Hon’ble President of India inaugurates Civil Accounts Day, 2016 and emphasizes on the need of e-Governance initiatives to fulfil the dream of becoming a welfare nation; FM: against the grim economic situation in the world, India stands-out as a haven of stability and opportunity.

Hon’ble President of India inaugurates Civil Accounts Day, 2016 and emphasizes on the need of e-Governance initiatives to fulfil the dream of becoming a welfare nation; FM: against the grim economic situation in the world, India stands-out as a haven of stability and opportunity. https://www.taxtmi.com/news?id=15822 Separation of accounts from audit strengthens financial accountability while adoption of e-governance and technology-centred on PFMS-aims to improve payments, accounting and reporting. PFMS as the payment platform for Direct Benefit Transfer enables better beneficiary targeting, reduces duplication and leakages, and should link the JAM triad; concurrent reforms emphasize outcome measurement, FRBM-based fiscal disclosures including unpaid claims and asset accounting, and application of big data analytics to government accounts to support real-time decision making. en-us Wed, 02 Mar 2016 09:43:10 +0530 Wed, 02 Mar 2016 09:43:10 +0530 TaxTMI RSS Generator Hon’ble President of India inaugurates Civil Accounts Day, 2016 and emphasizes on the need of e-Governance initiatives to fulfil the dream of becoming a welfare nation; FM: against the grim economic situation in the world, India stands-out as a haven of stability and opportunity. https://www.taxtmi.com/news?id=15822 Separation of accounts from audit strengthens financial accountability while adoption of e-governance and technology-centred on PFMS-aims to improve payments, accounting and reporting. PFMS as the payment platform for Direct Benefit Transfer enables better beneficiary targeting, reduces duplication and leakages, and should link the JAM triad; concurrent reforms emphasize outcome measurement, FRBM-based fiscal disclosures including unpaid claims and asset accounting, and application of big data analytics to government accounts to support real-time decision making. News - Wed, 02 Mar 2016 09:43:10 +0530 https://www.taxtmi.com/news?id=15822