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PUBLIC FINANCIAL MANAGEMENT SYSTEM (PMS) & BTO/o Controller General of Accounts, D/o Expenditure, M/o Finance, Government of India 15.03.2017PUBLIC FINANCIAL MANAGEMENT SYSTEMObjectives of PMS 2Real
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Government agencies and departments that handle public funds.
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The public financial management system refers to the framework and processes put in place by government entities to effectively manage their financial resources in order to achieve financial accountability and transparency.
Government entities and organizations that receive public funds are required to file public financial management system.
Public financial management system can be filled out by following the guidelines and instructions provided by the relevant government authority.
The purpose of public financial management system is to ensure proper utilization of public funds, promote financial accountability, and enhance transparency in financial transactions.
Information such as income, expenditure, assets, liabilities, and any other financial transactions must be reported on public financial management system.
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