Sri.K.M.Mani,Minister for Finance presenting the Alteration Memorandum (Revised Budget) 2011-12 on 8th July 2011
Alteration Memorandum (Revised Budget) 2011-12
Income Tax Deduction from Salaries during the Financial year 2011-12 Government have directed all Heads of Departments and Chief Executives to communicate the contents of the Circular No.05/2011[F.No.275/192/2011-IT(B)] Dated 16th August 2011 of the Central Board of Direct Taxes,Department of Revenue,Ministry of Finance ,Government of India to the officers under their control immediately. For details view Circular No 75/2011/Fin Dated 29/10/2011 13th Finance Commission-Release and Utilization-Guidelines issued Guidelines were issued for the release and utilization of grant in aid based on the recommendations of 13th Finance Commission for the award period 2010-15. Click here for more details Kerala Appropriation(No.2) Act 2011 covering full Budget for 2011-12; Instructions All Heads of Departments and Controlling Officers are informed that the Kerala Appropriation(No.2) Bill,2011 covering full Budget for the Financial year 2011-12 has been passed by the Legislative Assembly and the Act has been published as extra ordinary gazette on 31/10/2011. Publication of the Act in the Gazette is sufficient authority for payment and appropriation of the sums included therein.For details view Circular No.76/2011/Fin Dated 31/10/2011 Loans and Advances- Monitoring of recovery: Instructions issued Government have issued instructions to all Controlling Officers / Administrative Departments to strictly adhere to the instructions issued in Circular No.52/GMC2/2011/Fin Dated 09/08/2011. Autonomous/Statutory bodies - availing banking services from Private Sector Banks Government have allowed autonomous/Statutory bodies to avail banking services from the three Private Sector Banks viz ICICI Bank, HDFC Bank and Axis Bank.For details view/download GO(Rt)No. 7013/2011/Fin Dated 15/09/2011 13th Finance Commission Award-Implementation of Schemes-Instructions Special Development Fund for MLAs- Allotment of funds for 2011-12; Release of 2 nd Installment Government have allotted `35.25 Crore to the District Collectors under Special Development Fund for the Members of Legislative Assembly, being the second installment of allotment for 2011-12. For details view/download Go(Rt)No.8912/2011 /Fin Dated 02/12/2011. Kerala State Entrepreneur Development Mission-sanction accorded for implementation Government have accorded sanction for the implementation of the scheme aimed at generating one lakh job opportunities with the objective of bringing down the level of unemployment and to build entrepreneurship culture among the youth of the state.For details view/download GO(Ms)No.590/2011/ Fin Dated 8/12/2011 Kerala State Entrepreneur Development Mission-Apex and District Level Monitoring Committees-Constituted Government have constituted Apex Committee and District Level Monitoring Committees for the implementation of Kerala State Entrepreneur Development Mission. For details view GO(Ms) No622/ 2011/Fin Dated 23/12/2011 Special Development Fund for MLAs - Clarifications issued Government have issued clarifications on the procedure to be adopted for the utilisation of unspent balance in the MLASDF.For more details view/download Circular No.87/2011/Fin Dated 27/12/2011 Treasury Fixed Deposit Scheme-Payment of incentive to the staff - Orders issued Government have issued orders reviewing the payment of incentive to the Treasury staff.For details view/download GO(Ms) No.03/2012/Fin Dated 03/01/2012 Finalisation of Annual Accounts of Public Sector Undertakings- Instructions issued The Secretaries of all Administrative Departments are requested to ensure that the PSUs under their control who have arrears in audit ,get their pending accounts cleared within a time frame of three months.For more details view/download Circular No.02/2012 /Fin Dated 03/01/2012 Pay Revision 2004 Permission to exercise re-option Government have permitted all State Government Employees and Teachers coming under State pay scales,a further last chance for re-option for Pay Revision 2004 in some cases/circumstances.For details view/download GO(P)No.08/ 2012/Fin Dated 05/01/2012 | Latest Decisions Tender for the supply of Consumables  Sealed Tenders were invited for the onsite supply of consumables for use in Finance Department.For more details view Tender Notice No. 63332/ITS2/2011/Fin Dated 20/01/2012 (Malayalam Version)
(English Version) Payment of balance in the TSB to the Legal heirs-monetary limits enhanced Government have enhanced the monetary limits for payment of balance in the Treasury Savings Bank,without producing the succession certificate, to the legal heirs of the depositors .For details view/ download GO(P)No.43/2012 /Fin Dated 12/01/ 2012 Sale of Kerala Government Stock (Securities) Government have notified the sale of Kerala Government stock (Securities)of 10 year tenure for an aggregate amount of Rs 1380.000 Crore(Nominal).For details view/ download Notification No.4600/SS1/2012/Fin Dated 20/01/ 2012 Pay and Allowances of employees of Kerala Water Authority-Revised Government have revised the pay and allowances of employees of Kerala Water Authority accepting the recommendations of the 9th Pay Revision Commission. For details view/ download GO(P)No.58/2012/ Fin Dated 19/01/2012 Homoeopathic Medical Colleges-Scales of pay of Teachers - Revised Government have revised the scales of pay and allied matters of teachers in Government and aided Homoeopathic Medical Colleges.For details download GO(P)No.48/2012/ Fin Dated 13/01/2012 Applications invited for the post of Chief Technical Examiner on Deputation basis Applications are invited for the post of Chief Technical Examiner in Finance (Inspection-Technical) Department,Government of Kerala on deputation basis.For details view/download Notification No. 77119/AdminA6/2011/Fin Dated 10/01/2012 Final Batch of Supplementary Demands for Grants 2011-12; Instructions Government have issued instructions, to the Chief Controlling Officers/Administrative Department, to be followed before proposing supplementary grants in pursuance of the announcement made in the Budget speech. For details download Circular No.05/2012/Fin dated 07/01/2012 Depositing Govt.funds by PSUs & Autonomous Institutions in Treasuries-clarification issued Government have clarified that CEOs of the PSUs/Autonomous Institutions etc shall be held personally responsible for the losses if any on account of parking of funds in deposits offering lesser interests than that in the corresponding Treasury deposits. For details view Circular No.03/2012 /Fin dated 06/01/2012 Identification of Surplus staff and Redeployment-Empowered Committee Constituted Government have constituted an empowered committee to identify the surplus staff for redeployment/ abolition in all the Government Departments and autonomous bodies.The committee will submit the final report in respect of Government Departments within a period of three months.For details view GO(Ms)No.12/12/Fin Dated 06/01/2012 | 
.1,500 crore (Nominal). 
