Wednesday, April 11, 2012

Payment to Government servants other than salary etc. through e- Payment from 1st April 2012

F. No.1(1)/2011/TA/292
Ministry of Finance
Department of Expenditure
Controller General of Accounts

Dated 31st March, 2012

Office Memorandum

Sub:- Payment to Government servants other than salary etc. through e- Payment from 1st April 2012

The Central Government Account (Receipts and Payments) Rules,1983 have been amended, inter alia, to provide for issue of Payment advices to the bank for direct credit by electronic transfer to the specified bank account of the payee. As per the amendments, the Government servants are, permitted to receive their salary by direct credit to their bank accounts through payment advices, at their option Further, the amendment also provides that all payments to government servants other than salaries exceeding the limits as specified from time to time, shall be through payment advices.

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Posted by Nandhi at 4/11/2012 10:23:00 AM 0 comments
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