OBSERVANCE OF FINANCIAL DISCIPLINE DURING THE MONTH OF JUNE 2022

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A notification has been issued on 8 June 2022 in connection with Observance of Financial Discipline in the Province Especially during the month of June 2022 by the Finance Department Govt. of Punjab. Further detail of said notification in same is as under;

OBSERVANCE OF FINANCIAL DISCIPLINE IN THE PROVINCE ESPECIALLY DURING THE MONTH OF JUNE 2022

I am directed to refer to the subject cited above to draw your attention to the provision of para 13.1 of the Punjab Budget Manual, read with rules 2.145 and 18.15 (aa) of Punjab Financial Rules Volume-I and policy guidelines issued from time to time, reiterated annually inter alia ensuring financial discipline during the financial year 2021-22 In the province and also to ensure that the validly accrued liabilities against the government are discharged well before the close of the financial year.
2 I am further directed to state that considering the difficulties experienced by various departments In the past, adjusted time frame for submission of bills/claims cheques been prescribed as under; etc, to the Account Offices (including Treasury Office) has e Budget Execution. i) All administrative departments shall ensure that the budgetary allocation placed at their disposal are promptly released to the DD0 executing agencies and expended uniformly during the financial year. In this regard, the onus of delay, if any, will be on Administrative Department. Mijas provided in para 14.15 of the Punjab Budget manual, the Administrative Department DDICIer once the Second Statements of Excess & Surrenders stands communicated, are precluded either to offer more surrenders or to utilize the funds earlier offered for surrenders, therefore, the Administrative Departments should keep a close eye on such Incidents.

Notification

OBSERVANCE OF FINANCIAL DISCIPLINE IN THE PROVINCE ESPECIALLY DURING THE MONTH OF JUNE 2022
OBSERVANCE OF FINANCIAL DISCIPLINE IN THE PROVINCE ESPECIALLY DURING THE MONTH OF JUNE 2022
OBSERVANCE OF FINANCIAL DISCIPLINE IN THE PROVINCE ESPECIALLY DURING THE MONTH OF JUNE 2022

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