Audit Reports

The levy and collection of State Excise Duty is sole responsibility of the State Government in terms of entry 52 of List II of the Seventh Schedule of the Constitution of India. The State Excise Duty is one of the important sources of tax receipts...

To ensure prudence in fiscal management and to achieve fiscal stability in the State the Government of Punjab had enacted the Punjab Fiscal Responsibility and Budget Management (FRBM) Act, 2003. To improve the fiscal position and to bring fiscal...

This Report contains 31 paragraphs including three performance audit relating to non/short levy of taxes, duties, interest and penalty etc., involving Rs.72.12 crore. The total receipts of the State Government for the year 2010-11 were RS 27,608.47...

Audit of Government companies is governed by Section 619 of the Companies Act, 1956. The accounts of Government companies are audited by Statutory Auditors appointed by CAG. These accounts are also subject to supplementary audit conducted by CAG....

This Report for the year ended 31 March 2011 has been prepared for submission to the Governor under Article 151 of the Constitution of India. It covers matters regarding the findings of Performance Audit and Compliance Audit in the various...

The Report based on the audited accounts of the Government of Punjab for the year ended March 2010, this report provides an analytical review of the Annual Accounts of the State Government. The report is structured in three Chapters. Chapter 1 is...

This Report contains 31 paragraphs including two performance audit relating to non/short levy of taxes, duties, interest and penalty etc., involving RS 94.52 crore. The total receipts of the State Government for the year 2009-10 were RS 22,156.58...

Audit of Government companies is governed by Section 619 of the Companies Act, 1956. The accounts of Government companies are audited by Statutory Auditors appointed by CAG. These accounts are also subject to supplementary audit conducted by CAG....

The Report based on the audited accounts of the Government of Punjab for the year ended March 2010, this report provides an analytical review of the Annual Accounts of the State Government. The report is structured in three Chapters. Chapter 1 is...

In May 2003, Government of Punjab enacted the Punjab Fiscal Responsibility and Budget Management Act, 2003 to ensure long-term financial stability by achieving revenue surplus, containing fiscal deficit and prudential debt management. Subsequently,...