General Financial Rules 2017
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Rule 1 – Short Title and Commencement
Introduction
These rules may be called General Financial Rules, 2017 and they shall come into force at once and shall be applicable to all Central Government Ministries/Departments, attached and subordinate bodies…
Rule 2 – Definition
Introduction
Where a doubt arises as to the interpretation of any of the provisions of these Rules, the matter shall be referred to the Ministry of Finance for decision. (i) “Accounts Officer” means the Head of an…
Rule 3 – Interdepartmental consultations
Introduction
Where a doubt arises as to the interpretation of any of the provisions of these Rules, the matter shall be referred to the Ministry of Finance for decision.
Rule 4 – Departmental Regulations of financial character
Introduction
All Departmental regulations, in so far as they embody orders or instructions of a financial character or have important financial bearing, must invariably be made by, or with the approval of the Mini…
Rule 5 – Removal of Doubts
Introduction
Where a doubt arises as to the interpretation of any of the provisions of these Rules, the matter shall be referred to the Ministry of Finance for decision.
Rule 6 – Modifications
Introduction
(i) The systems and procedures established by these Rules are subject to general or special instructions/ orders, which the Ministry of Finance may issue from time to time. (ii) The systems and proced…
Rule 7 – Remittance without delay
General System of Financial Management
All moneys received by or on behalf of the Government either as dues of Government or for deposit, remittance or otherwise, shall be brought into Government Account without delay, in accordance with s…
Rule 8 – Deposition in Public Account
General System of Financial Management
1 (i) Under Article 284 of the Constitution all moneys received by or deposited with any officer employed in connection with the affairs of the Union in his capacity as such, other than revenues or pu…
Rule 9 – Duty of Departments
General System of Financial Management
It is the duty of the Department of the Central Government concerned to ensure that the receipts and dues of the Government are correctly and promptly assessed, collected and duly credited to the Cons…
Rule 10 – Monthly Account Reconciliation
General System of Financial Management
The Controlling Officer shall arrange to obtain from his subordinate officers monthly accounts and returns in suitable form claiming credit for the amounts paid into the treasury or bank as the case m…
