https://www.taxtmi.com/news?id=18962 Mandatory on boarding of the Public Finance Management System (PFMS) for all Central Sector Schemes creates a common electronic platform to track fund flows from the Central Government through implementing agencies to final beneficiaries, support Direct Benefit Transfers, provide real time visibility of resource availability and utilization, reduce paperwork and parking of funds, enable just in time releases that lower float and borrowing costs, and potentially evolve into a Government wide Integrated Financial Management System. en-us Fri, 27 Oct 2017 16:22:22 +0530 Fri, 27 Oct 2017 16:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18962 Mandatory on boarding of the Public Finance Management System (PFMS) for all Central Sector Schemes creates a common electronic platform to track fund flows from the Central Government through implementing agencies to final beneficiaries, support Direct Benefit Transfers, provide real time visibility of resource availability and utilization, reduce paperwork and parking of funds, enable just in time releases that lower float and borrowing costs, and potentially evolve into a Government wide Integrated Financial Management System. News - Fri, 27 Oct 2017 16:22:22 +0530 https://www.taxtmi.com/news?id=18962