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Jammu & Kashmir Financial Code Vol I

The document is the Financial Code of the Government of Jammu and Kashmir, detailing rules and regulations for financial management, including cash handling, accounts maintenance, payments, and expenditures. It consists of multiple chapters covering definitions, general principles, revenue checks, pay allowances, contingencies, stores, and works. The code serves as a comprehensive guide for financial procedures and responsibilities within the government framework.

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0% found this document useful (0 votes)
181 views18 pages

Jammu & Kashmir Financial Code Vol I

The document is the Financial Code of the Government of Jammu and Kashmir, detailing rules and regulations for financial management, including cash handling, accounts maintenance, payments, and expenditures. It consists of multiple chapters covering definitions, general principles, revenue checks, pay allowances, contingencies, stores, and works. The code serves as a comprehensive guide for financial procedures and responsibilities within the government framework.

Uploaded by

inder1772001
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

GOVERNMENT OF ]AMMU AND KASHMIR

FINANCE DEPARTMENT
% V

jAMMU AND KASHMIR


FINANCIAL CODE

VOLUME-I

6TH RE-PRINT EDITION

Incorporating Correction Slips up to


ending June, 2 0 0 6
TABLE OF CONTENTS

Chapter Subject Rules Pages

Chapter I-DEFINITIONS 1.1 1-6

Chapter Il-GENERAL PRIf-JCIPLES AND RULES

I. Duties as regards cash and accounts 2.1 7

II. Pvcceipt of money, its custody and


payment into the Treasury:

(i) Receipt of money 2.2 8-10

(ii) Receipt of coin, notes etc. 2.3 11

(iii) Grant of receipt to the payer 2.4 11

(iv) Custody of receipt books 2.5 11

(v) Cheques tendered in payment of


Government dues 2.7 12-13

(vi) Deposits in the Treasury of cash


chests and valuables of other
Departments 2.8 13J 4

(vii) Payment of money into the


Treasury 2.9 14-15

III. Maintenance of Accounts Cash Books 2.10 15-19

IV. Payments

(i) General principles and restrictions^'


relating to expenditure 2.16 19-21
Chapter Subject Rules Pages

(ii) Payments of money at


Treasury 2.17 21

. (iii) Drawal of morvey from the


Treasurj' 2.18 22

(iv) General instructions regarding


the preparation and form of bills
and vouchers 2.27 26

(v) Vouchers for departmental


payments (Payments made out of
Departmental chests) 2.28 31

(vi) Affixation of receipt stamps on


vouchers 2.32 32

(vii) W:thdr?v'?l [Link]


