Audit Reports

Actual turnover for the years 2014-15 and 2015-16 was short of annual budgeted targets by 32.13 per cent and 19.43 per cent, respectively. 1.4 Organisational setup The management of BHEL is vested in a 16 member Boa rd of Directors consisting of six full-time Functional Directors 5............

The balance 81.75 per cent of receipts during 2015-16 was from the Government of India. 1.1.2 The following table presents the details of Budget Estimates (BE) and actual tax revenues raised during the period 2011-12 to 2015-1 6: 1 For details, please see Statement No. 14 - Detail ed............

3.2.3. Non-monitoring post-VCES compliance In Budget 2013 speech the Finance Minister disclose d that while there were nearly 17 lakh registered assessees under service t ax, only about seven lakh filed returns. He therefore proposed to introduce voluntary compliance 15 Ahmedabad ST, Bengaluru............

banking, insurance and finance etc. The latest amendment was done by Fina nce Act 2016 which is effective from 1 April 2017 by which the units loca ted in an international financial services centre and deriving income solel y in convertible foreign exchange were also brought within the ambit of............

Every year the provisional quarterly bills of subsi dy by FCI, are submitted to the GoI based on the approved Budget Estimate 12. As per GoI’s instructions, the Ministry is to release 95 per cent of the estimated food subsidy to FCI during the re levant financial year and balance five per cent............

Audit Report No. 33 of 2017 is on the Performance Audit Report on Planning and Implementation of Phase III Expansion Project of Mangalore Refinery and Petrochemicals Limited. Mangalore Refinery and Petrochemicals Limited, in the year 2006, decided...

15 Planning 3.2 17 Enlistment of contractors 3.3 19 Lack of data base of contractors 3.4 21 CHAPTER – 4 FINANCIAL MANAGEMENT AND REVISION OF S O R Budget provision and expenditure 4.1 23 Deduction of labour welfare cess 4.2 27 Performance Audit Report on Contract Management in Road Works for............

audit plan is prepare d on the basis of risk analysis which inter-alia includes critical issues in Government Revenue and tax administration i.e. budget speech, white paper on state finances, Repor ts of the Finance Commission 2 “Performance Audit on Forest Receipts” - a standa lone............

instead of DI pipes 84 4.7 Excess expenditure due to entrustment of additional road works to the same contractor 87 5.1 (A) Avadi Municipality - Budget variances for the y ears 2013-14, 2014-15 and 2015-16 88 (B) Maraimalai Nagar Municipality - Budget variance s for the years 2013-14, 2014-15............

Management 1.10 38 Fiscal Imbalances 1.11 39 Follow -up action by State Government 1.12 43 Conclusion 1.13 43 CHAPTER -II - FINANCIAL MANAGEMENT AND BUDGETARY CONTROL Introduction 2.1 47 Summary of Appropriation Accounts 2.2 47 Financial Accountability and Budget Management 2.3 49 Review of............