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Tag: Clause

  • FM Mandates Sundown Clause in All Schemes, Extends Deadline to January

    FM Mandates Sundown Clause in All Schemes, Extends Deadline to January

    The finance ministry has instructed all ministries and departments to set clear sundown clauses and timelines for each new centrally sponsored scheme (CSS). Present schemes that can proceed below the sixteenth Finance Fee cycle beginning April 1, 2026 should additionally comply with these guidelines, in line with a report by Financial Instances. The ministry has…

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