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Financial
Kerala

Report of 2011 - Financial Audit on Revenue of Government of Kerala

Date on which Report Tabled:
Date of sending the report to Government
Government Type
State
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Overview

This Report contains 47 paragraphs including four reviews on Compounding Schemes in Commercial Taxes Department, Utilisation of declaration forms in  interstate trade, Levy and Collection of Stamp Duty and Registration Fee and  Computerisation of Motor Vehicle Department and paragraphs relating to non/short levy/loss of tax involving Rs.1,622.36 crore. Some of the major findings are mentioned below:                                                         

Total revenue receipts of the State Government for the year 2010-11 amounted to Rs. 30,990.95 crore against Rs. 26,109.40 crore for the previous year. 76 per cent of this was raised by the State through tax revenue (Rs.21,721.69 crore) and non-tax revenue (Rs.1,930.79 crore). The balance 24 per cent was receipt from the Government of India as State's share of  divisible Union toes (Rs.5,141.85 crore) and grants-in-aid (Rs.2,196.62  crore).

As on 30 June 2011, 2581 Inspection Reports (IRs) in respect of various departments containing 18,604 observations involving money value of Rs.1522.81 crore were outstanding. The number of outstanding audit observations increased by 24 per cent compared to the previous year.

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