<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>J&amp;K govt to review transfer of planning functions to finance department: CM Omar Abdullah</title>
    <link>https://www.taxtmi.com/news?id=38418</link>
    <description>The administration is reviewing the transfer of planning functions to the finance department and will implement changes if needed. The finance department, following business rules and statutory norms, handles fund allocation for revenue and capital expenditure and has overseen the Capex budget since 2019-20. Authorities acknowledged intermittent delays in GPF disbursements when treasury liquidity is tight but report active efforts to expedite payments. IT systems-BEAMS, PROOF, treasury net, EMPOWERMENT and the Janbhagidari portal-are used for real-time fund allocation, tracking and public monitoring of project implementation.</description>
    <language>en-us</language>
    <pubDate>Mon, 24 Mar 2025 22:01:03 +0530</pubDate>
    <lastBuildDate>Mon, 24 Mar 2025 22:01:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=808787" rel="self" type="application/rss+xml"/>
    <item>
      <title>J&amp;K govt to review transfer of planning functions to finance department: CM Omar Abdullah</title>
      <link>https://www.taxtmi.com/news?id=38418</link>
      <description>The administration is reviewing the transfer of planning functions to the finance department and will implement changes if needed. The finance department, following business rules and statutory norms, handles fund allocation for revenue and capital expenditure and has overseen the Capex budget since 2019-20. Authorities acknowledged intermittent delays in GPF disbursements when treasury liquidity is tight but report active efforts to expedite payments. IT systems-BEAMS, PROOF, treasury net, EMPOWERMENT and the Janbhagidari portal-are used for real-time fund allocation, tracking and public monitoring of project implementation.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 24 Mar 2025 22:01:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=38418</guid>
    </item>
  </channel>
</rss>