Designed to help the candidates appearing the Appendix 3, LDCE, 70% etc of Railway Accounts
Friday, January 24, 2025
Tuesday, April 23, 2024
Reclassification of Capital Expenditure - Office equipment, Furniture & Fixtures, ICT
Reclassification of Capital Expenditure
Source: Click for RB Letter No. 2023/F(X)-I/33/Misc/4 dated 06.04.2023
As of now, the office equipment, furniture, fixtures, computers etc are treated as Revenue expenditure irrespective of its value.
However as per the Railway Board Letter under reference, wherever exceeds threshold limits, they will be treated as Capital Expenditure instead of Revenue Expenditure. The details are as follows:
Items | Exceeding Threshold Limit (Either of two) | Chargeable to Capital Expenditure under Plan Head ______ | |
Value | Useful life | ||
Office equipment and Furniture & Fixtures | 1 Lakh | 3 Years | PH 41 - M&P (Machinery & Plant) or PH 64 - OSW (Other Specified Works) Or Relevant PH |
Computers - Hardware & Software and Telecommunication devices | 1 Lakh | 3 Years | PH 17 - Computerisation Or Relevant Plan Head |
Vehicles (Office or otherwise) | Irrespective of value | Irrespective of useful life | PH 41 - M&P |
Notes:
The items of Office equipment and Furniture & Fixtures, ICT equipment as Capital expenditure (i.e., exceeding threshold limit as above) - Procured either as part of the Sanctioned Work or through Lumpsum provision.
ICT stands for Information & Communication Technology
Thursday, February 15, 2024
Reclassification of Capital Expenditure - Certain items
Reclassification of Capital Expenditure - Certain items
Source: Railway Board Letter No.2023/F(X)-I/33/Misc/4 dated 06.04.2023 click for the letter
The following items are reclassified as Capital Expenditure w.e.f 01.04.2023
Items | Exceeding threshold limit i.e., Rs. One Lakh rupees or 3 years of useful life, either of two | |
Classified as | Plan Heads | |
Office equipment, Furnitures & Fixtures | Capital Expenditure | 41 - M & P - Machinery & Plant 64 - OSW - Other Specified Works |
Computer Hardware, Computer Software & Telecommunication devices | Capital Expenditure | 17 - Computerisation Or Relevant Plan Heads |
Vehicles | Capital Expenditure (irrespective of its usage (office or otherwise) | 41 - M&P - Machinery & Plant |
Hence, the above items (except Vehicles) which are within threshold limit i.e., Rs. One lakh or less than 3 years of useful life are classified as Revenue Expenditure.
The above items are procured either as part of the sanctioned work or through lumpsum provision.
****
Monday, July 24, 2023
Classification of Stores
Classification of Stores | Features | |
---|---|---|
Ordinary |
| |
Emergency |
| |
Surplus |
| |
Special |
| |
Custody |
| |
Inactive |
| |
Imprest |
|
Sunday, April 2, 2023
Thursday, January 7, 2021
Classification of Expenditure - Recent changes - PPT prepared on 07.01.2021
PPT on Classification of Expenditure - Recent Changes
Friday, July 17, 2020
Plan Heads in Works expenditure - Major Changes
Major Changes in Plan Heads
of Capital Segment of
Demand No. 83 (for 2020-21) -Ministry of Railways (Erstwhile Demand
No. 16)
· Authority: RBA No.
77/2019 issued under Letter No.2017/AC-II/3/2 dated
29.08.2019 – ACS No.143 Click
here
· The whole exercise is
trimming the Number of Plan Heads duly merged PHs into the similar nature of PH
and deleting the PHs which are not required in present
circumstances. Some PHs are renamed duly giving the effect of
merger. Overall 7 Plan Heads are deleted (some are merged in other PHs)
· Major Heads for Works
expenditure are
ü 5002 – Capital outlay
on Indian Railways – Commercial Lines
ü 5003 – Capital outlay
on Indian Railways – Strategic Lines
· Accounting
Classification of Works expenditure - 8 digit numerical code
like follows.
