Audit Reports

1 Chapter–I General 1 Chapter-I General 1.1 Trend of revenue receipts 1.1.1 The tax and non-tax revenue raised by the Governme nt of Punjab, the State’s share of net proceeds of divisible Union ta xes and duties assigned to States and...

21 Chapter-II Taxes/VAT on Sales and Trade 21 Chapter-II Taxes/VAT on Sales and Trade 2.1 Tax administration The Financial Commissioner Taxation and Principal S ecretary to the Government of Punjab is overall in-charge of the De partment of State...

21 Chapter-III State Excise 31 Chapter-III State Excise 3.1 Tax administration The Financial Commissioner Taxation and the Princip al Secretary to the Government of Punjab is overall in-charge of the Ex cise and Taxation Department. The...

Chapter-V Taxes on Vehicles and Other Tax Receipts 47 Chapter-V Taxes on Vehicles and Other Tax Receipts 5.1 Tax administration This Chapter relates to receipts from Taxes on vehi cles and Land Revenue. The overall charge of the Transport Department ...

Overview 1 Overview Report No. 3 of the year 2021 (Revenue Sector) 2 v Overview This Report contains one Subject Specific Compliance Audit on “Remissions from payment of stamp duty and registration fee” an d 12 paragraphs relating to non/short...

i Table of contents Description Reference to Paragraph Page Preface -- iii Overview -- v-vii Revenue Sector Chapter-I: General Trend of revenue receipts 1.1 1-9 Analysis of arrears of revenue 1.2 9-11 Arrears in assessment 1.3 11 Evasion of tax...

Chapter-IV Corporate Governance 45 CHAPTER - IV Corporate Governance 4.1 Introduction 4.1.1 Need for Corporate Governance Corporate Governance is a system of structuring, op erating and controlling an organisation with a view to achieving long term...

Chapter-V Corporate Social Responsibility 61 CHAPTER - V Corporate Social Responsibility 5.1 Introduction The primary objective of Corporate Social Responsibility (CSR) is to promote responsible and sustainable business philosophy at a broad level...

Chapter-I Financial Performance of State Public Sector Enterprises (Power Sector) 7 CHAPTER - I Financial Performance of State Public Sector Enterprises (Power Sector) 1.1 Introduction As on 31 March 2020, there are five 1 Power Sector State Public...

Chapter-II Financial Performance of State Public Sector Enterprises (other than Power Sector) 21 CHAPTER - II Financial Performance of State Public Sector Enterprises (Other than Power Sector) 2.1 Introduction There were 44 1 State Public Sector...

Chapter-III Oversight role of CAG 37 Chapter - III Oversight role of CAG 3.1 Audit of State Public Sector Enterprises (SPSEs) Comptroller and Auditor General of India (CAG) appo ints the Statutory Auditors of a State Government Company 1 and State...

Chapter-VI Impact of implementation of Indian Accounting Standards (Under Phase-I & II) in State Public Sector Enterprises 73 CHAPTER - VI Impact of Implementation of Indian Accounting Standards (Under Phase-I & II) in State Public Sector...

iii TABLE OF CONTENTS Description Reference to Paragraphs Page No. Preface vii Executive Summary ix - xii Introduction Introduction 1 1 Accountability framework 2-3 2 Submission of accounts by SPSEs 4-5 3 - 4 Investment by Government of Punjab in...

Executive Summary ix Executive Summary This Report deals with the financial performance of Government Companies and Statutory Corporations of the Government of Pun jab for the year ended 31 March 2020: 1. Financial Performance of State Public Sector ...

Introduction 1 Introduction Purpose of the Report 1. This Report presents the financial performance of S tate Public Sector Enterprises (SPSEs) (State Government Companies, St atutory Corporations and Government Controlled Other Companies) set up u...

Chapter-II Financial Turnaround 9 Chapter-II : Financial Turnaround 2.1 Introduction The UDAY guidelines/MoU stipulate financial and operational efficiency parameters to be monitored for time-bound improveme nt. The targeted activities under...

Chapter-III Operational Efficiency 29 Chapter-III : Operational Efficiency 3.1 Introduction The UDAY guidelines/MoU stipulated monitoring of operational efficiency parameters for time-bound improvement. The targeted activities under these parameters ...

