Audit Reports

Audit noticed that even though the SGST D has developed an online database, the data entry process is not yet completed. In the case of the Registration department, the d atabase is not properly maintained and the process of correcting errors in the database is going on. In the other selected..................

 Printing of e -stamps be permitted online only and number of prints may be restricted to one. Provision may be made for issue of revised e -stamp in cases were additional stamps are required. Provision for recording the serial number of the e -stamp has to be made in OPEN PEARL .  Steps..................

According to Para 7.3.16 of the Kerala Public Works Account Code, if any plant or machinery which is serviceable is not required for immediate use on any work in any Division, it shall be sold and if any plant is cons idered unserviceable, it shall be condemned with the sanction of the..................

company’s profitability and the efficiency with which its capital is used and is calculated by dividing company’s earnings before interest and taxes by capital employed. Return on Equity is a measure of performance calculated by dividing net profit aft er tax by shareholders’ fund. 6 The..................

The reply confirmed that there was absence of technical analysis which hindered online monitoring of sales in retail outlets. WAREHOUSING CORP decided (July 2017) to use the existing Tally financial accounting package even after implementation of the ERP system. Hence, generation and export..................

(Paragraph 2.10) Overview Page 9 Incomplete transfer of Profession Tax to Greater Visakhapatn am Municipal Corporation GVMC could not receive an amount of 218.23 crore towards its share in Profession Tax (PT) collections in its jurisdiction as per the devolution provided i n the AP Tax on..................

It assumes significance when compared with the conventional Rate of Return (RoR), which is calculated by dividing the Profit After Tax (PAT) b y the sum of all such investments counted on historical cost basis. Investment for this pur pose included equity, interest free loans, subsidies and..................

As per Para 12(d), all Gram Panchayats, Municipalities and Corporations shall collect an additional cess of three per cent on all property taxes, proceeds of which shall be credited to the respective Sports A uthorities for expending within the same area During 2015- 19, no amounts in the form..................

184.72 Dr. 167.49 Dr. 141.80 110- RBI suspense central accounts office Dr. 10.14 Dr. 10.14 --- 0.00 112- Tax deducted at source (TDS) suspense Cr. 21.06 Cr. 41.66 Cr. 29.30 123- A.I.S officers Group Insurance Scheme Cr. 0.23 Cr. 0.24 Cr. 0.24 129- Material purchase settlement suspense accounts..................

Statement of cases where re-appropriation proved un necessary, excessive or insufficient resulting in savings/exce ss of more than ` 50 lakh in each service of account during 2018-19 2.10 125 Department-wise and year-wise break up of outstandi ng AC Bills drawn upto 31 March 2019 but remained..................

While it could not achieve the projections with regard to it s own tax revenue, other key parameters like non-tax revenue, outstanding liabilities to GS DP ratio and growth of GSDP improved significantly as compared to the projections made i n the MTFP, as the non-tax collection and growth rate..................

CHAPTER – I GENERAL 1.1 Trend of Revenue Receipts Revenue Receipts of the State comprise the following:-
Tax and non-tax revenues raised by Government of Me ghalaya,
State’s share of net proceeds of divisible Union taxes and duties assigned to the..................

CHAPTER – V FOREST & ENVIRONMENT DEPARTMENT 5.1 Tax Administration Meghalaya ranks fourth among the states in terms of percentage of forest cover in the country. The forest and tree cover of the..................

CHAPTER – VI STAMPS & REGISTRATION DEPARTMENT 6.1 Tax Administration The Stamps & Registration Department is responsible for collection of revenue under the Indian Stamps Act, 1899 and the Indian..................