Strict Deadlines Set For Treasury Work in Jammu Kashmir’s Financial Year-End Rush | Kashmir Life

SRINAGAR: The Jammu and Kashmir Finance Department has tightened norms for treasury operations in the final week of March, issuing strict timelines and accountability measures to ensure smooth closure of the financial year 2025-26.

In a circular issued today, all Drawing and Disbursing Officers (DDOs) have been directed to adhere to the notified last date for submission of bills and ensure that proposals are complete in all respects, warning that any rejection due to errors or incomplete details will be the sole responsibility of the concerned officers.

The department has fixed 4:00 PM as the deadline for submission of hard copies of bills at treasuries on closing dates, while Treasury Officers have been asked to submit liability reports to their respective Directorates by 5:00 PM, which will then be consolidated and forwarded to the Directorate General, Accounts and Treasuries by 6:00 PM.