Audit Reports

This Report contains two reviews on Levy and collection of Motor Vehicles  Tax and Working of Co-operation department and 52 paragraphs relating to non/short levy/loss of tax involving Rs. 1,048.55 crore. Some of the major findings are...

Overview of Government companies and Statutory corporations 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. ...

In May 2005, Himachal Pradesh Government responded tothe Twelfth Finance Commission's recommendation by legislating its "Fiscal Responsibilities and Budget Management Act (FRBM)." It set out a reform agenda through fiscal correction path in the...

This Report contains 35 paragraphs including two reviews relating to non/short levy of taxes, duties, royalty, fees, interest and penalty etc., involving Rs. 1,420.98 crore. Some of the major findings are mentioned below: The total receipts of the...

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....

 In response to the Twelfth Finance Commission's recommendation, the Government of Jharkhand enacted its Fiscal Responsibility and Budget Management (FRBM) Act in May 2007, with a view to ensure prudence in fiscal management and fiscal...

The  period  of  Twelfth  Finance Commission (TFC), is over and the State of  Jammu  and Kashmir did  well  in introducing  Fiscal  responsibility  and Budget  Management (FRBM) Act in...

This Report contains Civil, Revenue and Commercial chapters comprising 22 paragraphs and six performance reviews (including one CCO-based review of Animal and Sheep Husbandry Department). Copy of draft paragraphs and reviews was sent to the...

In response to the Twelfth Finance Commission's recommendations, the Gujarat Government enacted its Fiscal Responsibilities and Budget Management (FRBM) Act, entitled the Gujarat Fiscal Responsibility Act, 2005 with a view to ensure prudence in...

In July 2005, Haryana Government enacted the Fiscal Responsibilities and Budget Management (FRBM) Act. It laid down a reform agenda through a fiscal correction path in the medium term with the long term goal of securing growth with stability for its ...