Financial
Punjab

Report 2014_15 - State Finances Government of Punjab

Date on which Report Tabled:
Mon 14 Mar, 2016
Date of sending the report to Government
Government Type
State
Sector Finance

Overview

This Report on the finances of the Government of Punjab is brought out to assess the financial performance of the State during the year 2014-15 vis-à-vis the Budget Estimates and the targets set under the Fiscal Responsibility and Budget Management Act, 2003 (as amended) and analysis of the dominant trends and structural profile of Government’s receipts and disbursements.
Based on the audited accounts of the Government of Punjab for the year ended 31 March 2015 and additional data collated from several sources such as the Economic Survey brought out by the State Government and Census, this report provides an analytical review of the Annual Accounts of the State Government in three Chapters.
Chapters I and II of the Report contain audit observations on matters arising from examination of Finance Accounts and Appropriation Accounts respectively, of the State Government for the year ended 31 March 2015. Information has been obtained from the Government of Punjab wherever necessary.
Chapter III on 'Financial Reporting' provides an overview and status of the State Government’s compliance with various financial rules, procedures and directives during the current year. The Report containing the findings of performance audit and audit of transactions in various departments, Report containing observations on audit of Statutory Corporations, Boards and Government Companies and the Report on Revenue Sector are presented separately.

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