Audit Reports

Issues related to completeness of accounts 4.1 Funds outside Consolidated Fund or Public Accou nt of the State Article 266 (1) subject to the provisions of Article 267, provides that all revenues received by the Government of a State, all loans ra ised by that Government by the issue of treasury...............

Fund of India/ State - All revenues of the Union/State Government, loans raised by it and all moneys received in repay ment of loans form the Consolidated Fund of India/ State. No moneys out of this Fund can be appropriated except in accordance with the law and for the purpo ses and in the...............

1.4 Overview of Government Account Structure and Budget ary Processes The Accounts of the State Government are kept in three parts: Consolidated Fund of the State (Article 266 (1) of the Constitution of India) This Fund comprises all revenues received by the St ate Government, all loans...............

The State Government secures legislative approval f or expenditure out of the Consolidated Fund of the State by presenting its an nual Budget and 82 Demands for Grants. Normally, every Department has one Demand for Grant, to ensure that the Head of the Department takes responsibility for imp...............

60 per cent) during 2020- 21 compared to the previous year 2.3 Sources and Application of Funds Table 2.2 compares the sources and applicat ion of funds of the State during 2020-21 with 2019-20 figures. State Finances Audit Report for the year ended 31 March 2021 0??? 
tt Table 2.2: Sources...............

1.4 Overview of Government Accounts structure The Accounts of the Government are kept in three parts: 1. Consolidated Fund of the State This Fund comprises all revenues received by the State Government, all loans raised by the State Government (market loans, bonds, loans from the Central...............

The gross amount transacted through the Special Bills was ` 48,284.31 crore including adjustments between the Consolidated Fund of the State and the Public Account. The payments which led to outgo from the Consolidated Fund oI tKe 6tate &)6 _ 13071.08 FUoUe aFFoXnteG IoU 7.5 per cent of the...............

Means Advances and Overdraft 29154 45861 59868 60371 104539 Loans and Advances from Government of India 814 946 1990 2030 4563 Total receipts in the Consolidated Fund (4+5) 160936 179176 212928 227817 280174 Contingency Fund receipts Public Account receipts 98781 156918 99704 195579 275595 Total...............

The State Government secured legislati ve approval for expenditure out of the Consolidated Fund of the State by presen ting its annual Budget and Demands for Grants/ Appropriations. Normally, every Department has one Demand for Grant, to ensure that the Head of the Department takes...............

The State Government charges guarantee fee at the rate of 0.50 per cent per annum to two per cent consolidated for the entire guarantee period in case of lo an availed by PSUs from banks / financial institutions. To the extent of information received from PSUs, guarantee fee of _ 72.08 crore...............

Resource Management Studies Central Electricity Regulatory Commission Comprehensive Financial Management System Consolidated Fund of the State CGST Central Goods and Services Tax COVID-19 Corona Virus Disease-2019 CRDA lopment Authority Centrally Sponsored Schemes Dearness Allowance...............

Overview of Government Accounts structure The Accounts of the Government are kept in three parts: 1. Consolidated Fund of the State This Fund comprises all revenues received by the State Government, all loans raised by the State Government (market loans, bonds, loans from the Central Government,...............

per cent during 2020- 21 compared to the previous year Sources and Application of Funds compares the sources and applicat ion of funds of the State during 2020-21 with 2019-20 figures. State Finances Audit Report for the year ended 31 March 2021 0ƒ‰• ȁ ʹʹ Table 2.2: Sources...............

Advances and Overdraft 29154 45861 59868 60371 104539 Loans and Advances from Government of India 814 946 1990 2030 4563 6 Total receipts in the Consolidated Fund (4+5) 160936 179176 212928 227817 280174 7 Contingency Fund receipts 0 0 0 9 0 8 Public Account receipts 98781 156918 99704 195579...............

There were 1,006 accounting entries with a debit of ൟ 8,891.33 crore to the Consolidated Fund of the State which were made without requisite sanction Chapter 5- Use of Specia l Bills by the State Government 0ƒ‰• ȁ ͳͲ͹ On the rationale for use of Special Bills In a series...............

The State Government charges guarantee fee at the rate of 0.50 per cent per annum to two per cent consolidated for the entire guarantee period in case of lo an availed by PSUs from banks / financial institutions. To the extent of information received from PSUs, guarantee fee of _ 72.08 crore...............

Resource Management Studies CERC Central Electricity Regulatory Commission CFMS Comprehensive Financial Management System CFS Consolidated Fund of the State CGST Central Goods and Services Tax COVID-19 Corona Virus Disease-2019 CRDA Capital Region Deve lopment Authority CSS Centrally Sponsored...............

