https://www.taxtmi.com/news?id=28283 The Department of Expenditure expanded PFMS enabled Direct Benefit Transfer coverage and operational tools, integrated 117 external systems, and reduced credit failures; fixed the states' net borrowing ceiling at 3% of GSDP with an additional 0.5% GSDP borrowing window for power sector performance; enacted procurement reforms reducing performance security to 5%, raising monetary thresholds and issuing a revised Goods Procurement Manual; introduced Delegation of Financial Powers Rules, 2024; and approved the Unified Pension Scheme to commence 1 April 2025 with assured pension, family pension, minimum pension and inflation indexing. en-us Fri, 27 Dec 2024 18:21:54 +0530 Fri, 27 Dec 2024 18:21:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=28283 The Department of Expenditure expanded PFMS enabled Direct Benefit Transfer coverage and operational tools, integrated 117 external systems, and reduced credit failures; fixed the states' net borrowing ceiling at 3% of GSDP with an additional 0.5% GSDP borrowing window for power sector performance; enacted procurement reforms reducing performance security to 5%, raising monetary thresholds and issuing a revised Goods Procurement Manual; introduced Delegation of Financial Powers Rules, 2024; and approved the Unified Pension Scheme to commence 1 April 2025 with assured pension, family pension, minimum pension and inflation indexing. News - Fri, 27 Dec 2024 18:21:54 +0530 https://www.taxtmi.com/news?id=28283