Chapter-I Introduction 1 Chapter-I : Introduction 1.1 Introduction The Punjab State Electricity Board (Board) was a ve rtically integrated agency responsible for generation, transmission & distribu tion of electricity in the State. As part of power...

Executive Summary vii Executive Summary Ministry of Power, Government of India (GoI) launched (20 November 2015) Ujwal Discom Assurance Yojana (UDAY) scheme for fin ancial and operational turnaround of the State owned Distribut ion Companies with...

Annexure 43 Annexure-1 (Referred to in Paragraph 2.4.1) Statement showing Aggregate Technical and Commercia l losses of Distribution divisions of Punjab State Power Corporation Limited during the period 2015-16 to 2019-20 Sl. No. Name of Division...

Chapter-IV Conclusion and Recommendations 39 Chapter-IV: Conclusion and Recommendations 4.1 Conclusion The Performance Audit covered the implementation of the Scheme in order to examine whether the directives pertaining to financ ial and operational ...

Appendices 137 Appendix 1.1 (Referred to in paragraph 1.1; page 1) Profile of Punjab A. General Data Sr. No. Particulars Figures 1. Area 50,362 sq km 2. Population as per 2011 Census 2.77 crore 3. Density of Population (as per 2011 census) 551...

Chapter-V State Public Sector Enterprises 119 Chapter-V State Public Sector Enterprises This chapter discusses the financial performance of Government Companies, Statutory Corporations and Government Controlled Ot her Companies (GCOCs). Impact of...

Chapter-IV Quality of Accounts and Financial Reporting Practices 101 Chapter-IV Quality of Accounts and Financial Reporting Practices A sound internal financial reporting system with relevant and reliable information significantly contributes to...

Chapter-III Budgetary Management 77 Chapter-III Budgetary Management 3.1 Budget Process In compliance with Article 202 of the Constitution of India, in respect of every financial year, a statement of the estimated receip ts and expenditure of the...

Chapter-I Overview 1 Chapter-I Overview 1.1 Profile of the State Punjab is predominantly an agrarian State. The Stat e is located in the north-western corner of India. It spreads over a ge ographical area of 50,362 sq. km. and ranks 20 th among...

i Table of Contents Description Reference to Paragraph Page Preface vii Executive Summary ix-xiii Chapter-I: Overview Profile of the State 1.1 1-2 Basis and Approach to State Finances Audit Report 1.2 3 Report Structure 1.3 4 Overview of Government...

Executive Summary ix Executive Summary Background This Report on the finances of the Government of Punjab is brought out to assess the financial performance of the State during the y ear 2020-21 vis-à-vis the Budget Estimates and the targets as...

vii Preface This Report has been prepared for submission to the Governor of the State of Punjab under Article 151(2) of the Constit ution of India. Chapter I describes the basis and approach to the R eport and the underlying data, provides an...

Chapter-III Quality of Higher Education 33 Chapter-III Quality of Higher Education This chapter discusses societal perspective of high er education outcomes in terms of teaching-learning processes and research c apabilities of Higher Education...

Chapter-IV Governance and Management 71 Chapter-IV Governance and Management 12 th FYP states that governance reforms were critical to achieve the outcomes of expansion, equity and excellence in higher educa tion, and to enable institutions to have...

Chapter-II Access, Equity and Affordability in Higher Education 11 Chapter-II Access, Equity and Affordability in Higher Education Access to and equity in higher education have been widely regarded as the basic and key responsibilities of any...

Chapter-I Introduction and Audit framework 1 Chapter -I Introduction and Audit framework 1.1 Introduction Higher education 1 plays a vital role in the country’s overall develo pment. The Indian higher education system is the third largest in the...

Chapter-V Preparedness to implement National Ed ucation Policy 2020 89 Chapter-V Preparedness to implement National Education Policy 2020 Audit Objective 4: Whether the Department is prepar ed for implementation of National Education Policy 2020?...

Executive Summary vii Executive Summary The Report contains significant results of the performance audit on Outcomes of Higher Education in Punjab in respect of Higher Education schemes being implemented by Department of Higher Education, sele cted...

