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60. Monthly statements of Receipts and Payments

The Secretary shall, not later than 10th of the subsequent month, prepare and submit a statement of Receipts and payments in the prescribed format, to the Standing Committee for Finance. The Chairperson of the Standing Committee for Finance shall after scrutiny and audit by the Standing Committee, place the Monthly Statement of Receipts and Payments along with their recommendations, in the immediately succeeding meeting of the Panchayat.