Audit Reports

The issues discussed above have been raised reg ularly in CAG’s Audit Reports (Revenue Sector) of the previous years. The Department should take proactive action to avoid recurrence of these persistent irregularities in all the offices. Mining Receipts 2.6 Tax administration At the.........

as well as significant comments 1 issued as a result of sole audit/ supplementary audit conducted by the Comptroller and Auditor General of India ( CAG ) on the financial statements of the SPSEs for the year 2019 -20 (or of earlier years which were finalised during the current year) have also.........

The Statutory Auditors (Chartered Accountants) appointed by the CAG certify the accounts of such companies which are subject to supplementary audit by the CAG. The CAG gives his comments on or supplements the report of the Statutory Auditors. The Companies Act, 2013 empowers the CAG to issue.........

were 42 State Government Companies (hereinafter referred as SPSEs) including four Government Controlled Companies under the audit jurisdiction of the CAG of India. In the context of the policy of the government to grant more autonomy to the Government Companies , Corporate Governance has assumed.........

2 3) Statement showing name of SPSEs wherein comments of the CAG on financial statements were issued during the reporting period Sl. No . Name of SPSE Financial Statement Year 1. Rajasthan Rajya Vidyut Prasaran Nigam Limited 2019 -20 2. Jaipur Vidyut Vitran Nigam Limited 2019 -20 3. Jodhpur.........

Contingency Fund of the State (Article 267(2) of the Constitution of India) 3. Public Accounts of the State (Article 266(2) of the Constitution) Revenue receipts Revenue expenditure Capital Receipts Debt receipts Non-debt receipts Capital Expenditure Chapter I – Overview State Finances.........

No. Particulars 2011-12 to 2019-20 2019-20 to 2020-21 CAGR General Category States Bihar General Category States Bihar a. 3.17 2.12 2.55 c. 23.38 67.62 d. 4.16 4.54 14.27 e. 47.99 f. Education 11.55 1.66 g. 12.73 14.51 24.22 2.35 2.27 i. of Pension 6.75 68 GSDP = Gross State Domestic Product. 69.........

No Abbreviation Full Form 1 A&E 2 AC 3 AE Aggregate Expenditure 4 AG 5 BBM 6 BE Budget Estimates 7 8 9 BTC 11 CAG 12 13 CE 14 DC 15 16 DE 17 18 ES Economic Services 19 GDP Gross Domestic Product 21 GIA 22 23 Government of India 24 GS 25 GSDP Gross State Domestic Product 26 GST Goods and Service.........

The compensation payable to the State shall be c alculated for every financial year after the receipt of final revenue figure, as audited by the CAG of India. A base year (2015 -16) revenue figure of taxes subsumed under GST was finalised under GST Act. In Tamil Nadu, the revenue realised.........

the year ended 31 March 2020 122 Appendix - 1.2 Compounded Annual Growth rate of Financial paramet ers (Reference: Para 1.4.1; Page 8) Particulars CAGR Growth during 2019-20 over 2018-19 2010-11 to 2018-19 2014-15 to 2018-19 GCS Maharashtra GCS Maharashtra GCS Maharashtra (in per cent ) A.........

These accounts are audited independently by the Accountant General (Audit) and certified by the CAG. 2015-16 2016-17 2017-18 2018-19 2019-20 Agriculture 230.4 -1.2-2.8 3.1 Industry 7.2210.4 7.83.3 Service 10.512.611.613.1 7.6 2 30.4 -1.2-2.8 3.1 7.2 210.4 7.8 3.3 10.5 12.6 11.6 13.1 7.6 -5 0 5.........

Tax (GST) having taken place, it is essential for Audit to transition from sample checks to a comprehensive check of all transactions, to fulfil the CAG’s Constitutional ma ndate of certifying the Accounts. The GoI’s decision to provide access to Pan-India data at GSTN premises was conveyed.........

The CAG of India conducts the audit of appropriatio ns to ascertain whether the expenditure actually incurred under various grants is in accordance with the authorization given under the Appropriation Act and that the expe nditure required to be charged under the provisions of the.........

General of India (CAG) is derived from Article 149 of the Constitution of India and the s (Duties, Powers and Conditions of Service) Act, 1971. CAG conducts a udit of expenditure and receipts of the Departments in UT of Puducherry under Sections 13 1 and 16 2 of CAG's (DPC) Act. CAG is the.........

Government of India (GOI) constituted Standing Fire Advisory Committee (SFAC) in 1955, to examine the technical problems rel ating to Fire Services and to make recommendations including standardisation of fire fighting equipment. Further, to improve fire fighting capabilities in the country,.........

ATN Action Taken Notes BG Bank Guarantee BPCL Bharat Petroleum Corporation Limited BSNL Bharat Sanchar Nigam Limited CAB Central Autonomous Bodies CAG Comptroller and Auditor General of India CAGR Compounded Annual Growth Rate CBIC Central Board of Indirect Taxes and Customs CDRRP Coastal.........