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		<title>Revised guidelines on financial Limits to be observed in determining cases relating to New Service (NS) / New Instrument of Service (NIS) &#8211; Amendment to Annexure-I of Appendix-3 of General Financial Rules 2017</title>
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					<description><![CDATA[<p>General Financial Rules 2017 No. 01(14)/2016-E.JI(A) (Vol III)Government of IndiaMinistry of FinanceDepartment of Expenditure North Block, New DelhiDated 01st April, 2024 OFFICE MEMORANDUM Subject: Revised guidelines on financial Limits to be observed in determining cases relating to New Service (NS) / New Instrument of Service (NIS) &#8211; Amendment to Annexure-I of Appendix-3 of General Financial [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/revised-guidelines-on-financial-limits-to-be-observed-in-determining-cases-relating-to-new-service-ns-new-instrument-of-service-nis-amendment-to-annexure-i-of-appendix-3-of-general-financial-r/">Revised guidelines on financial Limits to be observed in determining cases relating to New Service (NS) / New Instrument of Service (NIS) &#8211; Amendment to Annexure-I of Appendix-3 of General Financial Rules 2017</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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<p class="has-text-align-center"><strong>General Financial Rules 2017</strong></p>


<div class="wp-block-image">
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<p class="has-text-align-center">No. 01(14)/2016-E.JI(A) (Vol III)<br />Government of India<br />Ministry of Finance<br />Department of Expenditure</p>



<p class="has-text-align-right">North Block, New Delhi<br />Dated 01st April, 2024</p>



<p class="has-text-align-center">OFFICE MEMORANDUM</p>



<p>Subject: <strong>Revised guidelines on financial Limits to be observed in determining cases relating to New Service (NS) / New Instrument of Service (NIS) &#8211; Amendment to Annexure-I of Appendix-3 of General Financial Rules 2017.</strong></p>



<p>Attention is invited towards Annexure-I of Apendix-3 of General Financial Rules (GFR) 2017 regarding financial limit to be observed in determining cases relating to New Service/New Instrument of Service (NS/NIS) [Rule 63 of GFRs 2017).</p>



<ol class="wp-block-list" start="2">
<li>In this regard, it Is stated that Budget Division of Department of Economic Affairs vide their O.M. No. F.1(22)-B(AC)/2022 dated 23rd February, 2024 issued revised financial limits relating to NS/NIS and guidelines in supersession of their O.M. No. F.1(23)/B(AC)/2005 dated 25th May, 2006 so as to ensure uniformity, consistency, administrative efficiency and financial discipline by the Ministries/Departments.</li>



<li>Accordingly, it has been decided to amend the Annexure 1 to Appendix-3 of GFRs 2017 by replacing the O.M. dated 25th May 2006 with O.M. dated 23rd February, 2024 issued by Budget Division of Department of Economic Affairs as mentioned in the para above. A copy of the Budget Division of Department of Economic Affairs O.M. dated 23 February, 2024 is attached herewith.</li>



<li>This issues with the approval of Competent Authority.</li>
</ol>



<p class="has-text-align-right">(Chandra Prakash Kushwaha)</p>



<p class="has-text-align-right">Under Secretary to the Government of India</p>



<p>To</p>



<p>All Ministries/ Departments of the Government of India,<br />Financial Advisers of al] Ministries/Departments of Government of India</p>
<p>The post <a href="https://centralgovernmentnews.com/revised-guidelines-on-financial-limits-to-be-observed-in-determining-cases-relating-to-new-service-ns-new-instrument-of-service-nis-amendment-to-annexure-i-of-appendix-3-of-general-financial-r/">Revised guidelines on financial Limits to be observed in determining cases relating to New Service (NS) / New Instrument of Service (NIS) &#8211; Amendment to Annexure-I of Appendix-3 of General Financial Rules 2017</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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