Ministry of Finance | Department of Expenditure

Office of the Controller General of Accounts (CGA)

Advisory: Smooth Financial Year Closing (FY 2025-26) for PFMS & RBI Payments

OM No. R-08/4/2024-GBA-CGA/1417-1467 | Dated: 23rd March, 2026

The O/o Controller General of Accounts (CGA) has issued a vital advisory to ensure accurate and timely accounting for the Financial Year 2025-26 closure. All Pay & Accounts Officers (PAOs) and Agency Banks must adhere to the specialized reporting timelines mandated by the RBI.

Critical Closing Timelines

Activity / Event	Date & Deadline	Reference
Normal Branch Operations	31st March, 2026	Normal Working Hours
GST/TIN/ICEGATE Reporting Window	1st April, 2026 (12:00 Noon)	RBI Reporting Window
Residual Transaction Reporting	Up to 10th April, 2026	March Residual Scrolls
DMS Submission to ZAOs/PAOs	18th April, 2026	March Residual Statement

Guidelines for PAOs & Nodal Branches

• March Residual Scrolls: Nodal branches must prepare separate scrolls for transactions occurring on or before March 31 but reported in April.
• Labeling Requirements: Statements for these transactions must be clearly marked as "March Residual Account" to avoid mixing with FY 2026-27 data.
• Cheque Realization Rule: Cheques realized on or before March 31 are March transactions; those realized from April 1 onwards are April 2026 transactions.
• Consecutive Numbering: Residual scrolls from April 1 to April 10 must be numbered "March Residual-1", "March Residual-2", etc.

⚠️ Crucial Reporting Warning:

Any delay in reporting March 31 transactions to RBI (via e-Kuber or respective offices) beyond 12:00 Noon on April 1, 2026, may result in the exclusion of those figures from the official Government books for FY 2025-26. Agency banks are advised to give this maximum publicity to prevent cascading disruptive effects on the annual closing.

Click below to download the official full-length OM and RBI Advisory:

📥 DOWNLOAD FY 2025-26 CLOSING ADVISORY

⚠️ Disclaimer

Educational Purpose Only: The information provided in this article is for general informational and educational purposes only.

Accuracy & Mistakes: While every effort has been made to ensure accuracy, human errors or omissions may occur.

No Liability: Under no circumstances shall the author or this website be held liable for any loss arising from the use of this information.

Are you a Central Government Employee?

Don’t stay in the dark! Vital updates on Service Rules, Pension policies, and your career are happening right now.

Add as Preferred Source on Google

Follow us to ensure our latest exclusive reports appear first in your Google Search and Discover feed.