Government of India | Ministry of Finance
Compilation of Union Government Finance Accounts (2025-26)
Office of the Controller General of Accounts, New Delhi
1. Overview & Scope
The Ministry of Finance has issued comprehensive guidelines for the submission of material required to compile the Union Government Finance Accounts for the financial year 2025-26. This memorandum, dated March 17, 2026, details instructions for various financial statements including Guarantees, Grants-in-Aid, and Loans/Advances.
2. Annexure 'D': Statement No. 4 (Guarantees)
This statement covers sovereign guarantees provided by the Union Government. Key requirements include:
- Responsibility: Pr. CCAs/CCAs/CAs must maintain a guarantee register based on details from Administrative Divisions.
- Data Precision: Figures must be reported in crore of rupees up to two decimal points.
- Tallying: Information must agree with figures furnished to the Budget Division for inclusion in the Budget Documents.
- Calculations: Outstanding amounts at the end of the year must follow the formula: $col.9 = (col.2) - (col.5) - (col.7) - (col.8)$.
- Exchange Rates: External guarantees must use the exchange rate prevalent as on March 31, 2026.
3. Annexure 'E': Statement No. 9 (Grants-in-Aid)
Guidelines for disclosures under IGAS-2 regarding total funds released:
- Unit: Information is to be furnished in lakhs of Rupees.
- Categories: Details must be provided for categories including State Governments, UTs, PSUs, NGOs, and Autonomous Bodies.
- Reconciliation: Statements must be reconciled with e-Lekha and PFMS systems.
- Grants in Kind: Separate accounting for the value of Grants-in-aid released in kind must be included.
4. Annexure 'F' & 'G': Loans and Advances (Statements 3 & 15)
Comprehensive reporting of loans made to State/UT Governments, Foreign Governments, and others.
| Loanee Group | Reporting Requirements |
|---|---|
| State & UT Governments | Opening Balance, Disbursements, Repayments, and Write-offs. |
| Foreign Governments | Outstanding balances and additions during the year. |
| Government Servants | Breakdown of HBA, Computer, and Motor Conveyance advances. |
5. Annexure 'H': Statement No. 5 (Summary of Balances)
Includes disclosures for Prior Period Adjustments (PPA) as per IGAS-4:
- Nature of PPA: Disclosure of errors or adjustments related to prior periods.
- Capital Expenditure: Impact of adjustments on capital expenditure heads must be specifically indicated.
- Reporting Unit: Figures for this annexure are reported in thousands of rupees.
6. General Instructions & Certification
- Statement No. 11: Detailed account of investments in Statutory Corporations and PSUs.
- Statement No. 13: Covers receipts, disbursements, and balances for Debt, Deposits, and Remittances.
- Checklist: A signed checklist must be enclosed with all submissions to ensure data accuracy.
- Final Certificate: All materials must include a certificate signed by the CCA/CA stating that accounts are correct and agree with initial records.
Source: Office of the Controller General of Accounts, Ministry of Finance, Govt of India.
This content is for instructional purposes based on the official Memorandum No. G-25020/1/2026/Finance A/c-CGA.
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.
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