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25 per cent of the cost of material and wages for skilled and semi-skilled workers and also bears the total expenditure on unemployment allowance and compensation for delayed payment of wages to workers. GoI also provides up to six per cent of the total expenditure on MGNREGS in a financial year............
The State received compensation of ₹ 5,838 crore towards revenue loss due to Goods and S ervices Tax (GST) implementation, partly as Grants (₹ 3,527 crore) and partly as back-to-back loans (₹2,311 crore) from Government of India. The debt servicing of this loan would be done from the............
1 Includes an amount of ` 2,311 crore received towards back-to-back loan in lieu of GST compensation shortfall which is to be serviced from cess co llected in Compensation Fund with no repayment obligation on the State resources. Chapter 1- Overview 0??? ss The increase in the Revenue,............
the persistent excess under charged section is mainly because of repayment of Ways and India under loans section of Grant IX- Fisc al Administration, Planning, Surveys and Finance Department stated that, constant guidance was being given to all the State Finances Audit Report fo r the year ended............
Physical progress As against the 2,339 unelectrified (UE) and 16,716 partially electrified (PE) villages sanctioned under Schemes (DDUGJY, RGGVY-XII Plan & DDG), the Company had electrified 996 UE villages (281 villages under RGG VY-XII Plan, 302 villages under DDUGJY and 413 under DDG off-grid............
Performance Audit relating to PSUs 41 2.3 AUDIT OBJECTIVE The Performance Audit was undertaken to ascertain whether: the Company had evolved proper planning for impleme ntation of the programme effectively within the scheduled time; the scheme funds were utilised efficiently and effe ctively............
2019 44,343 1,13,797 December 2019 94,715 1,12,749 January 2020 38,685 1,07,951 February 2020 30,033 85,573 March 2020 1,08,906 1,27,144 1.1.2.4 Compensation under SGST As per the Goods and Services Tax (Compensation to States) Act, 2017, States will be compensated for the shortfall in............
a Divisional Forest Officers (DFOs) and 57 Deputy Conservator of Forests (DCF) are working in various capacities like Research, Education, Workin g Plan wings, etc. The Divisions were further divided into ranges and beats for ensu ring effective control and supervision of the forests of the............
amendment of 2020 **Outstanding debt excludes loan of ₹ 994.00 crore, which was passed on as back to back loans by GoI, in lieu of shortfall in GST Compensation vide GoI’s letter No. F.No. 40(1)PF-S/2021-22 dated 10 December 2021 The State could achieve Revenue Surplus only during two out of............
SGST receipts in 2020-21 fell short of the protected revenue, in keeping wit h the GST (Compensation to States) Act, the State Government received a compensation o f ₹ 2,363.60 crore during the year, on account of loss of revenue arising out of implem entation of GST. Out of the compensation of............
As such, the State was not eligible for compensation. However, State had received the GST compensation of ₹5.69 crore for loss of revenue for the month of April and May on account of implementation of Goods and Service Tax during 2020-21. With automation of the collection of Goods and Service............
3 The Government of India in the GST Compensation to S tates Act, 2017 had set 2015-16 as the base year for all states and offered compensation for five years star ting from the date of implementation of State GST A ct. The revenue growth rate for each state is considered at 14 per cent per............
During the course of excavation for civil foundatio n work and development of Plant site by two cement companies i.e. M/s Green V alley Industries Ltd. (GVIL) and M/s Goldstone Cements Ltd. (GCL), limest one to the tune of 25,93,174 6 MT was extracted. The MGD allowed GVIL (July 2017) and GCL............
1 Meghalaya received back to back loans of ₹ 112 crore in lieu of GST compensation under the de bt receipts with no repayment liability of the State. State Finances Audit Report for the year ended 31 March 2021 10 Charts 1.4 depicts the trends in fiscal liabilities and total liabilities to GSDP............
50 Includes back to back loans of ₹ 112 crore given by GoI in lieu of compensation of GST without any repayment obligations. Appendices 115 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 34. Capital blocked in incomplete projects 51 215.68 (24) 734.30 (70) 1040.42 (79) 329.60 (32) 1263.14............