Audit Reports

The University invested funds in Fixed Deposits in both the Government Treasury and with the SBI and its subsidiaries. The University was unable to provide any documents showing the approval of Government for investing funds in SBI and its subsidiaries. Further, Audit observed th at during the.........

0.04 Market Loans not bearing interest 0 5.93 Loans from Life Insurance Corporation of India 5.93 427.25 Loans from NABARD 428.56 0.11 Loans from SBI and other Banks 0.11 6.12 Loans from National Co-operative Development Corporation 6.12 631.45 Special Securities issued to National Small.........

of the Government depar tments, the Principal Accountant General (Audit), Punjab issues the Inspe ction Reports (IR) to the head of offices audited, with copies to the next hi gher authority. The executive authorities are expected to promptly rect ify the defects and omissions pointed.........

It constitutes mainly Internal l oans from financial institutions (GIC, LIC, SBI, NABARD, etc. ) ` 3,776.57 crore (6.61 per cent ) and Back-to-Back loans form GoI in lieu of GST comp ensation ` 2,316 crore (4.06 per cent ). Of the total outstanding public debt, internal debt consisting of.........

It constitutes mainly Internal l oans from financial institutions (GIC, LIC, SBI, NABARD, etc. ) ` 3,776.57 crore (6.61 per cent ) and Back-to-Back loans form GoI in lieu of GST comp ensation ` 2,316 crore (4.06 per cent ). Of the total outstanding public debt, internal debt consisting of.........

short transfer was mainly due to return/rejection of some instruments by the bank due to various reasons and the matter is regularly pursued with the SBI, West Guwahati Branch. It is evident from the table above that the short transfer of Cess mainly pertained to the period 2013-14 to 2016-17.........

crore Total interest paid on working capital loan and encashment of FDs = ₹ 6.18 crore + ₹ crore =₹85.69 crore * 204 Rate of interest of SBI as on 22/2/2019 for duration of more than 211 days to less than one year 186 Annexure 3.7 A-Interest Calculation on ₹ 2,300 crore (Reference.........

to ₹ 406.49 crore collected duri ng 2020 -21 was kept outside the Government Account in the shape of Fixed Deposits and Flexi savings account at SBI, Govt. Treasury Branch, in violation of constitutional provisions and Sub Section (2) of the Section 3 of the Building and Other Construction.........

( ` 8.20 crore as employees’ contribution + ` 8.21 crore as Government contribution) out of this amount in Public Account to a Savings Account at SBI Itanagar branch, leaving a balance of ` 23.62 crore as on 31 March 2020 yet to be transfer red. As of 01 April 2019, the current account (in.........

of  ` 0.50 crore to the dealers by not charging any interest (Annexure–9), assuming interest at current Primary Lending Rate of SBI (April 2018) of 13.45 per cent . The Government did not offer any reply to this issue. WBTIDCL failed to match the data regarding subsidy.........