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by almost 38 per cent (Rs 8862.45 crore) as compared to the normative projections of Rs 23281.60 crore made by Twelfth Finance Commission (State budget: Rs 16222.83 crore). Non Tax Revenue (Rs 4966.39 crore), on the other hand, was higher than both the TFC projections (Rs 3360.61 crore) and............
TABLE OF CONTENTS Paragraph Page CHAPTER-I – FINANCES OF THE STATE GOVERNMENT CHAPTER-II – FINANCIAL MANAGEMENT AND BUDGETARY CONTROL CHAPTER-III – FINANCIAL REPORTING CHAPTER I FINANCES OF THE STATE GOVERNMENT Profile of Tamil Nadu Appendix 1.1 per cent per............
The revenue deficit of the State was 2,728 crore (0.50 per cent of GSDP) during 2010-11. 1.1.3 Budget Analysis The budget papers presented by the State Government provide descriptions of projections or estimations of revenue and expenditure for a particular fiscal year. The importance of............
Manufacturing Others (87.14) (70.44) (11.26) (6.77) (3.71) (12.38) (5.92) (2.38) (Figures in brackets show the percentage of total investment) Budgetary outgo, grants/subsidies, guarantees and loans 1.4 The details regarding budgetary outgo towards equity, loans, grants/ subsidies,............
117 Annexure-2 Summarised financial results of Government companies and statutory corporations for the latest year for which accounts were finalised (Referred to in paragraphs 1.6) (Figures in column 5 (a) to 6(d) are rupees in crore) SI Sector and name of the Period of Year in Net Profit / Loss............
overcoming problems in operating units caused due to generic defects, design deficiency and ageing by re-equipping, modifying, augmenting them with latest technology/systems. R&M activities are undertaken in TPS operating at Plant Load Factor (PLF3) of 40 per cent and above after assessing the............
31,480.07 investments of Rs. 27.60 crore were crore for 2008-09 as per their latest finalised controllable with better management. Thus, accounts. This turnover was equal to 7.86 per there is tremendous scope to improve the cent of the State GDP indicating a moderate role functioning and............
(6.76) (3.55) (4.67) (Figures in brackets show the percentage of total investment) Audit Report (Commercial) for the year ended 31 March 2009 4 Budgetary Outgo, Grants/subsidies, guarantees and loans 1.10 The details regarding budgetary outgo towards equity, loans, grants/ subsidies,............
Further, payment of DPS through book adjustment was carried out by the Government from its budgetary fund and no cash payment was made by the Board from its own resources for which they can claim from the ultimate consumers. The reply does not address the fact that adjustment of receivables from............
in committed expenditure, borrowing pattern and a brief account of Central funds transferred directly to the State implementing agencies through off budget route. Chapter II is based on audit of Appropriation Accounts and gives the grant-by-grant description of appropriations and the manner in............
The fiscal management principles enshrined in the Fiscal Responsibility and Budget Management (FRBM) Act calls upon the State Government to ensure transparency in setting and implementation of fiscal policy, stability and predictability in policy making process, improve the management of............
Total 7426.92 Audit Report on State Finances for the year ended 31 March 2013 Appendix 1.4 Statement showing the policy initiatives taken up in the Budget 2012-13 (Reference: Paragraph 1.4.4, Page 9) Sector Major Policy Initiatives of the State Budget 2012-13 Action taken During 2012-13, a sum............
of audit, provides a synopsis of significant audit observations, a brief analysis of the expenditure of the Government for the last three years, budget and expenditure controls of the Government, response of Government to draft paras/reviews and follow up action on Audit Reports. Chapters 2............
agency, the State Government paid the scheme funds to SUDA for depositing into its Local Fund (LF) account or bank account in order to avoid lapse of budget grants. Thus, in Government accounts, the scheme funds were booked as spent even though the same remained parked with SUDA. These funds were............
Chapter-3- Compliance Audit 3.1 Audit of non-compliance with rules and regulations For sound financial administration and financial control it is essential that expenditure conforms to financial rules, regulations and orders issued by the competent ...
The department surrendered large amounts due to incorrect budget estimation; ninety five per cent graduate and post graduate colleges did not have proper infrastructure for imparting quality education. Colleges were short of regular teachers to the extent of 49 per cent during 2004-09............
Appendices Appendix-2.1.1 (Reference: paragraph 2.1.3; pagel2 ) Period of charges held by District Judges and DDOs in office of DJ, Ghaziabad SI. District Judge Period SI. DDOs Period No. S/Shri No. S/Shri 1 R. P. Mishra 9.3.1999 to 30.6.02 1....
of buildings 3.4 132 Loss of interest 3.5 134 CHAPTER IV: REVENUE SECTOR General 4.1 137 Trend of revenue receipts 4.1.1 137 Variations between the budget estimates and actuals 4.1.2 138 Cost of collection 4.1.3 140 Analysis of arrears of revenue 4.1.4 140 Arrears in assessment 4.1.5 141 Evasion............
4.1.2 Variation between the revised budget estimates and actuals The variations between the revised budget estimates and actuals of revenue receipts under the principal heads of Tax and Non-Tax revenue for the year 2011-12 are mentioned in the following table: Audit Report for the year............
on the finances of the Government of Punjab is brought out to assess the financial performance of the State during the year 2013-14 vis-a-vis the Budget Estimates and the targets set under the Fiscal Responsibility and Budget Management Act, 2003 as amended and analyses the dominant trends and............
69 Audit Report on State Finances for the year 2013-14 Appendix 1.3 (Referred to in paragraph 1.1.2, page 2) Punjab Fiscal Responsibility and Budget Management (FRBM) Act, 2003 The Government of Punjab had enacted the Punjab Fiscal Responsibility and Budget Management Act, 2003 to ensure............
This Report contains 34 paragraphs involving RS 228.02 crore, including two Performance Audits on 'Levy and Collection of Value Added Tax on Works Contract' and 'Receipts from Minor Minerals'. The total revenue receipts of the Government of...
7.4.7 Trend of Revenue As per paragraph 10.1 of Section 2 and paragraph 11.1 of Section 2A of the Budget Manual Volume-I, Estimating Officers of revenue earning departments are responsible for preparation of estimates of revenue expected to be received during the ensuing financial year............