the Tresiury on Go' crnnier.t
acco^-'nt 2.33 34

(viii) Arrear claims 2.34 35

(ix) Check of charges 2.45 38

(X) Audit objections prd fc-coverics 2.4-5 38

(xi) Responsibility for over charges 2.47 40

(xii) Control over [Link] 2.48 141

(xiii) Internal check [Link] irregularities,


waste and fraud 2.49 42

V. Defalcations ?nd losses

(i) Responsibility for Losss^s sustained


through fraud or ne0'i,rfince of
individuals 2.50 42
Chapter Subject Rules Pages

(i-a) ExlMbitioii oriosses in Government


Acci'^HnTs 2.5n-A 43

(ii) Kepnn ro the Accounlant General


and ihe Departrnenta! superior
authoniy 2.51 43

(iiil [Link] due lo iiyttjral calamities 2.52 46

Vl-Inter Government and later-


Departnierital transactions 2.53 46

VI)-Misceilaneous Rui'^s and Orders

(i) Erasures, overwriting and


corrections 2.54 47

(ii) Issue of duplicates of copies


pfdocuments 2.55 47

(iii) Prohibition reg<irding sending


of communications at public
expenses 2.56 48

(iv) Call of \ ouchers from Audit


Office 2.57

(v) Claims against the Railway for


goods lost in transit 2.58 49

(vi) Depjiitmental check of receipts


and disbursements 2.59 49

VIII-Departmental Regulations 2.60 50

Chapter ni-CHECiC ON REVENUE AND RFCEIPTS

I. General 3.1 52

II. Fines 3.6 • 54


N

Chapter Subject Rules Pages

i n . Miscellaneous Demands 3.7 55

IV. Interest on Government


Securities 3.8 55

V. Remission and abondonment of


claims to revenue 3.9 55

VI. Rent of Government buildings,


lands etc. 3.11 55

VII. Audit of receipts 3.12 5,6

Chapter IV-PAY ALLOWANCES AND PENSION

General rules

I. Due Date 4.1 59

II. Payment on quiting the service 4.3 - 61

III. Death of Payee 4.4 62

IV. Payment of dues of a Goverrrr^nt


servant v/hose whereabouts are
unknown 4.5 64

V. Payment o^'pay, leave salary etc.


and diuwdl ofjeave salary and
" pensions etc. through Banks by
ftimishingBond of Indemnity 64

' Place of payment

(i) Pay and ances 4.6-a 64

(ii) Leave Salary 4.6-b 64

(iii) BillsoflnspectingOfficcrs
and their establisnment 4.6-c 65
[vl

Chapter Subject Rules Pages

(iv) Pay due to Government


servants absent out of India 4.6-d 65

(v) Payment ol pay and allowances 4.6-e 65

(vi) Frovis'onal p^y?"n?rt of"pay on


»appointrnent, promotion, transfer
to a new post 4.7 68

VIl-Last Pay Certificate : 4.8 70

Vni-Oed'iction f r o n Bills

(i) Funds deduction 4.9 72

(ii) Deduction of taxes on income 4.10 73

(iii) House rent deduction 4.11 73

IX-Attachment of Pay and Allowances


etc. for debt

(i) Pay and Allowanrci 4 12 74

(ii) Pensions 4.13 76

X-Communications to Audit the orders


effecting pay etc. 4.14 76

XI-Maintf^[Link] Rppi<;ter of Subscribers


to G. P. Fund and State Insurance Fund 4.15 77

XIl-Transfer of charge - 4.16 77

XIII-Recovery of Government dues 4.18 78

XlV-Creation of appointments 4.20 79


[vi]

