Author: arshad

Cash Payment of Rs 100,000 and above by DDOs Rule 4.49(a) -AG 10.08.2021

Cash Payment of Rs 100,000 and above by DDOs Rule 4.49(a) -AG 10.08.2021 In a recent communication dated August 10, 2021, the Accountant General Punjab has underscored the significance of adhering to Rule 4.49(a) of the Subsidiary Treasury Rules, which governs cash payments of Rs. 100,000 and above. This rule is crucial in maintaining financial integrity and transparency in the government’s expenditure processes. Here’s a comprehensive look at this rule, its implications, and how to ensure compliance for transparent and effective financial management. What Does Rule 4.49(a) State? Rule 4.49(a) stipulates that cash payments of Rs. 100,000 or more to…

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Verification of Payroll by the DDOs -AG 03.10.2021

Verification of Payroll by the DDOs -AG 03.10.2021 In light of the importance of maintaining stringent internal controls, the Accountant General’s office has issued clear and updated instructions on the verification of payroll. This guide elaborates on the essential duties and procedures that Drawing and Disbursing Officers (DDOs) must follow, as detailed in the recent office order dated October 3, 2021. The aim of this directive is to strengthen internal controls, prevent fraudulent payments, and ensure the accuracy of payroll records. Overview of the Office Order The Office Order No. TM-1/239 issued on October 3, 2021, serves as a reinforcement…

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