Annual Financial Statement

The Annual Financial Statement (AFS) of Niramruthur Grama Panchayat is an official financial document containing the Panchayat’s annual financial details. It presents the income, expenditure, assets, liabilities, and plan allocations of the Panchayat for a particular financial year.

Major Information Generally Included in the AFS

  • Tax revenue
  • Government grants
  • Plan and project funds
  • Expenditure on development activities
  • Expenditure on healthcare, education, and sanitation programmes
  • Bank balances
  • Details of assets and liabilities

The AFS is an important financial document that provides a clear picture of the Panchayat’s financial position and helps ensure financial transparency, accountability, and effective financial management. It also serves as an important basis for assessing the Panchayat’s financial performance and planning future development activities.