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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....
The Report includes three Chapters containing five reviews and 18 paragraphs. Chapter 1 deals with the findings of performance audit in various departments while Chapter II deals with the findings of audit of transactions in the various departments...
This Report contains 47 paragraphs including three reviews relating to non/short levy of tax, penalty, interest etc. involving Rs. 5,743.47 crore. Some of the major findings are mentioned below. The total revenue receipts of the Government of...
In response to the Twelfth Finance Commission's recommendations, the Bihar Government enacted its Fiscal Responsibilities and Budget Management (FRBM) Act, entitled the Bihar Fiscal Responsibility and Budget Management Act, 2006 with a view to...
This Report includes three chapters containing performance audit reports of four selected programmes/schemes, 19 transaction audit paragraphs and an integrated audit report of the Disaster Management Department. The audit has been conducted in...
This Report contains 29 paragraphs including four reviews relating to non/short levy of taxes, fees, interest and penalty etc., involving Rs. 1,155.59 crore. Some of the major findings are mentioned below: The total receipts of the State for...
This Report includes important Audit findings noticed as a result of test check of accounts and records of Central Government Companies and Corporations conducted by the officers of the C&AG of India under Section 619(3) (b) of the Companies...