Section 4 in The M.P. Gram Panchayat (Annual Accounts and Administration Report) Rules, 1998
4. Annual Account.
- For the year ending on 31st March, a statement showing the receipts of Gram Panchayat, budget estimates and reasons for variation in Form-1 and a statement showing expenditure, budget estimates and reasons for variation in Form-2, shall be prepared. The following statements shall accompany with the annual accounts, namely :-(1)Statement showing demand, collection, remission and balance of the revenue of Gram Panchayat for the financial year in Form-3.(2)Statement of Grant-in-aid received and spent during the financial year in Form-4.(3)Statement of amount received and spent during the financial year in the schemes sponsored by Central Government/State Government in Form-5.(4)Statement of physical targets and achievements relating to schemes sponsored by the Central Government or State Government for the Financial year in Form-6.(5)State of loans received from State Government, District Panchayat, Janpad Panchayat or other institution and payment made during the period of financial year in Form-7.(6)Statement of floating assets and liabilities of Gram Panchayat during the period of Financial year in Form-8.
