Describe the optimistic elements and challenges of the single account fund system in public monetary administration.

System of Single Account Funding

Describe the optimistic elements and challenges of the single account fund system in public monetary administration.

The system by which all government places of work transact by means of one account is known as the "single account fund system." On this, all financial institution accounts in the identify of the presidency workplaces, together with revenue, appropriation, deposit, and so on. places of work are transacted by means of the identical account by opening an account to be operated by the Office of the Comptroller and Auditor Common. Under this method, the spending body must approve the expenditure, collect the expenditure voucher by enclosing the paperwork, and send the fee order to the Comptroller and Auditor General's office for the check to be issued.The Office of the Comptroller and Auditor General should prepare a check in the relevant fund title and send it to the appropriate office.The check quantity acquired in this manner needs to be thought of as a withdrawal by the involved workplace, and the check needs to be handed over to the recipient. Easy, economical, and clear administration of presidency expenditure and money administration.

Constructive elements

The optimistic elements of this in public monetary administration are as follows:

-All information on earnings and expenditure of the presidency office is acquired in time.

-Actual standing of the reserve fund is

acquired each day.

-Authority money administration is efficient.

-Financial institution fee to be paid by the authorities of Nepal. decreased,

The variety of financial institution accounts decreased, too.

Reconciliation between authorities' places of work and banks eased.

-Monetary information system of presidency income and expenditure strengthened.

Challenges

-The next duties are seen as challenges:

-Making the general financial system paperless by making the best use of recent expertise in financial formulation and exit work,

 

-To discourage remittances in the midst of the fiscal year by allocating finances solely to the tasks within the Mission Financial Institution.

To inspire the working employees by growing the capability of the workplace of the Comptroller and Auditor Common.

-

To

Keep self-discipline in all government places of work in full compliance with the foundations and rules of the Monetary Process and Monetary Accountability Act.

 

Point out methods to advertise inclusion.

Inclusion is the participation of all within the state's equipment. Stakeholders' participation in politics, administration, financial system, social and other fields needs to be elevated, and everybody's affiliation with the state needs to be elevated. To advertise this, the following measures need to be taken: Political events ought to guarantee the

participation of the goal group within the celebration and the federal government in accordance

with the popularity of inclusion. Implementing reservations, adopted in each sector of the state system, figuring out the goal teams and conducting focused applications, -Satisfactory funds, making the empowerment applications extra systematic,

 

 

 

 

Methods to make inclusion similar to: proportional illustration, constructive discrimination, reservation, focused packages, empowerment, and many others. Which of the following needs to be clearly deliberated and applied?

To spend money on the sectors of human growth and poverty alleviation,

-To conduct public awareness applications.

What quantity is deposited within the state's gathered fund? Clarify.

' 'The state authorities fund, which collects all of the earnings of the state authorities, is the state gathered fund. Pursuant to Article 204 of the Structure of Nepal, the following quantities are deposited in this fund:

All varieties of income acquired by the state authorities besides the Guthi quantity, all loans taken as collateral of income,

All loans acquired under the powers of the State Act,

grants obtained from the Nepalese government, mortgage

Point out the method of auctioning the seized items as per the Customs Act, 2064.

'The method of auctioning the seized items as per the Customs Act, 2064, might be talked about:

Public sale of products solely with the written order of the customs officer,

The customs officer ought to keep the minimal value of the auctioned items.

Automobiles and heavy gear with a minimal value of a couple of lakhs of rupees. Bids should be invited by publishing a notice in national daily newspapers with a time frame.

of twenty-one days to promote the public sale.

If gold, silver, diamonds, jewels, invaluable minerals, or jewelery and different gadgets comprised of them are to be bought by Nepal Rastra

At a financial institution, they need to be despatched to the financial institution for enrollment and bought at public sale in keeping with prevailing costs. Public sale of products, animals, and livestock which can't be kept secure as a result of lack of area, warehouse, and area for less than one month. The quantity acquired from the public sale sale might be permitted by the

To bind the earnings in the deposit account, go to the customs office.

 

Within the schedule of the structure of Nepal, point out the tax administration system within the record of rights of each state and the native stage.

"The record of rights of each state and native stage within the schedule of the structure of Nepal consists of actual property registration price, car tax, leisure tax, and commercial tax. Relating to the tax administration of those taxes, the Intergovernmental Finance Administration

The Act of 2074 made the following provisions:

-Automobile tax prices can be levied and picked up by the state.

Actual property registration fees can be levied by the state as well as by the village/municipality.

A leisure tax price can be levied by the state and

village or municipality. Elevating,

-Promoting tax prices to be levied and levied by the village/municipality

sixty percent of the total amount raised by

Apart from car tax, the village/municipality

 

There's an association for the village municipality or municipality to deposit 40 p.c into the native gathered fund and deposit it into the state gathered fund on a month-to-month basis.

 

Write concerning the month-to-month report due to be ready by every government workplace after financial implementation.

The month-to-month studies to be ready by every government workplace after financial implementation are as follows:

-Splitting of Expenditure,

Pesky's specifics are still pending.

Particulars of Income, Particulars of Deposit,

Particulars

Bail Account Specifications,

Particulars of

Belongings and Liabilities

Beruju's specifics.

 

Write down measures to stop home violence.

Home violence is home violence. It's the act of bodily, mentally, sexually, and financially torturing and hurting one other particular person in an identical household. Home violence refers to all types of home violence, together with beatings, insults, abuse, dowry stress, contempt, hatred, contempt, and coercion. Though home violence is usually committed by males towards females, it has been discovered that because of the current scenario, females are additionally committing extra violence towards males. The Home Violence (Crime and Punishment) Act, 2066 is relevant in Nepal to stop home violence. Every district, space, and ward stage has Nepal Police models. There's a nationwide system of girls' fees. There's provision for everything from peace and safety to free authorized help, and even this has not been prevented. Home violence is a product of poverty and illiteracy. Subsequently, it is very important to take note of and forestall it. Measures to stop home violence are as follows:

-Emphhasis on earnings technology to alleviate poverty and modernize and commercialize agriculture for it.

To develop data, expertise, and capability to eradicate illiteracy,

To offer vocational data and expertise by means of native stage ability growth facilities, agricultural facilities,

From district to ward, making certain peace and safety in villages, tolls and houses,

carrying out public awareness campaigns

focusing on addressing the problems by formulating annual budgets at federal, state, and native ranges,

End all types of discrimination towards women,

and advocating for women's rights within the framework of the structure and the lawGuaranteeing the acquisition of rights and services,

-Efficient implementation of legal guidelines enacted towards home violence and violence towards ladies.

 

Outline non-tax income and point out its sources.

The federal government supplies items and providers to most of the people. The people devour them and pay a set quantity to the federal government for consuming them. This sort of income acquired by the federal government is known as non-tax income. That is income apart from the tax income acquired by the federal government. There is a cost for items and providers. comparable to: phone tariff, electricity tariff, water tariff, postage stamp, passport price, and many others. non-taxable income.

Sources of Non-Tax Income-Duties

and costs

Penalties, Penalties and Seizures

-Sale of government property

Earnings from the Sale of Authority Items and Companies

- Royalty

- Return

-Curiosity

Dividends

Donations, items, and miscellaneous earnings

What are the targets of granting judicial energy on the native stage?

Implementing the idea that disputes might be resolved outside the courtroom,

-Easy different options for disputes similar to negotiation, conciliation, mediation, - Growing

entry to justice for all.

Delivering justice by means of a speedy course of -Resolving

disputes at a low price.

-By folks's representatives To offer truthful justice.

Ashwin 13,