AFS Report 2024-25
The Annual Financial Statement (Annual Financial Report) of a Grama Panchayat is an official financial report that records the revenue received by the Panchayat, the expenditure incurred, and its overall financial position during a financial year.
It generally includes:
Various sources of revenue of the Panchayat, such as taxes, grants, and plan funds.
Expenditure incurred on development activities and administrative expenses.
Bank balances and details of assets and liabilities.
Utilization of plan funds.
The financial position of the Panchayat at the end of the financial year.
This statement is used to ensure transparency, accountability, and financial control in Panchayat administration. It also serves as an important document for auditing and administrative reviews.
- Cash flow statement
- Income and Expenditure Statement
- Balance Sheet
- Receipt and Payment Statement
- Trail Balance
