Srinagar, Jan. 30 -- The Finance Department has approved the release of additional funds under the Revenue Budget for the financial year 2024-25.As per the latest order, departments with an expenditure of 70% or above will receive 100% of the Budget Estimates (BE) or Revised Estimates (RE), whichever is lower, while those below 70% will get 85%. Specific expenditure heads, including telephone, hospitality, advertisement, and seminars, will receive 90%, with an additional 10% for heads below 55%.Full funding is granted for electricity charges and similar credits.The specific expenditure categories such as travel expenses (TE), telephone charges, office expenses, fuel (POL), camps, seminars, hospitality allowances, and advertisement & publi...
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