Haryana Cabinet approves repeal of 1930 Code, Notifies New Municipal Account Code 2025
Chandigarh, May 5 : The Haryana Cabinet, which met under the chairmanship of Chief Minister Sh. Nayab Singh Saini here today, approved the repeal of the existing British-Era Municipal Account Code, 1930 and the notification of the Haryana Municipal Account Code, 2025 (Part-I and II) for implementation across all municipalities in the state which aims at bringing transparency in the accounting system of municipal bodies in Haryana. The age-old Municipal Account Code, 1930 is unable to cope with the challenges that the metamorphic changes have posed. Moreover, technological advancements have also made the municipal account code provisions obsolete and redundant. The Municipal Account Code, 1930, which has been in effect for nearly a century, has several limitations and drawbacks in maintaini...
