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Finance Department deals with the subjects pertaining to finance of the Azad Government of the State of Jammu & Kashmir and responsible for supervision and control of State finances. Preparation of Annual Budget, formulation of Financial Rules and Civil Services Rules relating to Pay & Pension of Civil Servants, management of public fund and administration of Local Fund Audit Department and the Treasuries are its main responsibilities.

  • Management of Public Funds i.e.
      • Supervision and control of Government Finances;
      • Preparation of Government Budget;
      • Preparation of supplementary estimates and demands for excess grants;
      • Appropriation and re-appropriations; and
      • Administration of public revenue and examination of all proposals for the increase or reduction of taxation, duties and cesses.
  • Public Accounts and Public Accounts Committee.
  • Framing of financial rules for guidance of departments.
  • Advice on:
  • grants, contributions, other allowances and honoraria, contingencies, recoveries from and payment to Government Department and cases relating to money matters generally such as defalcations, embezzlements and other losses;
  • Loans and advances to Government servants.
  • Administration of Public loans and Public debt.
  • Creation of new posts and up-gradation of posts.
  • Examination of Development schemes.
  • Audit of receipts and expenditure.
  • Treasuries and sub-treasuries.
  • Delegation of financial powers.
  • Service matters, except those entrusted to S&GAD.
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