https://www.taxtmi.com/news?id=26283 Separation of accounts from audit in 1976 was effected by two Ordinances creating departmentalised Union accounts and establishing the Indian Civil Accounts Service. The Controller General of Accounts acts as Principal Accounting Advisor, overseeing payment, accounting and pension systems. Public Financial Management System (PFMS) is presented as a Government-wide web-based platform delivering Direct Benefit Transfers, treasury integration, GST refund processing, non-tax receipt automation, real-time accounting integration, and cash and debt management through TSA, CNA and SNA mechanisms. Revised Receipt and Payment Rules and internal audit reforms support e-bill implementation, funds-flow modifications and strengthened controls. en-us Tue, 28 Feb 2023 14:07:20 +0530 Tue, 28 Feb 2023 14:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26283 Separation of accounts from audit in 1976 was effected by two Ordinances creating departmentalised Union accounts and establishing the Indian Civil Accounts Service. The Controller General of Accounts acts as Principal Accounting Advisor, overseeing payment, accounting and pension systems. Public Financial Management System (PFMS) is presented as a Government-wide web-based platform delivering Direct Benefit Transfers, treasury integration, GST refund processing, non-tax receipt automation, real-time accounting integration, and cash and debt management through TSA, CNA and SNA mechanisms. Revised Receipt and Payment Rules and internal audit reforms support e-bill implementation, funds-flow modifications and strengthened controls. News - Tue, 28 Feb 2023 14:07:20 +0530 https://www.taxtmi.com/news?id=26283