Chapier Subject Rules Pages

Chapter V-PAY, ALLOWA>!CES ETC. GAZETTED


GOVERNME>hT SERVANTS

1. Introi^'JCtory 5.1 8S

n. Fnrn: ofR'lIi: 5.2 8S

n - A . provisional payment of leave salary 5.5-A 92

in. Transfer of oftlce 5.6 93

IV. Trave^'ing Allowance 5.7 93

V. Inspecting Officers 5.9 93

Chapter VI-PAY, ALLOWANCES OF


ESTABLISHMENT

I. Sections of establishment 6.1 94

II. Annual returns of establishment 6.2 95

III. Age, Health [Link] Permanent


Residentship Certificate 6.4 96

IV. Alteration of establishrneni 6.6 98

V. Monthly Pay Bilis:-

( i ) Ins t r , jct'cns f^r preparation 6,17 105


of pay Bills
( i i ) Absentee statements 6.19 110

(lii) Increments 6.21 111

(iv) Arre^'Tpay biUs 6.23 111

(v) Acquirtance roll 6.24 113


Chapter Subject Rules Pages

(vi) Diibursementofiiioncyh
drawn on tnontliiy bills 6.26 113

(vii) Record of service 6.27 115

(viii) Travelling Alluwt^ivC 6.32 118

Chapter VII-CONTINGENCIES

i. Liiivducioiy 7.1 123

II. Classification of charges 7.3 123

HI. General Rules 7.4 124

IV. Special Rules relating to particular


kinds of contingencies and other
expenditure

(i) Contract contingencies 7.8 129

(ii) Coynterslgned Contingency 7.10 130

(iii) Charges r?2"Jhtcd by scale- •


and i'p^jcial corjiingencies 7.13-A 133

(iv) Fully vouched contingencies 7.14 134

V. Record ofContingent Expenditure

(i) Contingent Register 7.15 134

(ii) Bills for contingent charges 7.18 136

VI. Preservation, Cancellation and


Destruction of Sub-vouchers 7.23 139

V n . Permanent Advance 7.26 140

VIII. Inspecting Officers^s Bills 7.29 142

IX. Inter Departmental Transfers 7.30 142

X. Responsibility p f t h e Drawing Officer 7.31 143

XI. Responsibility of Con trolling Officer 7.33 144


[ml

Chapter - Subject Rules Pages

X n . Special Rules relating to certain


t j ^ e s of contingencies 7.34

1. Advertisements 7.35

2. Allowances to Jurors or
Assessors 7.36 146

3. Anti-Rabic Treatment 737 147

4. Bicycles 7.38 147

5. Camp Equipment 7.39 147

6. Carpets 7.40 147

7. Conveyance hire lu nou-Gozetted


or inferior Government servants l. A \ 147

8. Dak-Carriage of 7.42 148

9. Decoration of G^^vemment
buildings 7.43 148

10. Electric installations 7.44 149

11. Freight and demurrage 7.45 149

12. Furniture 7.46 149

13. Government Gazette


subscription to 7.47 151

14. Jeeps and vehicles 7.48 152

15. Medical Oflicer's Fees etc. 7.49 152

16. Postage and Telegrams 7.50 153

17. Printing 7.51 156

18. Publications . 7,52 157

19. Remittance of money for State


requirements within and outside
the State 7.53 163
Dx]

Chapter Subject Rules Paaes

20. Rewards 7.54 165

21. Secret S'^rvice Expenditure 7.55 166

22. Section Wriiting and Copying 7.56 167

23. Service Postage Stamps 7.57 167

24. Stationery 7.58 i68

25. Stores 7.59 170

26. Stoves and fuel for winter. 7.60 170

27. Taxes 7.61 171

28. Telegraphic Addresses .7.62 171

29. Telephonic charges 7.63 171

30. Typewriters, Calculating


Machines, Duplicators and
Cyclostyle Machines 7.64 173

31. Undertrial Prisoners-Diet of 7.65 174

32. Uniforms. Belts and Badges 7.66 175

-33. Witness-Diet and T.A. of 7.67 175

34, Decretal amo'ints-payment of 7.68 175

Chapter VIIl-STORES

I. General Rules

(i) Introductory 8.1 184

(u) Authorities competent


to purchase stores 8.2 184

(iii) Forecast of requirements


for time of purchase 8.4 186

(iv) Rules and instructions


governing the purchase
and acquiring of stores 8.5 186
M

Chapter Subject Rules Pages

(v) Acceptance of tenders 8.6 198

(vi) Agreement for the supply


of stores 8.7 198

(vii) Payment for stores supplied 8.9 200

(viii) Examination of contracts by-


• the Accountant General 8.10 201
(be) Tender and Agreement Form 8.11 201

(x) Claims in respect of imported


stores, lost or damaged 8.12 202

II. Custody-of Accounts of stores

(i). General 8.13 202

(ii) Dead stock 8.16 203


(iii) Other stores -8.17 205

(iv) Valuation of stores 8.21 206

(v) Receipts and disposal of stores 8.23 207

(vi) "Periodical inspection of stores 8.27 209

(vii) Verification of stores 8.28 -209

(viii) Discrepancies found on


verification of stores 8.30, 210

- (ix) Sale and disposal of stores and


write off of losses of stores 8.31 211

HI. Audit of Accounts of Stores


and Stock '

