04 | 07 | 2009
LSGIs - Permission to carry forward the unspent balances as on 31/03/2009

NEW... In G.O (P) No.249/2009/Fin dated 01/07/2009 Government have ordered that Local Self Government Institutions will be permitted to carry forward the unspent balances as on 31/03/2009, subject to a maximum of 35% of the allocation of Funds for Expansion & Development as per Appendix IV to the Detailed Budget Estimates 2008-09, for utilisation during the succeeding financial year. The additional funds, which are allowed to carry over due to the enhancement of ceiling from 20% to 35% of the allocation for 2008-09 will be utilized exclusively to meet the commitment on Housing Schemes and not for any other purpose, before 31/03/2010.

The amount equal to shortfall in expenditure exceeding 35% of the allocation under Funds for Expansion & Development as per Appendix IV to the Detailed Budget Estimates for 2008-09 will be deducted from the allocations for the same items for the financial year 2010-11.

20% ceiling will however continue to be applicable in the case of carry over of unspent balances as on 31/03/2009, under funds for Maintenance (Road and Non-Road Assets).

The sanction to carry forward unspent balances up to 35% of the allocation will be applicable for the unspent balances under Fund for Expansion & Development in respect of the financial year 2008-09 alone. The limit for such carry over of unspent balances for the succeeding financial years (i.e from 2009-10) will be 20% only as ordered in G.O (P) No.603/2007/Fin dated 22/12/2007.

Downloads:

 
Fixation of PF Interest Rate for 2008-2009 fy

NEW...In G.O (Ms) No.219/2009/Fin dated 06/06/2009, Government have ordered that the rate of interest allowed per annum will be 8% on all deposits and balances at the credit of subscribers on the following Provident Funds during the Financial Year 2008-2009.

  1. The General Provident Fund (Kerala).
  2. The Contributory Provident Fund (Madras).
  3. The Contributory Provident Fund for the Non-Pensionable Work charged Establishment of the Public Works Department.
  4. The Contributory Provident Fund of Forest Department.
  5. The Contributory Provident Fund of the Public Health Engineering Department.
  6. The Kerala Aided School Employees Provident Fund.
  7. The Kerala NMR Pensionable Workers Provident Fund.
  8. The Travancore Licensed Teachers Provident Fund.
  9. The Cochin Aided School Teachers Provident Fund.
  10. The Aided Secondary School Teachers Provident Fund.
  11. The Kerala Panchayath Employees Provident Fund.
  12. The Kerala Private Engineering Colleges and Polytechnic Provident Fund.
  13. The Public Works Department Engineering Workshop (Pensionable) Workers General Provident Fund.
  14. The Kerala Private College Teachers Provident Fund.
  15. The Kerala Private College Non-teaching Staff’s Provident Fund.
  16. The Kerala Ayurvedic Studies and Research Society Employee’s Provident Fund.
  17. The Vaidyaratnam Ayurveda College Employees Provident Fund.
  18. Kerala Part-time Contingent Employees Provident Fund.

Please download G.O (Ms) No.219/2009/Fin dated 06/06/2009 for complete details...

 
Sale of Kerala State Govt. Stock (securities) for Rs.600 Cr
In Notification No.36335/SS1/2009/Fin dated 17/06/2009 , Government of Kerala has notified the sale of Kerala State Government Stock (securities) of 10-year tenure for an aggregate amount of Rs.600 crore (Nominal).  The sale will be subject to the terms and conditions spelt out in this notification (called Specific Notification) as also the terms and conditions specified in the revised General Notification No. 18596/SS1/07/Fin. dated 20th July 2007 of Government of Kerala.

PROVISIONAL PROMOTION AND TRANSFERS OF FINANCE OFFICERS AND FINANCIAL ASSISTANTS 

NEW... In G.O (Rt) No.4477/2009/Fin dated 27/06/2009 Government have ordered the transfers and provisional promotion of Financial Assistants, Finance Officers and Senior Finance Officers in the Kerala General Service with immediate effect.

For details please download G.O (Rt) No.4477/2009/Fin dated 27/06/2009 from here...

 

 NOTICE

As per Notice No.37079/Acc.B1/09/Fin dated 19/06/2009 it has been informed that acknowledgements for receipt will be issued within three days to Individuals and Institutions who submit applications/representations directly in the Tappal Section of the Finance Department.  Those who require acknowledgement for receipt of applications/representations etc in Finance Department may contact the Office Superintendent, Thappal Section, Finance Department.

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