Transcription of General Financial Rules, 2005
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General Financial Rules, 2005
General FinancialRules, 2005 Government of IndiaMinistry of FinanceDepartment of ExpenditureGeneral FinancialRules, 2005*(* Amendments issued upto March 2010 have been addedas Annexures)PREFACEG eneral Financial Rules (GFRs) are a compendium of General provisions to befollowed by all offices of Government of India while dealing with matters of a Financial Rules were first issued in 1947 and were in the form of executiveinstructions. These were subsequently modified and issued as General Financial Rules, 1963. Over the last four decades, these GFRs had to be amplified and supplemented byvarious decisions of the Government of India. Many of the rules had also becomeredundant. These developments including a rapid growth of alternative service deliverysystems, developments in information technology, outsourcing of services and liberalizationof the system of procurement, accounting and disposal of goods in line with the internationalpractices necessitated an overall review of the General Financial Rules, 1963.
General Financial Rules (GFRs) are a compendium of general provisions to be followed by all offices of Government of India while dealing with matters of a financial nature. 2. General Financial Rules were first issued in 1947 and were in the form of executive instructions. These were subsequently modified and issued as General Financial Rules ...
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