PFMS Payment Archives

Benefits of PFMS Payments to the Nation

27/09/202325/09/2023 by Wealthpedia Team

The Public Financial Management System (PFMS) is an online platform developed by the Government of India to track and manage government funds efficiently. It plays a crucial role in promoting transparency, accountability, and financial inclusion. In this article, we will explore the benefits of PFMS payments to the nation and how they contribute to the … Read more

What is PFMS Payment?

16/09/202315/09/2023 by Wealthpedia Team

This is the financial management platform started by the office of the Controller General of Accounts, Ministry of Finance with Planning Commission. PFMS Payment enables the government to distribute various scheme benefit directly to the targeted beneficiary. PFMS full form and PFMS meaning are a Public Financial Management System. It works with the core banking … Read more