https://www.taxtmi.com/news?id=21946 Devolution of fiscal and functional responsibilities to Urban Local Bodies and municipal financial governance are central: most Twelfth Schedule functions are devolved though water supply is only partially devolved and urban planning not devolved; Rajasthan's ULBs exhibit weak financial reporting, incomplete account certification, large unutilized closing balances, multiplicity of bank accounts, and limited adoption of the National Municipal Accounts Manual and accrual accounting, issues the Commission will address in its recommendations to the Central Government. en-us Mon, 09 Sep 2019 11:20:08 +0530 Mon, 09 Sep 2019 11:20:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21946 Devolution of fiscal and functional responsibilities to Urban Local Bodies and municipal financial governance are central: most Twelfth Schedule functions are devolved though water supply is only partially devolved and urban planning not devolved; Rajasthan's ULBs exhibit weak financial reporting, incomplete account certification, large unutilized closing balances, multiplicity of bank accounts, and limited adoption of the National Municipal Accounts Manual and accrual accounting, issues the Commission will address in its recommendations to the Central Government. News - Mon, 09 Sep 2019 11:20:08 +0530 https://www.taxtmi.com/news?id=21946