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Finance Minister launches e-Bill system to enable paperless submission and digital processing of bills

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman launched the Electronic Bill (e-Bill) processing system, announced in Union Budget 2022-23, on the occasion of 46th Civil Accounts Day here today at Dr. Ambedkar International Centre. Read More: https://www.taxscan.in/new-e-bill-system-to-enable-paperless-submission-and-end-to-end-digital-processing-of-bills-fm-launches-e-bill-system-on-46th-civil-accounts-day/157745/

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman launched the e-Bill system for Central Government Ministries on the 46th Civil Accounts Day i.e March 02, 2022.

The objectives of the system are to:

a) Provide convenience to all vendors/suppliers of the government to submit their bills/claims at any time, from anywhere.

b) Eliminate physical interface between suppliers and government officers.

c) Enhance efficiency in the processing of bills/claims.

d) Reduce discretion in the processing of bills through the “First-In-First-Out”(FIFO) method.

The e-Bill system has been developed by the Public Financial Management System (PFMS) Division of the Ministry of Finance. The system has been initially rolled out in the nine Pay and Accounting Units of nine Ministries/Departments and will be rolled out in other Ministries/Departments in a phased manner in 2022-23.

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