IV. Inclusion of Stores Accounts in


Appropriation Accounts (deleted) 8.33 212

Chapter IX-WORKS:-

(i) Introductory 9.1 .221

(ii) General Rules 9.2 ' 222


m

Chapter Subject Rules Pages

(iii) Works under the administrative


control of the Public Works
Department 9.8 224

(iv) Miscellaneous Rules 9.14 228

Chapter X-MISCELLANEOUS EXPENDITURE

I. General 10.1 238


II. Refunds of Revenue lOJ 238
III. Discount on Stamps 10.11 242
IV. Fees to Registrars and Sub-Registrars 10.12 243
V. Fees to Pleaders J0.13 243
VI. Scholarship and Stipends 10.14 243
VI-A. National and National Loan
Scholarships IO.147A 244
VII. Expenses on Special Occasions 10.15 246
VIII. Aid on OccaSsions ofNatura!
Calamities 10.16 247
IX. Compensation for Land 10.17 248
X. Discretionary Grants 10.18 248
XI. Grants-in-Aid 10.19 248

Chapter XI-LOCAL FUNDS

I. Introductory 11.1 263


II. Grants to Local Bodies 113 264
III. Loans to Local Bodies 11.4 264
IV. Charges recoverable from
Local Bodies 11.5 264
I •
V. Powers of incurring and
sanctioning expenditure 11.7 • 265
VI. Maintenance of accounts at
the Treasuries _ 11.8 ' 265
VII. Plus and Minus Memorandum 11.10 266
[xii]

Clhapier Subject Rules Pages

Vni Verification of Balarices 11.11 266

IX. Attachment orders issued by


Civil Courts 11.12 267

X. Adjustment of contribulions
payable to/by Local Bodies 11.13 267

XI. Miscellaneous

(a) Opening of new local ftxnds 11.16 268

(b) Service Postage Stamps - 11.17 268

(c) Pass Books 11.18 268

- XII. Audit of Accounts 11.19 268

Cbap'ter XII-SERVICE FUNDS

I. General Rules 12.1 270

II. General and Contributory


Provident Funds 12.7 271

III. State Insurance Fund - 12.8 272

(1) Receipts 12.9 272

(ii) Payment of Policies 12.10 .:.73

(iii) [Link] of Surrender value 12.12 273


%

(iv) Refund of Premia 12.13 273

Chapter XIII-DEPOSITS

I. Introductory 13.1 275


II. ClassificationofCivilDeposits 13.2 275
III. Revenue Deposits 13.4 276
IV. Civil and Criminal Courts Deposits 13.5 277
V. Personal Deposit 13.6 219'
VL, Public Works Deposit 13.9 281
[xiii]

Chapter Subject Rules Pages

VII. Trust Interest Funds 13.10 281

VIII. Deposits for work done for public


bodies or private individuals 13.11 281

IX. Unclaimed Provident Fund Deposit 13.12 .283

(a) Deposit of Local Funds 13.13 283

(b) Other Dep«)sit Accounts 13.14 283

X. Limitations 13.15' 284

XI. Repayment 13.19 286

XII. Lapses Annual Accounts 13.22 288

XIV. Agreement with Treasury 13.27 290

Chapter XIV-LOANS AND ADVANCES .

I. General

(i) Sanctions 14.1 292

(ii) Estimates 14.2 292

(iii) Main Classes of Loans


and advances 14.3 292

II. Loans lo Local Bodies etc


(i) Issue of loan money 14.5 297

(ii) Conditions of repayment 14.6 298

(iii) Interest 14.7 299

(iv) Default in payment 14.8 . 300

(v) Irrecoverable Loans and


Advances 14.10 300
(vi) Accounts and Control 14.12 301
[xiv]

Chapter " Subject ' Rules Pages

(vii) Plus and minus memorandum


maintained at tiie Treasury in
connection with Advances to
Muncipalitiesetc. 14.13 303

