Introduction to Indian Government Accounts and Audit

Personnel The personnel of a non Bank Treasury consists of (1) the Collector of Deputy Commissioner of the District; (2) the Treasury Officer, generally a Deputy Collector; (3) the Treasurer; and (4) the Accountant. As cash business of a Bank Treasury is conducted by the Reserve Bank, there is no Treasurer in Bank Treasuries. The … Continue reading Introduction to Indian Government Accounts and Audit

Protected: Direct receipt , Indirect Receipt and Imprest

Direct Payment or Direct Receipt – is when a payment is received or made directly via cash or cheque. The cash that's received will ultimately be deposited into the bank account as the cheque that's received.  It works the same way. The cash that’s been spent will often have to be taken from the bank account … Continue reading Protected: Direct receipt , Indirect Receipt and Imprest

Protected: Difference between HOD and Head of Office

" head of the department" for the purpose of exercising the powers as appointing, disciplinary, appellate or reviewing authority, means the authority declared to be the head of the department under the Fundamental and Supplementary Rules or the Civil Service Regulations, as the case may be "head of the office" for the purpose of exercising … Continue reading Protected: Difference between HOD and Head of Office

Protected: Administrative and technical sanction

Administrative approval: For every work, it is necessary to obtain, in the first instances the concurrence of the competent authority of the administrative department requiring the work. The formal acceptance of the proposals by the authority is termed as Administrative Approval of the work. It is duty of the engineering department (say for example) requiring … Continue reading Protected: Administrative and technical sanction