| 1. |
Maintenance of Annual Accounts. |
| 2. |
Preparation of Annual Budget. |
| 3. |
Implementation of Annual plans and in case of any deficit, revised estimate is prepared. |
| 4. |
The Bills showing the expenditure details are scrutinized carefully and amount settled by issuing cheques. |
| 5. |
The loans and grants received from Government and non-Governmental organization are utilized for the Developmental works undertaken by the Salem Corporation. Loans are also promptly repaid in due installments. |
| 6. |
The Government grants received by the corporation are also expended in a proper manner. |
| 7. |
The Funds distribution for the Salem Corporation by the 10th & 11th Finance Commissions are specifically spent under the respective Heads only for which it is allotted. |
| 8. |
The Accounts Department also acts as the nodal agency in collecting Entertainment tax, stamp duty, Road maintenance charges etc., and the revenue is maintained by the Accounts Department. |
| 9. |
The funds allotted under MLA funds, MP Fund , MP Fund are received and spent for the development works approved and sanctioned by them. The Bills submitted by the contractis for undertaking works are also scrutinized carefully and passed by issuing cheques. |
| 10. |
The grants for the particular plans and the loans taken for implementation of the plans are also utilized for passing of the Bills submitted by the contractors. This the amount is settled by issuing of cheques. |
| 11. |
The rents for offices of Salem Corporation functioning in rented buildings are also paid by the Accounts Department in due time. |