Page 19 of 25, showing 10 records out of 243 total
Audit of Government companies is governed by Section 619 of the Companies Act, 1956. The accounts of Government companies are audited by Statutory Auditors appointed by CAG. These accounts are also subject to supplementary audit conducted by CAG....
Being a commercial entity the Company should have explored alternative avenues such as departmental collections8 as carried out in erstwhile Bihar by way of making advance Action Plan for the lots which remained unsold in advance sale tenders till March of the respective collection season...
In our assessment, the operations of the State Excise Department did not rank high in terms of financial materiality of the revenue generated and financial risk. However, the Department emerged with high priority in terms of significance and...
However, later in January 1997, the Supreme Court in the case of Bihar Distillery and ANR vs Union of India and others held that so far as the rectified spirit supplied or utilised for potable purpose was concerned, levy of excise duty and all other controls shall be with the States. Thus...
This Report contains 27 paragraphs including one review relating to non/short levy/loss of tax/duty having financial implication of Rs 633.61 crore, of which audit observations of Rs 513.04 crore have been accepted by the Government/ Departments....
On creation of the State of Jharkhand, with effect from 15 November 2000, the existing Acts, Rules and executive instructions of the State of Bihar were adopted by the State of Jharkhand. 6.2 Trend of receipts The Revised Budget Estimates (REs) and actual receipts from Stamp Duty and...
5.2 Trend of receipts The revised According to the provisions of the Bihar Financial estimates (REs) and Rules, Vol. I (adopted by the Government of actual receipts from Jharkhand) the responsibility for preparation of Land Revenue budget estimates of revenue receipts is vested in the...
CHAPTER - III: STATE EXCISE 3.1 Tax administration The levy and collection of Excise Duty is governed by the Bihar Excise Act, 1915 and the Rules made/notifications issued thereunder, as adopted by the Government of Jharkhand. The Secretary of the Excise and Prohibition Department is...
Vehicles Taxation (JMVT) Act, 2001, rules made thereunder (Jharkhand Motor Vehicles Taxation (JMVT) Rules, 2001), Motor Vehicles (MV) Act, 1988 and Bihar Financial Rules (as adopted by Government of Jharkhand). At the apex level, the Transport Commissioner (TC), Jharkhand is responsible for...
7.2 Trend of receipts Actual receipts from According to the provisions of the Bihar Financial Mining Receipts Rules, Vol. I (adopted by the Government of against budget Jharkhand) the responsibility for preparation of estimates during budget estimates of revenue receipts is vested in the...
EXECUTIVE SUMMARY * Marginal growth Total tax and non-tax revenue of the State during rate in revenue 2012-13 was ? 11,759.30 crore which represented a receipts of the State marginal growth rate of 17.69 percent over the earlier year. Out of this ? ...
for speedy settlement of the arrear cases by constant monitoring and recovering the arrears as arrears of land revenue by invoking provisions of the Bihar and Orissa Public Demands Recovery Act, 1914. 2.6 Arrears in assessment The details of cases pending at the beginning of the year 2012-13,...
on Audit Reports Non-submission of Explanatory (Action taken) Notes The Manual of Instructions (1998) of the Finance Department, Government of Bihar (as adopted by Government of Jharkhand) envisaged that the Secretaries to Government of the concerned departments were required to submit...
Rule 4(b) (ii) of the Bihar State Employees (House Rent Allowances) Rules, 1980, as applicable in Jharkhand, stipulates that the Administrative Departments, in respect of staff serving under them, are authorised to sanction House Rent Allowance (HRA) admissible in the qualified city provided...
CHAPTER - 3 DISTRICT CENTRIC AUDIT Chapter-3 3.1 District-Centric Audit of Palamu Executive Summary The District-Centric Audit of Palamu aimed to focus on devolution of finances and implementation of significant socio-economic development...
176167 2004 to August MLA Fund, Transferred 68 to 76 56915 2004 (02 Nos.) WF to Bihar months 2006 to 16 to 52 10 Arvind Kr. Singh J.E. 12704 December 2008 RSVY, Police Present months 0 (28 Nos.) Total 3710365 3117738 (Source: Figure supplied by the Division) JE- Junior Engineer MGNREGS:...
