About Funds Department
The J&K Funds Organisation has been established vide govt.
Order No.88-F of 1984 dated: 05-03-1984 for maintenance of the G. P. Fund accounts
of the State government employees (Superior) w.e.f. 01-04-86 who’s accounts were
hither to being maintained by Accountant General J&K. The Organisation is maintaining
the individual ledger Accounts in respect of G. P. Fund & S.L.I subscriptions/Premiums
deducted monthly from each Government Employee including subscribers belonging to
IAS/IPS and IFS cadres.
Information Technology (IT) in Funds
The project GENPROFIT System has been designed
and developed for Funds Department of Government of J&K, for the computerization
of subscriptions made by the employees who keeps their hard earned money with the
Fund Office. In Year 1986 onwards Accountant General Offices on the request of Government
of J&K allowed the Funds Department to maintain the details of subscriptions
made by each department.