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
Source
of Finance |
Plan Head (Minor Head) |
Detailed Head |
Primary Unit |
· Sources of Finance
Numerical Code (First 2 digits in Classification) |
Source of Finance |
Remarks |
20 |
Capital |
|
21 |
DRF – Depreciation Reserve Fund |
|
23, 33, 43 & 53 |
DF I, II, III & IV respectively |
|
25 |
Capital Fund |
|
26 |
RSF – Railway Safety Fund |
|
27 |
SRSF – Special Railway Safety Fund |
Not in operation. It was ceased in the 2008 year. |
28 |
Capital – Nirbhaya Fund |
|
29 |
RRSK - Rashtriya Rail Sanrakshak Kosh |
|
84 |
EBR – IF (Extra Budgetary Resources – Institutional Finance) |
The following Sources of Finance are ceased
Numerical Code |
Description |
Remarks |
22 |
OLWR – Open Line Works – Revenue |
|
24 |
ACSPF – Accident Compensation, Safety &
Passenger Amenities Fund |
Accident compensation is transferred
to erstwhile Demand No.12 & SMH 10 – Miscellaneous Working
Expenses. Safety is chargeable to DF – IV. Passenger
amenities chargeable to DF - I |
Changes in Plan Heads
(Latest as per ACS – 143)
Deleted Plan Heads
Plan Head No |
Description |
Remarks |
12 |
Purchase of New Lines |
Deleted |
34 |
Taking over of Line Wire from P & T Dept |
|
37 |
Traction Distribution Works |
Merged into PH 3600 |
52 |
Amenities for Staff |
Merged into PH 5100 |
62 |
Investments in Govt Commercial undertaking – Public undertaking |
Merged into PH 6100 |
63 |
Investment in Non – Govt undertaking incl: JVs/SPVs |
Merged into PH 6100 |
83 |
New Lines (Construction) Dividend free project |
Note: PH 13 – Restoration of dismantled
lines – Deleted already.
Modified Plan Heads
Plan Head No |
Previous Description |
New Description |
Remarks |
11 |
New Lines (Construction) |
New Lines |
|
36 |
OEW – Other Electrical Works Excl: Traction Distribution Works |
Electrical Works |
Previous PH 3700 – Traction Distribution Works is merged into PH 3600 |
51 |
Staff Quarters |
Staff Welfare |
Previous PH 52 – Amenities for Staff is merged into PH 51 |
53 |
1. Passenger Amenities 2. Other Railway Users amenities |
Passenger & Other Railway Users amenities |
Not much change. Only two parts are combined as one part |
61 |
Investment in Govt Commercial undertaking – Road services |
Investment in PSU/JV/SPV etc ( Govt & Non Govt) |
Previous PHs 62 & 63 are merged in PH 61 |
Existing Plan Heads
(Total -27)
Plan Head No |
Description |
Remarks |
11 |
New Lines |
|
14 |
Gauge Conversion |
|
15 |
Doubling |
|
16 |
Traffic facilities |
|
17 |
Computerisation |
New one |
18 |
Railway Research |
New one 2009 year |
21 |
Rolling Stock |
|
22 |
Leased Assets – Payment of Capital component of Lease charges to IRFC
etc |
New one – 2016 year |
29 |
Road Safety Works – Level Crossing |
New one |
30 |
Road Safety Works (ROB/RUB) |
New one |
31 |
Track Renewals |
|
32 |
Bridge Works, Tunnel Works & Approaches |
|
33 |
S & T Works |
|
35 |
Electrification Projects |
|
36 |
OEW – Other Electrical Works incl: TRD works |
Ph 3700- Traction Distribution Works is merged into PH 36 |
41 |
M & P – Machinery & Plant |
|
42 |
Workshops incl: Production Units |
|
51 |
Staff Welfare |
1. Previous name of PH 51 is Staff Quarters 2.PH 52- Amenities for staff is merged into PH 51 |
53 |
Passenger & Other Railway Users’ Amenitities |
Not much change. Only two parts are combined as one part |
61 |
Investment in PSU/JV/SPV etc ( Govt & Non Govt) |
Previous PHs 62 - Investments in Govt Commercial undertaking – Public
undertaking & 63- Investment in Non – Govt undertaking incl: JVs/SPVs are
merged in PH 61 |
64 |
Other Specified Works |
|
65 |
Training / HRD |
New one – 2016 year |
71 |
Stores Suspense |
|
72 |
Manufacturing Suspense |
|
73 |
Miscellaneous Advances |
|
81 |
MTP – Metropolitan Transport Projects |
|
82 |
Transfer to SRSF – Special Railway Safety Fund |
On books only. But not in operation |
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