Overview of Government companies and Statutory corporations Audit of Government companies is governed by Section 619 of the Companies Act, 1956. The accounts of Government companies are audited by Statutory Auditors appointed by CAG. ...
for the year ended 31 March 2010 The works of design, fabrication, supply, erection, testing and commissioning of automatic tilting shutters of Bihar State Hydro Electric Power Corporation (BSHEPC), Patna resulted in revenue loss of' 20.60 lakh. Loss of price variation claims 2.23 As per the...
The completed due to frequent changes in Board was created in March 2001 as a planning, while for 24 GSSs and result of the Bihar Re-organisation Act, associated transmission lines preparation 2000. The Board transmitted 7,412 MUs of Detailed Project Report and other of energy including 2,777...
done by DVC while distribution is done by the Project Management Board. The Board was created in March 2001 as a result of the Bihar Re-organisation Act, 2000. The Board transmitted 7,412 MUs of The construction of GSSs at Dumka, energy including 2,777 MUs transmitted by Daltonganj,...
Tenughat Vidyut Nigam Limited (Company) generates power at its Tenughat Thermal Power Station (TIPS) and supplies it through two feeders to Biharsharif Grid of Bihar State Electricity Board and to Patratu TPS Switchyard of Jharkhand State Electricity Board (JSEB). During power failure, TTPS had...
Based on the audited accounts of the Government of Jharkhand for the year ending March 2012, this Report provides an analytical review of the Annual Accounts of the State Government. The financial performance of the State has been assessed based on...
CHAPTER 1 CHAPTER FINANCES OF THE STATE GOVERNMENT 1.1 Profile of Jharkhand Jharkhand, the 28th State of the Indian Union, was carved out of Bihar on 15 November 2000. It covers an area of 79,714 square kilometre with a population of 3.30 crore. The State has vast forest and mineral...
(Bihar, Uttar Pradesh, Madhya Pradesh and Chhattisgarh) showed that the pendency was much higher in Jharkhand, as compared to these States (except Bihar), as shown in Table 3.2, mainly because of drawal of Plan funds in AC bills in Jharkhand. Table 3.2: Outstanding amount of AC bills _(fin...
Rules regarding control over expenditure are embodied in the Bihar Financial Rules (as adopted by Jharkhand). As per Rule 112 of the Budget Manual of the State, all anticipated savings should be surrendered to the Government immediately when they are foreseen unless they are required to meet...
4.1 Delay in furnishing Utilisation Certificates against grants paid According to Rule 341 of the Bihar Financial Rules (as adopted by Jharkhand), unless in any case the Government directs otherwise, every order sanctioning a grant should specify clearly the object for which it is given and the...
This Report contains 25 paragraphs including one Performance Audit relating to non/short levy/loss of tax/duty having financial implication of ` 484.72 crore, of which audit observations of Rs 311.07 crore have been accepted by the...
Trend of receipts The revised estimates According to the provisions of the Bihar Financial (REs) and actual Rules, Vol. I (adopted by the Government of receipts from Land Jharkhand) the responsibility for preparation of Revenue during the budget estimates of revenue receipts is vested in the...
CHAPTER III: STATE EXCISE Tax administration The levy and collection of State Excise Duty is governed by the Bihar Excise Act, 1915 and the Rules made/notifications issued thereunder, as adopted by the Government of Jharkhand. The Secretary of the Excise and Prohibition Department is...
CHAPTER-IV: TAXES ON VEHICLES 4.1 Tax administration The levy and collection of Motor Vehicles tax and fee in the State is governed by the Bihar Motor Vehicles Taxation (BMVT) Act, 1994, rules made thereunder and the Bihar Motor Vehicles (BMV) Rules, 1992. On creation of the State of...
The recovery of outstanding mining dues in Jharkhand is governed by the Bihar and Orissa Public Demand Recovery (PDR) Act, 1914. For optimal utilisation of mineral resources and sustainable development of the mineral sector, the National Mineral Policy, 2008 was framed by the Central...
