Audit Reports

Appropriation Accounts detail the accounts related to expenditure of IR for a particular year as compared to the appropriations for different purposes as specified in the schedules appended to the Appropriation Act passed by Parliament. These Accounts list the original budget allocation,...............

heads of accounts operated in Government Accounts to reflect transactions of receipts and payments which cannot be booked to Final Head of accounts due to lack of information as to their nature or for other reasons. These heads of accounts are finally cleared, when the amount under them is...............

(' in crore) Railway Balance as on 31st March of the year Outstanding Balance as shown As per Account Current figures Balance as As per As reported Difference in Balance Sheet on Accounts by Railways of 2012-13 31.03.2014 O/B Debit Credit Net Central 27.59 8998.62 8903.73 94.89 122.48 122.48...............

Glossary of Terms Glossary of Terms Terms Description 17-Zones of Indian Central Railway (CR), Eastern Railway (ER), East Railways Central Railway (ECR), East Coast Railway (ECoR), Northern...............

Audit of Public Sector Enterprises Under Section 619 of the Companies Act, 1956, the auditor (statutory auditor) of a government company including deemed government company, appointed by the CAG, conducts the audit of accounts of these companies. On the basis of supplementary audit conducted...............

Corporate Governance is a way of directing and controlling companies. It is concerned with the morals, ethics, values, parameters, conduct and behaviour of the company and management. It is the system by which companies are directed and controlled by the management in the best interests of the...............

Central Public Sector Enterprises 1.1 Introduction This Report presents the financial performance of government companies, statutory corporations and deemed government companies. The term Central Government Public Sector Enterprises (CPSE) encompasses the government owned companies set up under...............

The department had set a standard for settling the refund claims in 4-6 months. Our analysis, however, showed that refunds were processed in an average time of 10 months after submission of the claim. The time taken was much higher than the international standards ranging from 24 days to...............

ReportNo. 7of2009-10 (Performance Audit) CHAPTER 5 Accuracy of advice Refunds have been adjusted without proper determination of outstanding demands of the assessees. Inaccuracy in refund determination has led to undercharge of tax of Rs. 135.8 crore. 5.1 We...............

/-\ Chapter 2 V_y Comments on Accounts Comments relating to significant deficiencies in the presentation (accuracy, completeness and transparency) of the union accounts are given in the succeeding paragraphs. The...............

/-\ Chapter 3 V_) Appropriation Accounts: 2011-12 3.1 Constitutional provisions Soon after the Lok Sabha passes the Demands for Grants under Article 113 of the Constitution of India, the Government introduces an Appropriation Bill under Article 114 to provide for...............

( \ Chapter 5 V_/ REVIEW OF SELECTED GRANTS This chapter contains detailed analysis of the Appropriation Accounts of selected grants covering a period of three years from 2009-10 to 2011-12. The analysis...............

The Finance Accounts depict the statements of receipts into and payments from the Consolidated Fund, Contingency Fund and Public Account, while the Appropriation Accounts depict the budget provision, expenditure and the resultant excess/savings under each grant/appropriation. Box 1.1: Union...............

f-\ Chapter 4 V_/ Appropriation Accounts: Comments on Accounts 4.1 Incorrect authorisation obtained from Parliament for expenditure in Grant No. 25 - Defence Ordnance Factories Article 114 of the Constitution of India states that a hill will be introduced ‘to provide for the appropriation out of...............

Taxes - Customs) CHAPTER III OBLIGATION OF EXPORTERS AVAILING OF BENEFITS OF ROMOTIONAL MEASURES 3.1 In this and the subsequent chapters we have discussed compliance issues and their impact i.e. cases of non-compliance with the applicable Acts/rules/notifications/procedures by the executive...............

of jewellery falling under chapter heading 7113, on which brand name or trade name is indelibly affixed or embossed is chargeable to central excise duty of two per cent ad-valorem and education cess of two per cent thereon. Chapter note no. 12 provides that, ‘brand name’ or ‘trade...............

9.1 Hotels L&DO had allotted land to 21 hotels. However, on Audit's request for information relating to outstanding ground rent and other dues, L&DO provided partial details in respect of only eleven hotels. Out of these, an a mount of Rs. 516.19 crores on account of dues recoverable was...............

RECEIPTS OF L&DO 4.1 Trends in Receipts The receipts of the L&DO comprise of ground rent for lease properties, lease conversion charges, damage/misuse charges and other miscellaneous receipts. The position of receipts over the last six years is depicted below: Chart 3 - Total Receipts Chart 4 -...............

Report No. 3 of2009-10 3 Handling Operations All the 11 major ports had facilities to handle different types of cargo and they handled 530 MT of cargo in 2008-09. Cargo Handling in The nature of cargo was categorised into East Coast Ports...............

Report No. 3 of2009-10 6 Schemes undertaken 6.1 National Maritime Development Programme Government of India had formulated the National Maritime Development Programme (NMDP) in 2006 to facilitate enhanced private...............

10 Convergence with Other Programmes 10.1 Prescribed Procedures MoRD has issued detailed guidelines for convergence between MGNREGA and various other programmes; e.g. Integrated Watershed Management Programme (IWMP) - This...............

State Government may establish a State Employment Guarantee Fund as a revolving fund, as also similar revolving funds at the District, Block and GP levels. State Government should design a complete Financial Management System for the transfer and use of funds, to ensure transparency,...............

Guarantee Act (MGNREGA)1 was enacted in September 2005, and implemented in a phased manner between February 2006 and April 2008 in all rural districts of the country. The Act aims at enhancement of livelihood security of the households in rural areas of the country, by providing at least...............

Prescribed Requirements/Procedures The Act and MoRD’s Operational Guidelines stipulate the following: Applications for work (for at least 14 days of continuous work) may be submitted by adult members of registered households to the GP in writing; a dated receipt for the application for...............

Every State Government is required to formulate a State Employment Guarantee Scheme (EGS), conforming to the legally non-negotiable parameters laid down in the Act. The State Government is also required to constitute a State Employment Guarantee Council (SEGC) for regular monitoring and...............

sets of records critical to establishing provision of employment and creation of assets (the two key objectives of the Act) are the job card (where details of work provided and done and amount paid must be recorded) for each household and the Muster Rolls (MR) and Measurement Books (MB) for each...............