(viii) Annual Review 14.14 304

(ix) Utilisation of Loans 14.14-A 304

II-A. Loans to public Sector


Undertakings 14.14-B 306

i n . Loans and Advances to


Government Servants

(i) General 14.15 306

(ii) House Building Advance 14.13 300

(iii) Advance for repairs of houses 14.19 324

(iv) Advance for purchase of


Motor Cars 14.20 325

(v) Advance for purchase of


Miotor Cycles 14.22 332

(vi) Festival Advance I4.22-A 333

(vii) Bicycle Advance 14.22-B 335

(viii) Advances to the families of


Government Servants who die
while in service 14.22-C 338

rV. Aid to Agriculturist and rules


relating to grant of aid for Land
Improvement 14.23 340

V. House Building advance to


Silkworm Rearers 14.24 340
[xv]

Chapter Subject Rules Pages

VL Other Advances 14.25 341

vn. Conditions of Repayment ' 14.30 346

VIIL Forms of Drawing and Repaying


of Advances 14.31 346

(2) Clearance of Advance 14.34 347

(3) Exemption of Stamp Duty on


Mortgage Deeds 14.35 347

Chapter XV-BILL REMITTANCES (HUNDIES)

I. Introductory 15.1 350

II. Money Limit 15.4 350

HI. Issue ofHundies by Treasury


Officers 15.5 350

IV. Issue of Duplicate ofHundies 15.8 352

V. Exchange of Hundies 15.11 353

VI. Unpaid Hundies 15.12 354

VII. Lapse ofHundies 15.13 354

Chapter XVI-BUDGET

I. Introductory 16.1 355

II. Appropriation of funds necessary


to make sanction to expenditure
effective. 16.7 356

I II. Communication of Budget Allotments 16.11 357

IV. Indication of source of appropriation


in the sanction to expenditure ' 16.12 357

V. Application for sanction to


expenditure 16.16 358

VL. Incurring of expenditure in


anticipation of funds 16.17 358
M

J
Chapter " Subject ' Rules Pages

VII. Expenditure not provided for 16.18 359

VIII. Incurring of expenditure in excess


of the provisions in the estimates 16.19 359

IX. Inevitable payments and general


rules for Payment against sanctioned
grants 16.20 359

X. Provision for expenditure in respect


of work undertaken by one Depart-
ment on behalf of another 16.25 361

Chapter XVIl-POWERS OF SANCTION

I. Powers of various authorities in the


matter of financial sanctions

(i) Powers of Administrative


Departments 17.1 367

(ii) Powers of subordinate


authorities 17.2 367

II. Powers in regard to certain special


matters

(i) Write off of losses 17.3 367

(ii) Remission of disallowances by


• Audit in writing off overpayments
made to Government Servants 17.4 368

iil. Communication ofsaiWitions 17.5 - 369

IV. Signing of sanctipHS 17-10 372

V. Date of effect of sanctions, 17.11 373

VI. Retrospective sanctions 17.13 373

VII. Lapse of sanctions 17.14 373


[xvii]

Chapter Subject Rules Pages

Chapter XVIIl-MISCELLANEOUS SUBJECTS

(i) General Rules and Principles


- relating to contracts 18.1 376

(ii) Grants ofland, assignments of


Revenue and other concessions etc. 18.2 376

(iii) Destruction of official records


connected with accounts 18.3 376

(iv) Securities from Government officials 18.4 376

(v) Consent and Delegation Orders 18.16 383

(vi) Contingencies, Stores, Fees,


Compensation and Remunera-
tions, etc. 18.17 383

(vii) Write off of losses etc. 18.18 383

(viii) Indent for forms 18.19 384

(be) Jeeps and vehicles 18.20 385

(x) Transfer of Government


assets to autonomous bodies 18.21 385

(xi) Insurance of Government


property 18.22 386

(xii) Rules regulating recovery


of departmental outstandings
from Government servants . 18.23 386

Common questions

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The Financial Code classifies civil deposits into specific categories and outlines strict guidelines for their management to ensure financial accountability. By categorizing deposits, the Code lays a foundation for systematic recording and tracking, which are essential for audits and transparency . Furthermore, procedures are established to verify balances and handle unclaimed deposits, enhancing accountability and reducing the likelihood of financial discrepancies or misuse of funds .

