https://www.taxtmi.com/news?id=35834 The 49th foundation day noted the Public Financial Management System (PFMS) as a nationwide digital infrastructure that digitises government payments, integrates with multiple external systems and financial institutions, and improves transparency and direct delivery of scheme benefits. Officials stressed the need for harmonisation of Union and State accounts, including Urban, Rural and Local Bodies, to enable consistent financial reporting, and reported new PFMS functionalities such as electronic utilisation certificates and an e Asset module for tracking capital assets. en-us Mon, 03 Mar 2025 10:09:14 +0530 Mon, 03 Mar 2025 10:09:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35834 The 49th foundation day noted the Public Financial Management System (PFMS) as a nationwide digital infrastructure that digitises government payments, integrates with multiple external systems and financial institutions, and improves transparency and direct delivery of scheme benefits. Officials stressed the need for harmonisation of Union and State accounts, including Urban, Rural and Local Bodies, to enable consistent financial reporting, and reported new PFMS functionalities such as electronic utilisation certificates and an e Asset module for tracking capital assets. News - Mon, 03 Mar 2025 10:09:14 +0530 https://www.taxtmi.com/news?id=35834