Audit Reports

The eligible entrepreneurs were given a loan of 50 per cent of the cost of immovable assets and 10 per cent of the working capital subject to a maximum of `40,000 to general category and `60,000 to SC/ST applicants. In addition to interest of 11.75 per cent per annum, the loan attracts penal.........

(Paragraphs 2.1 to2.16) III Performance Reviews 1 Asset Management by Local Self Government Institutions The assets of LSGIs included movable and immovable assets, remunerative and non-remunerative assets historically owned by them and those acquired or created from time to time. Government,.........

(Paragraphs 2.1 to 2.16) Audit Report(LSGIs) for the year ended 31 March 2005 viii III Performance Reviews 1 Assessment and collection of property tax in the Municipal Corporation of Cochin Property tax is a major source of revenue of the Corporation. Audit review revealed inadequacy.........

The Panchayat did not m aintain Arrear Dem and Register for property tax and profession tax - due to which the correctness of dem and, collection and balance statem ent could not be verified. Register of Receipts and Register of Payments 2.2.6 Veliyanadu Block Panchayat did not m aintain.........

showed financial reporting issues, viz (a) non preparation of budget estimates, (b) non-maintenance of registers such as stock register,immovable property register, work register, muster roll register, etc, (c) improper maintenance of accounts of own resources and grant-in-aid/loans,(d).........

Section 88(3) of the Municipalities Act, 1968 provided that a Council may lease its immovable property for a period not exceeding three years with appropriate annual rate of increase in rent . Based on these provisions , the CCP and MCs le ase out their various premises to traders for.........

This Annual Technical Inspection Report contains four chapters. The first and second chapters contain an overview and observations of Audit on the accounts and finances of Urban Local Bodies. The third and fourth chapters contain an overview and...

CCP continued to accept the old lease rent. The Goa Municipalities (Amendment) Act, 1996 provided that in respect of immovable property of a Council where the lease has already expired and the leases are not renewed, the Councils may renew the leases at such rate of rental, which shall not.........

Expenditure was incurred without approval of budget estimates. Important registers like stock register, immovable property register, works register, muster roll register, etc were not maintained. Reconciliation between cash books and bank pass books at the close of the year was not carried out..........

“Paragraph 1.9.1” PRIs did not maintain important registers like stock register, immovable property register, works register, muster roll register, etc. “Paragraph 1.9.2” A difference of ` 5.09 crore between cash books and pass books at the close of the year 2009-10 remain unreconciled.........