The issuance of an Indemnity Bond for pension payments holds great significance as it acts as a protective measure for the government against any future claims or disputes that may arise. The procedure involves providing a legally binding document that assures the government of indemnity regarding the payments disbursed. This is particularly crucial when there might be uncertainties about the pensioner's legal representative's claims . It ensures that pensions are disbursed promptly and securely while safeguarding government interests .

The maintenance of a Contingent Register is crucial for efficient financial management in government departments. It ensures all contingent expenditures, which are essential but cannot be specifically foreseen, are properly recorded and monitored. This not only aids in budget tracking and reporting but also prevents unauthorized expenditures by enforcing accountability and transparency . Moreover, a well-maintained register aids audits by providing a clear audit trail of financial decisions and outcomes, which is critical for maintaining financial integrity and trust in the management practices .

The procedures for payment of money into the Treasury involve several steps as outlined by the Jammu and Kashmir Financial Code. First, the receipt of money must be recorded, ensuring that all such transactions are documented correctly . Receipts must be issued to payers to acknowledge payment . Furthermore, any money received must be promptly deposited into the Treasury to ensure efficient management of funds . Finally, special attention is given to the custody and management of receipt books, ensuring they are handled securely to prevent any financial discrepancies or misconduct .

Internal checks play a critical role in preventing irregularities and fraud according to the Jammu and Kashmir Financial Code. These checks are designed to independently verify the accuracy of financial transactions, identify potential discrepancies early, and ensure adherence to financial procedures. By implementing a robust system of internal checks, the risk of irregularities, waste, and fraud is significantly reduced, fostering a culture of transparency and accountability within government operations .

According to the Jammu and Kashmir Financial Code, in the event a government servant's whereabouts are unknown, special provisions are made for the payment of his dues. Payments such as pay, leave salary, and pensions may be disbursed through a Bank by furnishing a Bond of Indemnity to provide security and guarantee against any potential claims that could arise later . These measures ensure that obligations to the government servant are met in a lawful and secure manner .

Maintaining a Last Pay Certificate is crucial as it serves as a formal verification of the dues and financial entitlements owed to a government servant at the time of leaving a position. According to the Jammu and Kashmir Financial Code, this certificate ensures proper financial closure and prevents any subsequent discrepancies regarding salary and dues. It also facilitates smoother transitions between roles by providing a clear and certified record of financial transactions, thereby maintaining financial integrity and officer accountability .

The implications of discrepancies discovered during the verification of stores are significant and require immediate attention as laid out by the Financial Code. Discrepancies may indicate mismanagement, possible theft, or loss, which could have serious financial repercussions for the department involved. According to the Code, such discrepancies necessitate a detailed investigation to identify the root cause and adjust records promptly . Additionally, those found responsible may face disciplinary actions to ensure accountability and reinforce preventive controls in inventory management . This process not only ensures fiscal responsibility but also strengthens the integrity of the internal control systems within the governmental setup.

The Jammu and Kashmir Financial Code holds controlling officers responsible for the meticulous oversight of budget usage. It places the onus on these officers to ensure that funds are allocated and utilized appropriately, adhering strictly to sanctioned budget provisions. They are required to verify all expenditure against the budgeted amounts and maintain comprehensive records of financial transactions to facilitate effective monitoring and audits . This responsibility is critical as it ensures financial discipline, minimizes wastage, and facilitates the achievement of financial goals efficiently and effectively .

The Jammu and Kashmir Financial Code clearly states that responsibility for losses sustained through fraud or negligence lies with the individuals directly responsible. These individuals are expected to make good the losses incurred. This measure ensures accountability and discourages negligent behavior when handling government funds . Reporting of such losses to higher authorities and taking corrective measures are crucial steps in dealing with these situations .

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