Audit Reports

Chapter 6: Economic Services 6.1 Infrastructure Good infrastructure will go a long way Table-16: Distance of various places from the in enhancing the growth potential of the district headquarters Block Distance from district district and bridging...

of the State Government in PSUs was in power sector, which increased from 1,044.08 crore during 2004-05 to 3,492.74 crore during 2009-10. Budgetary outgo, grants/subsidies, guarantees and loans 4.1.10 The details regarding budgetary outgo by the State Government towards equity, loans,............

CHAPTER- II: TAXES ON SALES, TRADE ETC. 2.1 Results of audit Test check of the records relating to assessments and refund of sales tax in various commercial taxes circles conducted during the year 2008-09, revealed underassessment of tax and other...

2 Audit Report (State Finances) for the year ended 31 March 2009 FINANCES OF THE STATE GOVERNMENT Chart 1.1 presents the budget estimates and actuals for some important fiscal parameters. Chart 1.1 shows that compared to the budget estimates, the actuals were nearly equal in respect of revenue............

Keeping in view the fiscal targets laid down in the Assam Fiscal Responsibility and Budget Management Act, 2005 (AFRBM) and the rules made there under and the anticipated annual rate of reduction of fiscal deficit of the State worked out by the Government of India (GOI) for the Twelfth Finance............

The Commissioner of Taxes, Assam has been authorised to collect AVAT for the Slate. Vital} sis of budget preparation As per the provision of the Assam Budget Manual, the estimates of revenue and receipts should show the amount expected to be actually realised within the year and those only............

Examination of the agenda and minutes of the meetings of the Board of Directors, monthly review meetings, Budgets, Targets and Report submitted by the units. Scrutiny of the agreements with the contractors entered by the Company, project execution files, detailed project reports (DPRs).............

and Forest and other authorities, rehabilitation of displaced families, proper scheduling of various activities using scientific techniques, adequate budget provisions, transparent and appropriate contract management etc. We noticed time and cost over runs due to absence of co-ordination and............

significant audit findings are as under: Highlights In absence of any system of internal control and maintenance of mandatory records of accounts, budgetary and expenditure control of AAU was ineffective which led to several financial irregularities. (Paragraphs 1.9.1,1.9.3 and 1.9.4) AAU sent............

Several reasons may account for the deviation of the actual realization lfom the budget estimates. It may be because of unanticipated and unforeseen events or under or over estimation of expenditure or revenue at the budget stage etc. Actual realization of revenue and its disbursement however............