MINISTRY OF FINANCE

Notification of Lokpal (Finance and Account) Rules 2020

By TEAM CIRCULAR EXPRESS • 23 Dec 2020
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The Ministry of Personnel, Public Grievances and Pensions has notified the Lokpal (Finance and Account) Rules, 2020. These rules establish the procedures for the preparation, formulation, and submission of the Lokpal's budget and annual financial statements. The Lokpal is required to adhere to the General Financial Rules, 2017, and other relevant government accounting standards. The rules mandate compliance with guidelines issued by the Ministry of Finance regarding budget estimates. These regulations came into force upon their publication in the Official Gazette on December 23, 2020.
City
New Delhi
State
Delhi
purpose of issuance
To establish the financial and accounting rules for the Lokpal, including budget preparation and maintenance of accounts.
Most Important Details
The rules mandate that the Lokpal must follow the General Financial Rules, 2017, Government Accounting Rules, 1990, and other specified financial manuals for its budgetary and accounting processes.

Regards, Circular Express

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