Any Payment above 5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments

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..... Any Payment above 5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government .....

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..... payments
News and Press Release
Dated:- 5-12-2016

In order to attain the goal of complete digitization of Government payments, the Ministry of Finance, Government of India has again revi .....

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..... ewed the existing limit of ₹ 10,000/-(Rs. Ten Thousand only) prescribed regarding e-payment to Suppliers etc. It has now been decided to lower this threshold limit from ₹ 10,000 to ₹ .....

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..... 5,000 (Rupees Five Thousand only).The last review in this regard was made only in August, 2016. Accordingly, all the Ministries/Departments of the Government of India have been now directed by the M .....

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..... inistry of Finance to ensure with immediate effect that all payments above ₹ 5000/- (Rupees Five Thousand only) to suppliers, contractors, grantee/loanee institutions etc. are made by issue of p .....

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..... ayment advises only.
News - Press release - PIB .....

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