A F S 2025-26
The Panchayat’s AFS (Annual Financial Statement) is an annual financial report prepared for a financial year, covering the Panchayat’s total income and expenditure, assets, and liabilities. It is an important document that presents the financial position of the Panchayat.
Main Objectives of the AFS
- To present the financial position of the Panchayat
- To monitor and control income and expenditure
- To facilitate auditing and financial verification
- To ensure financial transparency for the public