Page 120 of 154, showing 10 records out of 1,538 total
Audit findings and recommendations Return to Fiscal correction: The State had achieved five out of eight targets as set out in FRBM Act/TFC during 2009-10. There is reasonable prospects of returning back to fiscal correction path if efforts are taken to increase tax compliance, reduce tax...............
to sufficiency of liquid assets to meet current or committed obligations and the capacity to keep balance between costs of additional borrowings with returns from such borrowings. It means that rise in fiscal deficit should match with the increase in ca pacity to service the debt. A necessary...............
technolog y and natural resources; To achieve the goal of reducing yield gaps in important crops through focused interventions; To maximise returns to farmers in agriculture and allied sectors; 17 Development of major food crops; Agriculture mechanization; Enhancement of soil health;...............
CHAPTER II PERFORMANCE AUDIT Roads and Buildings Department 2.1 Pragatipath Scheme Executive summary Transportation plays an important role in economic and general development of the State. A well laid out road network is essential for efficient and ...
certificates to detect dormant registrations 4.6 26 Determination of opening stock under the KVAT Act 4.7 27 Table of contents (iii) CHAPTER-V : RETURNS, THEIR SCRUTINY AND AUDIT ASSESSMENT Returns5.1 29 Scrutiny and verification of the returns 5.2 33 Audit Assessment 5.3 40 CHAPTER-VI :...............
of registers in the Commercial Tax Offices We noticed that the commercial tax circles were not maintaining any records to monitor the filing of the return/revised return, rejection of the return etc., due to lack of mandatory provisions, as commented in paragraphs 3.5 and 5.1.2.1. They are also...............
or power to a Chapter IV: Stamp Duty and Registration Fees 81 promoter or developer for construction, development or sale or transfer of any immovable property is executed, the same duty as a conveyance on the sale or the estimated cost of the proposed construction/development of such...............
Act provides for recovery of arrears of public revenue together with interest and cost of process by attachment and sale of defaulter's movable and immovable property. Attachment can also be made either by appointing an agent for the management of defaulter's immovable property or arrest of the...............
Also concessions were given in VAT and property tax and electricity duty totalling about ` 245 crore . 1.2 Resources of the State 1.2.1 Resources of the State as per Annual Finance Accounts Revenue and capital are the two streams of receipts that constitute the resources of the State...............
Sound internal controls and compliance with rules and procedures contribute significantly to good governance. They also ensure relevant, reliable and timely financial reporting and assist the State Government in meeting its basic stewardship...
and Resettlement 2.1.35 The Rehabilitation and Resettlement (R&R) policy of the Government provided for compensation for loss of land / property and also establishe d the rights for resettlement and rehabilitation in addition to compensati on for loss of land / structures determined...............
1.25 crore. The provisions of the policy inter alia stipulated that sum insured shall be equal to the cost of replacement of the insured property by new property of the same kind and same capacity, which meant its replacement cost including freight, dues and customs duties and erection costs................
The Plantation Corporation of Kerala Limited (2007-08) The Company had not charged depreciation of Rs. 43.32 crore on the development of property for various cultivation, viz, Rubber plantation, cashew, Oil Palm and other heads. The Kerala State Financial Enterprises Limited (2006-07) •...............
Chapter III - Performance Reviews relating to Statutory corporation Chapter III Performance audit relating to Statutory Corporation Kerala State Road Transport Corporation 3. Performance Review on the performance of Kerala State Road Transport...
The other e-pay facilities available in FRIENDS centres such as those for building tax, property tax, land tax, road tax and fees etc. had not been extended to the e-kendras so far. While BSNL gave commission at Rupees five per bill, ACEs were permitted to collect Rupees five per bill from the...............
The other e-pay facilities available in FRIENDS centres such as those for building tax, property tax, land tax, road tax and fees etc. had not been extended to the e-kendras so far. While BSNL gave commission at Rupees five per bill, ACEs were permitted to collect Rupees five per bill from...............
OVERVIEW This Report comprises three Chapters. Chapter I includes four performance audit reviews, Chapter II includes 25 paragraphs on audit of financial transactions of various Government departments and Chapter III includes a report on an...
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...
11 Letter authorised for recovery of the dues recoverable from defaulters by attachment and auction of the property. 12 Others include Stenographer, driver, orderly, night guard, etc. 96 Chapter-VII: Mineral Concession, Fees and Royalty 7.4.13 Internal control mechanisi Every department is...............
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....
CHAPTER II Performance reviews relating to Statutory Corporations Himachal Pradesh State Electricity Board 2.1 Power Generation Activities Executive Summary Power is an essential requirement for all of power, the State had to purchase power facets...
3.9 Non-recovery of lease rent of property rented out to a Private Company Failure on the part of the Board to initiate effective steps to recover the lease rent of its property rented out to Jaiprakash Hydro Power Private Limited led to non-recovery of lease rent amounting to 3.95 crore since...............