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Audit Reports

Compliance Performance
Karnataka

Report No. 1 of 2014 - Performance Audit on Revenue Sector of Government of Karnataka

Date on which Report Tabled:
Wed 19 Feb, 2014
Date of sending the report to Government
Government Type
State
Sector Taxes and Duties

Overview

This Report contains 32 paragraphs including two Performance Audits relating to non/short levy of tax, interest, penalty, revenue foregone, etc. involving Rs. 224.16 crore. Some of the major findings are mentioned below:              

Total revenue receipts of the State Government for the year 2011-12 amounted to Rs. 78,176.22 crore against Rs. 69,806.27 crore for the previous year. 74 per cent of this was raised by State through tax revenue (Rs. 53,753.55 crore) and non-tax revenue (Rs. 3,966.11 crore). The balance 26 per cent was received  from the Government of India as State's share of divisible Union taxes (Rs.  12,647.14 crore) and grants-in-aid (Rs. 7,809.42 crore).
 
A total of 3,363 Inspection Reports issued upto December 2012 containing 7,283 observations involving money value of Rs. 1,550.33 crore were pending for settlement at the end of June 2013.

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