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Jammu & kashmir News

Daily Excelsior

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J&K Govt Raises Advance Withdrawal Approval Limit To Rs 2 Crore

JAMMU, Jun 5: In a move aimed at speeding up financial decision-making, the Jammu and Kashmir Government has doubled the advance withdrawal sanction limit for Administrative Departments from Rs 1 crore to Rs 2 crore. As per a notification issued by the Finance Department, Administrative Departments can now approve advance withdrawals up to Rs 2 crore with the concurrence of the Director Finance/Financial Advisor and Chief Accounts Officer, without seeking approval from the Finance Department. However, proposals involving advance withdrawals [] The post J&K Govt Raises Advance Withdrawal Approval Limit To Rs 2 Crore appeared first on Daily Excelsior .

5 Jun 2026 4:53 pm