AFS (Annual Financial Statement)
AFS (Annual Financial Statement) is a comprehensive financial document of the Grama Panchayat that contains the financial details of its receipts, expenditure, assets, liabilities, and funds for a financial year.
In brief:
- Reflects the financial position of the Panchayat.
- Records the receipts and expenditure of the Panchayat.
- Includes details of assets and liabilities.
- Provides details of the utilisation of various funds and grants.
- Serves as one of the important documents for audit.
The AFS (Annual Financial Statement) reports of Melattur Grama Panchayat are provided below: