• About Us
  • Contact Us
  • Our Team
  • Advertise with Us
  • Contributors
  • FAQ
  • Privacy Policy
  • Terms of Service
Sunday, August 2, 2026
The Kashmir Horizon
EPAPER
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper
No Result
View All Result
The Kashmir Horizon
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper
No Result
View All Result
The Kashmir Horizon
No Result
View All Result
Home Top News

Similar protests were held in other areas of Jammu including in Jammu city

K H News Service by K H News Service
June 18, 2020
in Top News
A A
Share on FacebookShare on TwitterWhatsappTelegramEmail

Jammu: The Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, G C Murmu, accorded sanction to adoption of the Jammu and Kashmir Municipal Accounting and Budgeting Rules, 2020, to facilitate implementation of Accrual Based Double Entry Accounting System (ABDEAS) in Urban Local Bodies.
The adoption of the manual by the Municipal bodies will guide them in proper implementation of provisions of Municipal laws, specifically related to accounts and audit. This will bring more transparency in maintaining accounts, enforcing discipline with defined timelines for completion of accounts, audit, filing of response to audit paras, along with preparation of budget and its execution.
The new rules will also strengthen internal controls through segregation of duties, specific controls in handling and accounting of cash, security, stores and general maintenance by delineating roles and responsibilities for various accounting models.
Moreover, the manual will introduce uniform chart of accounts for all municipal bodies and will provide guidelines for preparation of opening balance sheet and valuation of municipal properties. It will also help in publishing the annual reports within completion of the financial year.
The procedures enshrined in the manual will ensure incorporation of formats of database on finance prescribed by C&AG for effective monitoring of ULBs. This will also ensure provisioning against receivables based on the principles laid down by National Municipal Accounts Manual.

K H News Service

K H News Service

Related Posts

Creative filmmakers fuel Kashmir festivals

Creative filmmakers fuel Kashmir festivals
by Mohammad Irfan
August 2, 2026

• 875 Films, 50 Countries: Kashmir's Biggest Cinematic Moment Yet Srinagar: Jammu and Kashmir is scripting a new chapter in...

Read moreDetails

LG Sinha Chairs High-Level Security Review Meeting

Amarnath Yatra Goes High Tech With Laser Shows Under LG Sinha
by K H News Service
August 2, 2026

DCs, SSPs directed to review SoPs to protect non local workers Non local workers must get insurance through their employers,...

Read moreDetails

Security tightened across south Kashmir after migrant labourers’ killing

13 civilians injured in Pulwama grenade attack
by Irfan Yattoo
August 2, 2026

OGWs being used for soft-target attacks, say officials Srinagar|Aug, 1: Security has been significantly stepped up across south Kashmir following...

Read moreDetails

PM Modi credits youth for India’s progress in science, technology, sports

Parliament set to script history on Women’s Reservation, says PM Modi at Nari Shakti Vandan Sammelan
by Agencies
August 2, 2026

New Delhi :Prime Minister Narendra Modi credited Indian youth for achieving progress in the area of science, technology and sports...

Read moreDetails

Centre approves advance release of over 2 thousand crore rupees as assistance to flood

Cloudburst Triggers Flash Flood in Nala Overa, Pahalgam, Power Supply Suspended in Four Areas as Precaution
by Agencies
August 2, 2026

New Delhi :Union Home Minister Amit Shah has approved the advance release of 2 thousand 117.85 crore rupees from the...

Read moreDetails

LG hands over compassionate appointment letters to families of two martyred police personnel

LG Sinha invites suggestions for SMVDSB’s upcoming ‘International Goddess Museum’ at Katra
by K H News Service
August 2, 2026

Srinagar :Lieutenant Governor Manoj Sinha on Saturday handed over compassionate appointment letters to the family members of two martyred Jammu...

Read moreDetails

About

The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

MORE

Search in Archive

DIGITAL EDITION

  • About Us
  • Contact Us
  • Our Team
  • Advertise with Us
  • Contributors
  • FAQ
  • Privacy Policy
  • Terms of Service

© The Kashmir Horizon - Designed by Gabfire

No Result
View All Result
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper

© The Kashmir Horizon - Designed by Gabfire