Chapter-II Social, General and Economic Sectors (Public Sector Undertakings) 9 Chapter-II Social, General and Economic Sectors (Public Sector Undertakings) Important audit findings emerging from test-check of transactions of State Government...

Chapter-III Social, General and Economic Sectors (Departments) 35 Chapter-III Social, General and Economic Sectors (Departments) PUBLIC WORKS DEPARTMENT (BUILDINGS AND ROADS) 3.1 Avoidable payment The Department’s failure to prepare realistic...

i Table of contents Description Reference to Paragraph Page Preface v Overview vii-xi Chapter-I Introduction Budget profile 1.1 1 Application of resources of the State Government 1.2 1-2 Persistent excess expenditure 1.3 2 Grants-in-aid from the...

Chapter-I Introduction 1 Chapter-I Introduction 1.1 Budget profile There are 41 departments, 49 autonomous bodies and 49 State Public Sector Enterprises (SPSE) in the State 1. The position of budget and expenditure incurred there-against by the...

Appendices 53 Appendices Appendix 1.1 (Referred to in paragraph 1.9; page 6) Details of performance audits/paragraphs of the Rep orts of the Comptroller and Auditor General of India on Public Sector Undertakings (Social, General and Economic...

Overview vii Overview This Report comprises two Chapters containing 20 compliance audit paragraphs pertaining to Social, General and Econom ic Sectors involving money value of ` 113.54 crore. Chapter-I is an introductory chapter, which contains...

Chapter-V Financial resources of Urban Local Bodies 39 Chapter-V Financial resources of Urban Local Bodies The Fifth SFC had observed that local bodies in Punjab continue to perform the same functions which they had been handling pri or to the...

Chapter-VI Human resources of Urban Local Bodies 59 Chapter-VI Human resources of Urban Local Bodies 6.1 Limited powers over human resources Adequate and qualified manpower is essential for the empowerment of Urban Local Bodies (ULB). Fifth SFC also ...

Chapter-II Audit Framework 5 Chapter-II Audit Framework The overall objective of this performance audit was to ascertain whether Urban Local Bodies (ULB) have indeed been empowered in te rms of funds, functions and functionaries to establish...

Chapter-III Compliance with provisions of Seventy-fourth Constitutional Amendment Act 7 Chapter-III Compliance with provisions of Seventy-fourth Constitutional Amendment Act 3.1 Comparison of provisions under 74 th CAA with State legislations The...

Chapter-III Process re-engineering for implementation of Direct Benefit Transfer 13 Chapter-III Process re-engineering for implementation of Direct Benefit Transfer 3.1 Financial management 3.1.1 Budget and expenditure The details of budget and...

Chapter-IV Infrastructure, organisation and management of Direct Benefit Transfer 39 Chapter-IV Infrastructure, organisation and management of Direct Benefit Transfer 4.1 State Direct Benefit Transfer Cell Paragraph 2.1 of Protocol Document on...

i Table of Contents Description Reference to Paragraph Page Preface v Executive Summary vii-xii Chapter-I: Introduction Background 1.1 1-2 Pre-requisites of Direct Benefit Transfer 1.2 2-3 Status of Direct Benefit Transfer in the State 1.3 3-5...

Executive Summary vii Executive Summary The Report contains significant results of the performance audit of Direct Benefit Transfer (Cash Transfer) in the Department of Social Security and Women and Child Development, and Department of Gove rnance...

Chapter-I Introduction 1 Chapter-I Introduction 1.1 Background Social Security is an integral part of the developm ent process and is designed to guarantee long term sustenance with a special fo cus on the vulnerable and marginal sections of the...

Chapter-II Audit Framework 7 Chapter-II Audit Framework 2.1 Selection of Department The Government of Punjab (GoP) had transferred an a mount of ` 14,432.79 crore under 94 different schemes across 13 departments through DBT (cash transfer) during...

Appendices 51 Appendix 1.1 (Referred to in paragraph 1.3; page 4) Department-wise details of total number of schemes, beneficiaries covered and expenditure incurred und er DBT (cash transfer) during 2017-2021 (up to July 2020) (` `` ` in crore) Sr....

Chapter-II Finances of the State 17 Chapter-II Finances of the State 2.1 Major changes in key fiscal aggregates vis-à-vis 2018-19 Major changes in key fiscal aggregates of the State during the financial year 2019- 20, compared to the previous year, ...

