Saturday, 20 August 2016

Payment to Government servants other than salary etc. through e-Payment

Payment to Government servants other than salary etc. through e-Payment

F. No. 1(1)/2011/TA/365
Ministry of Finance
Department, of Expenditure
Controller General of Accounts
Lokaayak Bhawan, Khan Market
New Delhi-110511
Date: 01-08-2016
OFFICE MEMORANDUM

Subject: Payment to Government servants other than salary etc. through e-Payment

A reference is invited to this office O.M. No. 1(1)/2011/TA/ 292 dated 31st March 2012' regarding payment to Government servants other than salary etc. through e-Payment from 1st April 2012. Since advancements in payment and banking technology have enabled a large number of transactions to be handled smoothly through the e-payment mode, the existing limit of Rs. 25,000 / - prescribed in paragraph 2 of this office. O.M. dated 31st March 2012 has been further reviewed. It has now been decided to lower the threshold limit to Rs. 10,000 /- in order to bring more payments. under the purview of direct credit by electronic transfer to the bank account of the payee.

2. All Ministries/ Departments of the Government of India are required with immediate effect to discharge all payments to Government servants, other than salary, above Rs.10,000/- (Rupees Ten thousand only) by issue of payment advices, including electronically signed payment advices.

3. In so far as payment of salary is concerned, employees may continue to have the option of drawing salary by cash, cheque or electronic payment mode irrespective of the amount involved.

4. . This issues with the approval of the Finance Minister.
(Soma Roy Burman)
Joint Controller General of Accounts
Source: www.cga.nic.in

Flash News

7th Pay Commission: Employees unions to meet today on minimum pay hike

7th Pay Commission: Employees unions to meet today on minimum pay hike Central government employees unions leaders will meet to...