Srinagar, Mar 19 (NVI): The Finance Department of the Jammu and Kashmir government has issued detailed guidelines regulating treasury operations during the closing days of the financial year 2025–26, directing strict adherence by Drawing and Disbursing Officers (DDOs) and Treasury Officers.
According to an official circular, the last date for submission of bills by DDOs at treasuries has already been notified through Government Order No. 106-F of 2026 dated March 18, and must be followed without exception.
The department has instructed DDOs to ensure that all prescribed codal formalities are completed before submitting bills, making it clear that any rejection due to incomplete or incorrect documentation will be the sole responsibility of the concerned officers.
It said hard copies of bills, complete in all respects, must be submitted to the respective treasuries by or before 4:00 PM on the notified closing dates.
Treasury Officers have been directed to submit liabilities to their respective directorates by 5:00 PM, which must then be forwarded to the Directorate General of Accounts and Treasuries by 6:00 PM.
“All bills presented shall be subject to special audit,” the circular said.
For final payments, the department said all authorised transactions should be processed in a time-bound manner up to 10:00 PM under special arrangements with the Reserve Bank of India (RBI), ensuring prompt communication of any rejection or return notifications to the concerned DDOs and the National Informatics Centre (NIC).
The circular further directed that Provincial Directors and Treasury Officers must remain present in their offices on March 31, 2026, until confirmation of successful transaction acknowledgements and debit notifications is received from the RBI, it added.(NVI)
