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Employees' Provident Fund Organisation
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(Ministry of Labour & Employment. Govt. Of Indio)
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Bhovlshyo Nidhl Bhowon.14-Bhikoiji Como Place. New Delhi-110066
FAX: 011-26173022, Tel No. 011-26172685, Mail ID:- rda@cpfindia.gov.in
Circular
Date:
.03.2018
No. Budget/2017-18/2018-19 /Mai~
4
To
The Additional CPFC of the Zones/
RPFC- I/RPFC-11
2 1 MAR 2 B
In-Charge of the Regional Office/ ·
Director (PDUNASS)/
ACC (ASD), Head Office
Sub: Rush of expenditure in the closingmonth of financial year 2017-18.
Ref:
Ministry Of Finance O.M. No. 23(2)/E.coord/2018 dated 07.03.2018.
Madam/Sir,
Reference is invited to the subject cited above.
2.
In this connection, Ministry of Finance has directed vide their O.M. dated 07.03.2018
referred above (copy enclosed) to all Ministries / Departments of Government of India to
follow the instruction regarding expenditure in the closing month of financial year 2017-18.
3.
Every office will ensure to follow the above instructions.
This issues with the approval of competent authority.
Encl: as above.
•
Yours faithfully,
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(UDITA CHOWDHARY)
Additional C.P.F.C.(F&A)
No.23(2)/E.Coord/2018
Government of India
Ministry of Finance
Department of Expenditure
North ·Block, New Delhi
Office Memorandum · ·
MOST IMMEDIATe,
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North Block, New Delhi
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Dated: 71t1 March 2018
Subject: - Rush of expenditure in the closing month of Financial year 2017-18
According to Rule 62 (3) of General Financial Rules, 2017, rush of expenditure
particularly in the closing months of financial year, shall be regarded as a breach of
financial propriety and shall be avoided. It is further mentioned that Finance Ministry
has already sensitized all administr~tive heads that rush of expenditure in the year
end must be strictly avoided. As per extant guidelines, the last quarter expenditure
must be limited to actual procurement of goods and services and reimbursement of
expenditure already occurred. Ministry of Finance's instructions restrict last quarter
expenditure to 33% ceiling and last month (March) expenditure to 15% ceiling.
2.
In view of above, the process of obtaining financial concurrence of Ministry of
Finance and IFDs of the respective Ministries/ Departments must, therefore, be
completed by 9th March 2018 and regular Sanctions and Bills must be preferred on
PFMS Portal by 15th March.The sanctions, bills pertaining to the last Supplementary
Demands for Grants only or any exceptional cases with the approval of Financial
Adviser of the Ministry/ Department may be processed thereafter.
3.
It is requested that necessary instructions in this regard may please be issued
to all Heads of Departments and Head-offices/sections of main Ministries/
Departments so that there is no breach of financial propriety.
To:
1. All Secretaries to the Government of India
2. All Financial Advisers of Ministries/ Departments .
•
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(H. Atheli)
Director
Tele: 011 -23092604
