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J&K Govt Regulates Treasury Operations for Last Week of March 2025

Date:

FIRDOUS AHMAD

SRINAGAR, Mar 24: The Jammu and Kashmir Government, through the Finance Department, has issued guidelines to regulate treasury operations during the last week of March 2025. As per a Government Order No. 100-F of 2025, dated March 24, 2025, the department has outlined a series of measures to ensure smooth handling of financial transactions as the financial year draws to a close.

According to the order, a copy of which is in possession of Kashmir Despatch, the last day for the receipt of bills at treasuries has been set for Thursday, March 27, 2025, up to 4:00 PM. Treasury Officers have been directed to communicate the consolidated liability details positively by 5:30 PM on the same day.

In an exception to usual practice, all treasuries, including the Civil Secretariat Treasury and the Sub Treasury in New Delhi, will remain functional on Saturday, March 29, 2025. To further facilitate the completion of financial processes, the treasuries will also remain open on Sunday, March 30, 2025, and Monday, March 31, 2025, but only for the receipt of cash and remittances.

The order also states that bills and claims presented in March 2025 may be subjected to a Special Audit, if deemed necessary.

These measures have been put in place to ensure the smooth conclusion of the financial year and to avoid any delays in processing government payments.

The order, issued under the authority of Santosh D Vaidya, IAS, Principal Secretary to the Government, Finance Department, underscores the government’s commitment to ensuring transparency and efficiency in financial management.

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