Latest Finance Department News & Updates

Thiruvananthapuram, July 27 (IANS) With Kerala’s finances continuing to remain under strain, the Finance Department has directed all government departments to strictly rein in expenditure while preparing Budget Estimates for the next financial year, underscoring that the State’s fiscal position has shown little sign of improvement despite a change in government.In a circular issued as part of the Budget preparation process, departments have been instructed not to increase expenditure and ensure …

Kolkata, July 26 (IANS) The West Bengal government is set to bring a major change in the attendance system of government employees, a government official said on Sunday. From now onwards, there is no need to install any separate biometric hardware machine in the office of respective departments.Under the new rules, employees will be able to give attendance directly from the office premises using their mobile phones. As a result, not only will the government save a huge amount of money, but the a…

Kolkata, July 22 (IANS) Going by the promise made in the Bharatiya Janata Party (BJP)’s Sankalp Patra (election manifesto) for the recently concluded West Bengal assembly polls, the West Bengal government on Wednesday issued the notification for the creation of the 7th Pay Commission for state government employees. As per the notification issued by the state Finance Department, a copy of which is available with IANS, the 7th Pay Commission will examine and recommend changes desirable and feasi…

Bhopal, July 21 (IANS) On the second day of the Madhya Pradesh Assembly’s monsoon session, the Congress party staged a protest against the state government. Congress MLAs arrived at the Assembly complex carrying a “symbolic corpse” and accused the government of ignoring pressing public issues while prioritising controversial agendas.Tuesday marks the second day of the monsoon session, during which eight bills, including the much-debated Uniform Civil Code (UCC), are being discussed.The UCC B…

Bhopal, July 17 (IANS) Madhya Pradesh government has launched a sweeping austerity drive across government departments and state‑run institutions, imposing restrictions on non‑essential expenditure, including foreign travel, VIP hospitality, costly official events and new consultancy contracts, as part of efforts to strengthen fiscal discipline ahead of the 2026‑27 and 2027‑28 financial years. The Finance Department has issued detailed guidelines making the measures mandatory for all gov…

Chennai, July 16 (IANS) The Tamil Nadu Cabinet, chaired by Chief Minister C. Joseph Vijay will meet on Thursday to approve the State Budget for 2026-27, clearing the way for its presentation in the Legislative Assembly during the first week of August. The meeting, scheduled at the Secretariat, is expected to finalise the government’s first full-fledged Budget since the TVK-led administration assumed office earlier this year. The Budget is expected to reflect the new government’s governance p…

Aizawl, July 15 (IANS) Mizoram Chief Minister Lalduhoma on Wednesday appealed to individuals receiving family pensions from the state government through fraudulent or invalid documents to voluntarily surrender their Pension Payment Orders (PPOs) during the designated voluntary surrender window, warning that strict legal action would follow against those found guilty after verification. The Finance Department of the Mizoram government on Wednesday launched the statewide kick-off programme on “Sen…

Kolkata, July 15 (IANS) In a move aimed at strengthening transparency and financial discipline in government functioning, the West Bengal government has directed all departments and public bodies to stop repeatedly extending contracts awarded to the same agencies and instead invite fresh tenders before existing contracts expire.A government statement said on Wednesday that extending the term of the same agency repeatedly after the expiry of the contract will not be allowed anymore.According to t…

Thiruvananthapuram, July 13 (IANS) Kerala’s much-publicised ‘Break the Chain’ Covid-19 campaign has come under fresh scrutiny after a Finance Department inspection reportedly uncovered serious procedural and financial irregularities in the implementation of the programme and recommended departmental disciplinary proceedings against former Social Security Mission Executive Director Dr Mohammed Asheel.According to the inspection report, the Rs 4.89-crore campaign was executed without adhering to m…

Chandigarh, July 12 (IANS) State President of Bharatiya Janata Party (BJP) in Punjab, Kewal Singh Dhillon, on Sunday said that the Bhagwant Mann-led Aam Aadmi Party government has pushed the state into a deep financial crisis through continuous borrowing, saying the government’s policies have transformed the dream of “prosperous Punjab” into a “kangal (bankrupt) Punjab”. Dhillon said the state government’s latest Finance Department notification dated July 10 is to raise another Rs 1,…