financial rules

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    Chelsea Academy Transfer Ban Imposed Amid Financial Investigation

    London, March 16. Chelsea FC has accepted fines totaling £10.75 million for breaches of the Premier League’s rules relating to Financial Reporting, Third Party Investment, and Youth Development, and has also been sanctioned with an immediate nine-month Academy transfer ban and a suspended...
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    Utilization Certificate Pendency Raises Accountability Concerns in Bihar

    Patna, February 26 The CAG has raised concerns about the non-submission of Utilization Certificates (UCs) amounting to ₹92,132.75 crore for various projects and schemes implemented by state bodies and authorities in Bihar up to March 31, 2025.The findings were highlighted in the CAG's Finance...
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    QCBS Proposed: Engineering Body Urges Shift in Procurement

    New Delhi, February 23 The FIDIC, a body of consulting engineers, said on Monday that it has urged Prime Minister Narendra Modi to implement amended general financial rules for awarding government contracts based on the quality assurance of bidders, rather than selecting bids with the lowest...
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