The Finance Committee deals with the financial matters of the University. It examines and scrutinizes the Annual Budget of the University and makes its recommendations to the Executive Council. The Vice Chancellor is the Chairperson of the Finance Committee. Financial Commissioner and Principal Secretary to Government, Haryana, Finance Department and the Financial Commissioner and Principal Secretary to Government, Haryana, Higher Education Department and the Director General/Director Higher Education, Haryana and others as per university Act are the members of the Finance Committee. Registrar is the member secretary of the committee.
The Finance Committee shall have the following powers and functions, namely:-
a) to examine and scrutinize the annual budget of the University and to make recommendations on financial matters to the Executive Council;
b) to consider all proposals for new expenditure and to make recommendations to the Executive Council;
c) to consider the periodical statements of accounts and to review the finances of the University from time to time and to consider re-appropriation statements and audit reports and to make recommendations to the Executive Council; and
d) to give its views and to make recommendations to the Executive Council on any financial question affecting the University either on its own initiative or on reference from the Executive Council or the Vice-Chancellor.