F urther, Article 204(3) states that ‘subjecP Po Phe provisions of ArPicles 20D and 206, no money sh all be wiPhdrawn from the Consolidated Fund of the State except under appropriation made by law passed in accordance wiPh Phe provisions of Phis arPicle’. State Finances Audit Report fo r...............

97 Vide notification no. TMV.219/2017/22 dated 19 December 2018 followed by Government of India’s notification no. G.S.R.1183 (E) dated 29 De cember 2016. 98 Cachar, Dibrugarh, Golaghat, Kamrup (Metro) R & L, Nagaon, Nalbari, Dhubri, Goalpara, Jorhat, Sivsagar and Udalguri. 99 Of the total...............

2.4.1.1 Timely refund mechanism constitutes a crucial compo nent of tax administration, as it facilitates trade through rel ease of blocked funds for working capital, expansion and modernisation of existing bu siness. The provisions to refunds as contained in the GST laws, the claim and...............

Chap ters: 1.4 Overview of Government Account Structure and Budgetary Processes The Accounts of the State Government are kept in th ree parts: 1. Consolidated Fund of the State {Article 266 (1) of the Constitution of India} This Fund comprises all revenues received by the St ate Government,...............

The State Government secures legislative approval f or expenditure out of the Consolidated Fund of the State by presenting its an nual Budget and 82 Demands for Grants/ Appropriations. Normally, every Department has one Demand for Grant, to ensure that the Head of the Department takes...............

Transfer of funds to PD accounts is booked under the service major he ads, as expenditure under the Consolidated Fund of the State. Under the rules, t he Administrators are required to close such accounts on the last working day of the year and transfer the unspent balances back to the...............

under Ways and Means Advance and Overdraft Nil Nil Nil Nil Nil Loans and Advances from GoI 57.35 69.57 89.16 106.34 1,557.82 6.Total receipts in the Consolidated Fund (4+5) 53,140.12 62,582.72 75,236.74 79,885.22 82,844.93 7. Contingency Fund Receipts -- 50.00 -- 100.00 -- 8. Public Account...............

1.4 Overview of Government Account Structure The Accounts of the State Government are kept in three parts: 1. Consolidated Fund of the State (Article 266 (1) of the Constitution o\ f India) This Fund comprises all revenues received by the State Government, all loans raised by the State...............

The State Government secures Legislative approval for expenditure out of the Consolidated Fund of the State by presenting its annual Budget and 84 Demands for Grants. Normally, every Department has one Demand for Grant, to ensure that the Head of the Department takes responsibility for...............

12 Statement of Sources and Application of Funds for expenditure other than revenue account Statement No. 13 Summary of Balances under Consolidated Fund, Contingency Fund and Public Account Notes to Accounts VOLUME - II (Part- I Detailed Statements) Statement No. 14 Detailed Statement of Revenue...............

Drawing and Disbursing officers (DDOs) are required to withdraw money from the Government Account/ Consolidated Fund for making payment on behalf of the Government. Information received from two DDOs (Out of 1,572 DDOs) revealed that ₹242.29 crore was lying in the Savings/ Current Bank Account...............

that the State Government should take necessary steps to deposit the gross sale proceeds, calculated at face value of the tickets sold, to the Consolidated Fund/ Public Account of the State. Quality of Accounts and Financial Reporting Practices Non-submission of Utilisation Certificates...............

Section 4 of the Act prescribed that the cess levied would be credited to the Consolidated Fund of the State! (CFS) and subsequently credited to the fund through appropriation. The fund was constituted as a non-interest bearing Reserve Fund in the Public Account and classified under the Head...............

The Accounts of the State Government are kept in three parts: 1. Consolidated Fund of the State (Article 266(1) of the Constitution of India) This Fund comprises all revenues received by the State Government, all loans raised by the State Government (market loans, bonds, loans from the...............

T otal R eceipts i n the Consolidated Fund ( 4+5) 1,54,656 1,71,014 1,90,898 2,01,977 2,24,659 7. C ontingency Fund Receipts - - - 8 . Public Acc ount Receipts 1,56,045 1,56,811 1,70,528 1,93,165 2,08,44 7 9. Total Receipts of the State (6+7+8) 3,10,701 3,27,825 3,61,426 3,95,142 4,33 ,106 Part...............

Article 202 (3) of the Constitution specifies categories of expenditure that can be charged on the Consolidated Fund of the state. Trend analysis during the last five years (2016-21) of classification of total disbursements into Charged and Voted is given below: Table 3.2: Voted and Charged...............