https://www.taxtmi.com/news?id=27108 The Department of Expenditure implemented Fifteenth Finance Commission grant modalities and enhanced digital financial governance through the Data Gap Initiative, PFMS-driven Direct Benefit Transfer, and integrated treasury systems including Single Nodal Account and Central Nodal Account models. GIFMIS, eGramSwaraj integration and SNA-SPARSH pilots aim to consolidate payment flows, reduce float and enable just-in-time releases via state IFMIS and central bank e-kuber. A redesigned Special Assistance to States for Capital Expenditure and defined net borrowing ceilings with performance-linked additional borrowing operationalise incentives for capital investment and sectoral reform. en-us Wed, 27 Dec 2023 16:12:22 +0530 Wed, 27 Dec 2023 16:12:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27108 The Department of Expenditure implemented Fifteenth Finance Commission grant modalities and enhanced digital financial governance through the Data Gap Initiative, PFMS-driven Direct Benefit Transfer, and integrated treasury systems including Single Nodal Account and Central Nodal Account models. GIFMIS, eGramSwaraj integration and SNA-SPARSH pilots aim to consolidate payment flows, reduce float and enable just-in-time releases via state IFMIS and central bank e-kuber. A redesigned Special Assistance to States for Capital Expenditure and defined net borrowing ceilings with performance-linked additional borrowing operationalise incentives for capital investment and sectoral reform. News - Wed, 27 Dec 2023 16:12:22 +0530 https://www.taxtmi.com/news?id=27108