Excelsior Correspondent
JAMMU, Sept 20: The Finance Department of Jammu and Kashmir Government today asked all Administrative Departments, Head of Departments, Budget Controlling Officers and Drawing and Disbursing Officers to start budget preparation exercise for the financial year 2024-25 at the earliest.
An order to this effect was issued today by Principal Secretary to Government, Finance Department, Santosh D Vaidya.
The Administrative Departments shall further carry out due scrutiny of estimates and forward their recommendations to the Finance Department not later than October 10. And to achieve this target date, the budget preparation at the DDO and HoD level shall be completed by September 30 and October 5 respectively, the Finance Department order read.
It added that the budget preparation forms for both Revenue budget and Capital budget will be made available to all the Field Offices as well as the Administrative Departments online through Budget Estimation, Allocation and Management System (BEAMS) only.
The Departments can have technical assistance from the NIC and Resource Persons available in each District Treasury.
The Finance Department has requested all the Administrative Secretaries to send budget proposals in respect of each Head of Department to it by the notified date.
“The calendar for discussion of budget proposals of the departments shall be issued separately,” it said.
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