The Ministry of Finance has issued an Office Memorandum amending Rule 310 of the General Financial Rules (GFR), 2017, concerning the transfer and alienation of Central Government land. The amendment introduces new guidelines, specifically Appendices 7A and 7B, to govern these transactions. These rules establish a framework for land transfers between the Central Government, State Governments, CPSEs, and other entities. The document outlines valuation methods, including market value and guideline value, and specifies the approving authorities for different types of transfers. It also clarifies the treatment of buildings and superstructures on such land.

The Ministry of Finance has issued an Office Memorandum amending Rule 310 of the General Financial Rules (GFR), 2017, concerning the transfer and alienation of Central Government land. The amendment introduces new guidelines, specifically Appendices 7A and 7B, to govern these transactions. These rules establish a framework for land transfers between the Central Government, State Governments, CPSEs, and other entities. The document outlines valuation methods, including market value and guideline value, and specifies the approving authorities for different types of transfers. It also clarifies the treatment of buildings and superstructures on such land.