Finance

The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.

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COSA implementation in Grant-in-aid Institutions

Salary bills including those related to Educational institutions, PRI institutions, and Urban Local Bodies shall not be accepted at the Treasuries/ PAO’s on or after 1.4.2015, if they are not generated through COSA/ COSA-compliant software.

Discontinuation of present Letter of Credit (LOC) System

Discontinue the present LOC System for execution of Works and Forest Expenditure and bring the working of the Works and Forest Divisions under the ambit of the Treasury System through allotment of funds w.e.f. 01.04.2015.

DA to Other than Govt. Employees wef January, 2015

Grant of Dearness Allowance to the Teachers and Non-Teaching Employees of Non-Government Educational Institutions/ Employees of Statutory Bodies/ Government Undertakings/ Panchayats including Panchayat Karmee and Municipal Corporation/ Municipalities, Local Bodies etc. with effect from January 01, 2015.

Implementation of e-Pradan from 01.12.2014

Finance Department intends to implement the second module of IFMS, viz. e-Pradan (e-Payment from 1st December, 2014) gradually covering all the treasuries and DDOs by 31st March, 2015.

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