell, sub-license, or create derivative works from the Web Site or the Content. Nor may you use any network monitoring or discovery software to determine the Site architecture, or extract information about usage or users.
9.3. You may not use any robot, spider, other automatic device, or manual process to monitor or copy our Web Site or the Content without Macromoney's prior written permission.
9.4. You may not alter, add, amend, copy, modify, reproduce, republish, distribute, display, or transmit for commercial, non-profit or public purposes all or any portion of the Web Site, except to the extent permitted above.
9.5. You may not use or otherwise export or re-export the Web Site or any portion thereof, the Content or any software available, on or through the Web Site in violation of the export control laws and regulations of India. Any unauthorized use of the Web Site or its Content is prohibited.
9.6. Certain software used by Subscriber may not be capable of supporting the Service, and the performance of the Service will vary with the hardware on which it is used.
9.7. Downloaded Data shall not be stored or used in an archival database or other searchable database except as expressly permitted by this Agreement.
9.8. Subscriber undertakes to use its reasonable endeavours to ensure that the Service shall not be accessed or used by third parties other than those entitled to do so by virtue of this Subscriber Agreement.
9.9. Subscriber shall use its reasonable endeavours to keep any Downloaded Data secure and to prevent any third party duplicating or otherwise reproducing in whole or in part Downloaded Data or any part thereof other than for the exercise of the rights granted by this Agreement, and shall use its reasonable endeavours to prevent whether by act or omission such duplication or reproduction except as permitted by the terms of this Agreement.


10.1. Macromoney makes reasonable effort to ensure that the information provided on the Web Site is accurate but does not represent or warrant that the information available on or through the Web Site will be correct, accurate, reliable, uninterrupted, or timely.
10.2. Macromoney does not represent or warrant that the Web Site will be error free, free of viruses or other harmful components, or that the defects will be corrected.
10.3. The user is responsible for implementing sufficient procedures and checkpoints to satisfy his particular requirements for accuracy of data, input and output and for maintaining a means, external to the Web Site for the reconstruction of any lost data.
10.4. The user shall not post or transmit any material that contains a virus or corrupted data. Macromoney reserves the right in its sole discretion and without any obligation, to make improvements and/or changes to its features, functionality or material, at any time.
10.5. The user shall also not upload post any material, links to any material, which violate any laws of India.


11.1. Macromoney reserves the right to seek all remedies available at law and equity for violations of the Terms and Conditions of Use, including but not limited to, the right to block access from a particular Internet address to Macromoney's website and its features.


12.1. The Terms and Conditions of Use are governed by and construed in accordance with the Indian Law and any action arising out of, or relating to these terms shall be subject to the exclusive jurisdiction of the appropriate Courts at Hyderabad, Andhra Pradesh only and you hereby consent and submit to the personal jurisdiction of such courts for the purpose of litigating any such action.


13.1. Macromoney makes reasonable effort to ensure that the information provided on the Web Site is accurate but does not guarantee or warrants its accuracy, adequacy, correctness, validity, completeness or suitability for any purpose.
13.2. The information/material provided on the Web Site is provided on an "As Is" basis except for the in-house materials. Macromoney accepts no responsibility with respect to the information on the Site expressly disclaims to the maximum limit permissible by law, all warranties, express or implied, including but not limiting to implied warranties of merchantability, fitness for a particular purpose and non-infringement.
13.3. Macromoney shall not be liable in contract, tort, or otherwise for any loss of whatsoever kind howsoever arising suffered in connection with the Service (whether or not caused by the negligence of Macromoney).
13.4. Macromoney shall not be liable in contract, tort, for any loss of revenue business, anticipated savings or profits, loss of goodwill or data or for any indirect or consequential loss whatsoever, howsoever arising suffered in connection with the Service (whether or not caused by the negligence of Macromoney).
13.5. Subscriber shall accept sole responsibility for and Macromoney shall not be liable for the use of the Service by Subscriber, or any User and Subscriber shall hold Supplier harmless and fully indemnified against any claims, costs, damages, loss and liabilities arising out of any such use.
13.6. Macromoney disclaims every responsibility for any loss, injury, liability or damage of any kind resulting from and arising out of, or any way related to:
13.7.1. Any errors in or omissions from the Web Site and its content, including but not limited to technical inaccuracies and typographical errors
13.7.2. Any third party Web Sites or Content therein directly or indirectly accessed through links in the Site, including but not limited to any errors in or omissions there from.
13.7.3. The unavailability of this Site or any portion thereof;
13.7.4. Your use of any equipment or software in connection with the Site; or
13.7.5. Your use of the Site.
13.8. Macromoney Research Initiatives Pvt. Ltd. shall not responsible if any information/page is downloaded from the service providing websites and after downloading complete/partial, text/information is altered/removed/obscured contained therein.


14.1. Third party Content may appear on the Web Site or may be accessible via links from the Web Site. Macromoney shall not be responsible for and assumes no liability for any mistakes, misstatements of law, defamation, slander, libel, omissions, falsehood, obscenity, pornography or profanity in the statements, opinions, representations or any other form of Content contained in any third party content appearing on the Web Site. Macromoney has no control or authority either over the Content or presentations thereof, which solely represent the thoughts of the author and is neither endorsed by, nor does it reflect the belief of Macromoney.
14.2. Any claim either in contract, tort or otherwise relating to damages, loss, injury or determined caused by, or on account of reliance on such Content, is wholly disclaimed by Macromoney.