Government to Make Payments Directly to the Bank Account of Payees; Measure to Enhance Transparency and Accountability in Public Dealings of the Central Government and also Usher Green Banking.

Government to Make Payments Directly to the Bank Account of Payees; Measure to Enhance Transparency and Accountability in Public Dealings of the Central Government and also Usher Green Banking. https://www.taxtmi.com/news?id=3082 The Government requires direct credit of specified disbursements to beneficiaries' bank accounts: payments above the prescribed threshold to suppliers, contractors, grantees and loanee institutions must be electronically credited; government servants may opt for salary by cash or cheque but non-salary payments above the threshold and all retirement/terminal benefit settlements must be credited directly. Implementation is to occur via a CGA-established e-payment gateway used by Pay & Accounts Officers and progressively by defence accounts. en-us Tue, 10 Apr 2012 18:44:14 +0530 Tue, 10 Apr 2012 18:44:14 +0530 TaxTMI RSS Generator Government to Make Payments Directly to the Bank Account of Payees; Measure to Enhance Transparency and Accountability in Public Dealings of the Central Government and also Usher Green Banking. https://www.taxtmi.com/news?id=3082 The Government requires direct credit of specified disbursements to beneficiaries' bank accounts: payments above the prescribed threshold to suppliers, contractors, grantees and loanee institutions must be electronically credited; government servants may opt for salary by cash or cheque but non-salary payments above the threshold and all retirement/terminal benefit settlements must be credited directly. Implementation is to occur via a CGA-established e-payment gateway used by Pay & Accounts Officers and progressively by defence accounts. News - Tue, 10 Apr 2012 18:44:14 +0530 https://www.taxtmi.com/news?id=3082