Loans and Advances - Conveyance Advance - Enhancement of monetary limit for purchase of motor cars and motorized two wheelers - Revision of eligibility criteria - Orders Issued.
Government of Tamil Nadu
2021
MANUSCRIPT SERIES
PREPRALONE
TRUMPH
Finance [Salaries] Department
G.O.Ms.No.27, Dated 20th January 2021
(Saarvari, Thai-7, Thiruvalluvar Aandu-2052)
ABSTRACT
Loans and Advances - Conveyance Advance - Enhancement of monetary limit for
purchase of motor cars and motorized two wheelers - Revision of eligibility criteria
- Orders Issued.
Read:-
1. G.O.Ms.No.485, Finance (Salaries) Department, dated: 08.08.1996.
2. G.O.Ms.No.403, Finance (Salaries) Department, dated: 13.08.1998.
3. G.O.Ms.No.91, Finance (Salaries) Department, dated: 11.03.1999.
4. G.O.Ms.No.467, Finance (Salaries) Department, dated: 22.09.2009.
-000-
ORDER:-
In the Government Order first, second, third and fourth read above, orders
were issued fixing the quantum of advance for the purchase of conveyance and
revising the eligibility criteria.
2. The Public (Special-B) department has requested the Finance department
to study the feasibility of increasing the ceiling of the Motor Car Advance now
being sanctioned to Government servants as one of the better methods of
increasing the consumption in the economy.
3. The Government, after careful consideration has decided to enhance the
quantum of advance for purchase of motor cars and motorized two wheelers.
Accordingly Government direct that the quantum of advance for purchase of new
motor car be enhanced as indicated below:
Levels of Pay of the Government
Employee
Maximum Amount
Level 28 and above (Pay Band 4 and
above) & All India Service Officers
Rs. 14 lakhs
Level 21 to Level 27 (Pay Band 3)
Rs. 10 lakhs
Level 10 to Level 20 (Below Pay Band 3 till
Grade Pay of Rs.2,800/-
Rs.6 lakhs
4. Government also order that in respect of motorized two-wheelers, the
existing distinctions based on the capacity of the engine be hereby dispensed with
and all regular Government employees in time scale of pay shall be eligible for a
uniform maximum ceiling of Rs.1,00,000/- (Rupees one lakh only) for all
categories of motorized two-wheelers
2
5. The revised norms will be subject to the following conditions:
a) If the actual value of the car or two wheeler purchased is below the
ceilings prescribed above, the admissible advance will be restricted to
the cost of the vehicle including taxes, registration and insurance.
b) As already done in the case of two-wheelers, no advance shall be
given for the purchase of second hand motor cars.
c) The revised ceilings prescribed above are applicable for the year
2020-2021. For every subsequent year, the ceiling shall be
automatically enhanced by 5% over the previous year.
d) The period of recovery of the advance and the other rules and
regulations for sanction of conveyance advance shall remain
unchanged.
6. Necessary amendment to Tamil Nadu Financial Code Volume-I will be
issued separately.
(BY ORDER OF THE GOVERNOR)
S.KRISHNAN
ADDITIONAL CHIEF SECRETARY TO GOVERNMENT.
Το
All Secretaries to Government, Chennai-600 009.
All Departments of Secretariat (OP/Bills), Chennai-600 009.
The Secretary, Tamil Nadu Legislative Assembly, Chennai-600 009.
All Heads of Departments.
All Public Sector Undertakings and Statutory Boards.
All District Collectors / All District Judges / All Chief Judicial Magistrates.
The Accountant General (A&E) Chennai-600 018.
The Accountant General (Audit-I) Chennai-600 018.
The Accountant General (Audit-II) Chennai-600 018.
The Accountant General (CAB) Chennai-600 009 / Madurai.
The Principal Secretary / Commissioner of Treasuries and Accounts, Chennai-600 035.
All Treasury Officers / Sub-Treasury Officers.
The Chairman / Secretary, Tamil Nadu Public Service Commission, Chennai-600 003.
The Registrar, High Court, Chennai-600 104.
All Commissioners of Tribunal for Disciplinary
Pay and Accounts Officer (North / East / South / Secretariat)
Copy to:
The Senior Principal Private Secretary to the Additional Chief Secretary to
Government, Finance Department, Chennai-9.
All Officers in Finance Department, Chennai-600 009.
All Sections in Finance Department, Chennai-600 009.
Stock File / Spare Copies.
// Forwarded : By Order //
deringos
SECTION OFFICER.
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