Chapter 1 – DEFINITIONS

10 Jun

 

Page No. Article No. Specific Reference Existing Clause Proposed Clause Remarks of KVS HQ
1. 1. In this part of the Code, the following terms have the significance shown against each, except where it is stated to be contrary or is repugnant to the context: In this part of the Code, the following terms have the significance shown against each, except where it is stated to be contrary or is repugnant to the context:
(i) Audit Authority means the Comptroller & Auditor General of India and/or his nominees viz. Director General of Audit, Central Revenues and State Accountants General, etc. Audit Authority means the Comptroller & Auditor General of India and/or his nominees viz. Director General of Audit, Central Revenues/Expenditure and State Accountants General (Audit), etc.
(ii) Bank means the State Bank of India or one of its subsidiaries, Canara Bank or any other nationalized bank, the Post Office savings bank or any other bank with which funds of the school are specifically authorized to be kept. Bank means the State bank of India or any other scheduled bank of Indian origin with which funds of the school are specifically authorized to be kept.
(iii) Cadre means the strength of a service or a part of a service sanctioned as a separate unit. For example, P.G.Ts., T.G.Ts. Cadre means the strength of a service or a part of a service sanctioned as a separate unit. For example, P.G.Ts., T.G.Ts.
etc.
(iv) Compensatory Allowance means an allowance granted to meet personal expenditure necessitated by the special circumstances in which duty is performed. It includes Travelling Allowances, Transport Allowance, House Rent Allowance, Compensatory City Allowance, etc. Compensatory Allowance means an allowance granted to meet personal expenditure necessitated by the special circumstances in which duty is performed. It includes Travelling Allowances, Transport Allowance, House Rent Allowance, etc.
(v) Competent Authority means the authority specified in the relevant rules or the Kendriya Vidyalaya Sangathan in case no such authority has been specified. Competent Authority means the authority specified in the relevant rules of Government of India or the Kendriya Vidyalaya Sangathan in case no such authority has been specified.
(vi) Contingencies means and include all incidental and other expenses which are incurred for the management or running of a school other than those items of expenditure which fall under the head ‘Works’ and ‘Stock’ or for which separate funds are provided under the ‘norms’ of expenditure (e.g. Laboratory equipment, Library books, etc.) Contingencies means and include all incidental and other expenses which are incurred for the management or running of a Vidyalaya/office, Regional offices, ZIETs and KVS Headquarters etc. other than those items of expenditure which fall under the head ‘Works’ and ‘Stock’ or for which separate funds are provided under the ‘norms’ of expenditure (e.g. construction of school building & staff quarters, Laboratory equipment, Library books, etc.).
(vii) Controlling officer means an officer entrusted with the responsibility of controlling the incurring of expenditure. The authority who is to act as the ‘Controlling Officer’ is different for various purposes and has been specified in the respective rules. Controlling officer means an officer entrusted with the responsibility of controlling the incurring of expenditure. The authority who is to act as the ‘Controlling Officer’ is different for various purposes and has been specified in the respective rules.

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Kendriya Vidyalaya Sangathan Accounts Code

17 Apr

This is earnest attempt to make the accounts code available online and upto date I request all those who are viewing the pages in these blog to help with the latest changes wherever available so that the same can be updated

Hello world!

17 Apr

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