Kerala Govt. notified regarding ensuring adequate funds for BDS payments in the early part of the Financial Year 2025-26

Mar 21, 2025 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Finance Department, Government of Kerala on March 20, 2025, issued the notification regarding ensuring adequate funds for BDS payments in the early part of the Financial Year 2025-26.

The following has been stated namely: -

• The following instructions are issued for strict adherence by the CCOs/DDOs/CIAs in settling claims of Non-LoC dockets kept under BDS upto March 31, 2025:

o All Drawing and Disbursing Officer/Cheque Issuing Authority of respective Departments/Institutions shall check whether there is fund shortage for settling the pending Non-LoC dockets which are in BDS.

o If shortage of fund is noticed in their respective accounts for the beginning of Financial Year 2025-26, the DDO/CIA shall move proposal to the SCO/DDO from whom they received funds in 2025-26 to process bills/cheques in respect of the Non-LoC dockets which have been kept under BDS.

o Upon receiving the fund request from the SCO/DDO, the CCO shall allocate necessary funds from the budget allocation under the heads of account for 2025-26 and report the details to their Administrative Department.

o If there is paucity of funds due to insufficient budget allocation or ceiling limit, the CCO shall move a proposal to the Finance Department through their Administrative Department for allocation of additional funds/ceiling enhancement for settling claims of Non-LoC dockets under BDS.

o The CCO/SCO/DDO/CIA shall not utilise the funds at their disposal in 2025-26 for settling other claims before settling or setting apart funds for all pending claims of Non-LoC dockets under BDS in the Financial Year 2024-25.

[Notification No. 24/2025/Fin]


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