On creation of the State of Jharkhand with effect from 15 November 2000, the existing Acts, Rules and executive instructions of the State of Bihar were adopted by the State of Jharkhand. At the apex level, the Inspector General of Registration, Jharkhand is the head of the Registration...
2 DSR, Godda 3 Total 33 1.6.4 Response of the Departments to the draft audit paragraphs As per the instructions issued (1966) by the Government of Bihar, as applicable to the Government of Jharkhand, audit observations raised during local inspection are replied by the concerned authorities...
The arrears recoverable as arrears of land revenue by invoking the provisions of the Bihar and Orissa Public Demands Recovery Act, 1914 were only 8.05 per cent of the total amount pending settlement. The Government may consider issuing directions to the Department for speedy settlement of the...
Jharkhand State is known for its vast forest resources and is the leading producer of mineral wealth having 40 per cent of the country's mineral reserves. The Gross State Domestic Product of the State has grown at a lower rate (13.34 per cent) ...
CHAPTER FINANCES OF THE 1 STATE GOVERNMENT Profile of Jharkhand Jharkhand, the 28th State of the Indian Union was carved out of the southern part of Bihar State on 15 November 2000 in terms ofthe Bihar Re-organisation Bill 2000, with 18 districts. The State is known for its vast forest resources...
225.00 94 14 Repayment of 6003-00-106-02 Compensation Bond on 212.11 Loans account of Za mindari Abolition (Non - Plan) 31 6003-00-109-08 Loans from Bihar State Co - 15000.00 14853.00 99 operative Lac Marketing Federation (Non - Plan) 32 18 Food Supply 3456-00-001-01 Headquarter charges (Non -...
Moreover, no certificate case under Bihar & Orissa Public Demand Recovery Act, 1914 was filed except in the case of M/s South Eastern Railway, Hatia, Ranchi of ` 1.01 crore. (Paragraph 7.6.11.1) User agencies were drawing water for commercial and domestic purposes x either without agreement...
After creation of the State of Jharkhand, the existing Act, Rules and executive instructions of the State of Bihar were being followed by the State of Jharkhand. The Secretary is the head of the Forest and Environment Department at the Government level in the State. There are three Principal...
CHAPTER - IV: TAXES ON VEHICLES Tax administration The levy and collection of Motor Vehicles Tax and fee in the State is governed by the Bihar Motor Vehicles Taxation (BMVT) Act, 1994, rules made thereunder and the Bihar Motor Vehicles (BMV) Rules, 1992. On creation of the State of Jharkhand...
The arrears recoverable as arrears of land revenue by invoking the provisions of the Bihar and Orissa Public Demands Recovery Act, 1914 were only 3.46 per cent of the total amount pending settlement. The Government may consider issuing directions to the Department for speedy settlement of the...
On creation of the State of Jharkhand with effect from 15 November 2000, the existing Acts, Rules and executive instructions of the State of Bihar were adopted by the State of Jharkhand. At the apex level, the Inspector General of Registration, Jharkhand is responsible for administration of...
CHAPTER-MI: STATE EXCISE Tax administration The levy and collection of excise duty and other State excise receipts is governed by the Bihar Excise Act, 1915 and the Rules made/notifications issued thereunder, as adopted by the Government of Jharkhand. The Secretary of the State Excise and...
Moreover, no certificate case under Bihar & Orissa Public Demand Recovery Act, 1914 was filed except in the case of M/s South Eastern Railway, Hatia, Ranchi of? 1.01 crore. (Paragraph 7.6.11.1) User agencies were drawing water for commercial and domestic purposes either without agreement or...
year ended 31 March 2011 1.2.4 Response of the departments to the draft audit paragraphs As per the instruction issued (1966) by the Government of Bihar as applicable to the Government of Jharkhand, audit observations raised during local inspection are replied by the concerned authorities after...
arrear cases by constant monitoring of court/certified cases and recovering the arrears as arrears of land revenue by invoking the provisions of the Bihar and Orissa Public Demands Recovery Act, 1914. 6.6 Results of audit Our test check during 2010-11 of the records of 19 units relating to...