Chapter-IV Quality of Accounts and Financial Reporting Practices 97 Chapter-IV Quality of Accounts and Financial Reporting Practices A sound internal financial reporting system with relevant and reliable i nformation significantly contributes to...

Chapter-I Overview 1 Chapter-I Overview 1.1 Profile of the State Punjab is predominantly an agrarian State. The State is located in the north- w estern corner of India. It spreads over a geographical area of 50,362 sq. km and ranks 20 th among...

Chapter-III Budgetary Management 73 Chapter-III Budgetary Management 3.1 Budget Process In compliance with Article 202 of the Constitution of India, in respect of every financial year, a statement of the estimated receipts and expenditure of the...

Report No. 1 of the year 2021 - Social, General, Revenue and Economic Sectors (Non-PSUs) 8 Chapter - III Compliance Audit Part-I: Chapter II - Performance Audit 9 39 Chapter-III Compliance Audit CIVIL AVIATION DEPARTMENT 3.1 Non-realisation of...

Part-I: Chapter I - Introduction 7 Chapter - II Performance Audit Report No. 1 of the year 2021 - Social, General, Revenue and Economic Sectors (Non-PSUs) 8 7 Chapter-II Performance Audit SOIL AND WATER CONSERVATION, AND AGRICULTURE AND FARMERS’...

Appendices 153 Appendix 1.1 (Referred to in paragraph 1.8.2, page 5) Details of performance audits/paragraphs of the Rep orts of the Comptroller and Auditor General of India for which departmental replies were not received up to 31 Mar ch 2020 Sr....

121 Chapter - VI Forestry and Wild Life 121 Chapter-VI Forestry and Wild Life 6.1 Tax administration The Principal Secretary to the Government of Punjab is the overall in-charge of the Forest Department. The overall control and supe rintendence of...

1 PART - II Revenue Sector Report No. _ of the year 2021 - Social, General, Revenue and Economic Sectors (Non-PSUs) 2 3 Chapter - I General 73 73 Chapter-I General 1.1 Trend of revenue receipts 1.1.1 The tax and non-tax revenue raised by the...

Chapter - IV Stamp Duty 104 103 Chapter-IV Stamp Duty 4.1 Tax administration The State Government exercises control over the reg istration of instruments through the Inspector General of Registration, who is assisted by the Deputy Commissioners...

89 Chapter - II Taxes/VAT on Sales and Trade 90 89 Chapter-II Taxes/VAT on Sales and Trade 2.1 Tax administration The Financial Commissioner Taxation and Principal S ecretary to the Government of Punjab is overall in-charge of the De partment of...

Overview 1 Overview Report No. 1 of the year 2021 - Social, General, Revenue and Economic Sectors (Non-PSUs) 2 ix Overview This Report comprises two parts containing two performance audits and 28 paragraphs. Part-I pertains to Social, General a nd...

i Table of contents Description Reference to Paragraph Page Preface -- vii Overview -- ix-xv PART – I Social, General and Economic Sectors (Non-Public Sector Undertakings) Chapter-I: Introduction Budget profile 1.1 1 Application of resources of...

PART - I Social, General and Economic Sectors (Non-Public Sector Undertakings) Chapter - I Introduction 1 Chapter-I Introduction 1.1 Budget profile There are 40 departments and 42 autonomous bodies f unctioning in the State 1. The position of budget ...

99 Chapter - III State Excise 100 99 Chapter-III State Excise 3.1 Tax administration The Financial Commissioner Taxation and the Princip al Secretary to the Government of Punjab is overall in-charge of the Ex cise and Taxation Department. The...

Report No. 1 of the year 2021 – Social, General, Revenue and Economic Sectors (Non-PSUs) 122 Chapter - VII Other Tax and Non-Tax Receipts 149 Chapter-VII Other Tax and Non-Tax Receipts 7.1 Tax administration This paragraph related to receipts from ...

117 Chapter - V Taxes on Vehicles 117 Chapter-V Taxes on Vehicles 5.1 Tax administration The overall charge of the Transport Department vest s with the State Transport Commissioner (STC), Punjab, Chandigarh. There are 1 1 Regional Transport...