Audit Reports

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

This report contains 39 paragraphs including three reviews relating to non/short levy of taxes, duties, royalty, fees, interest and penalty etc.,involving Rs. 182.02 crore. Some of the major findings are mentioned...

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....

Responding to the recommendations of the Twelfth Finance Commission (TFC),the Jammu and Kashmir Government enacted Fiscal responsibility and Budget Management (FRBM) Act in August 2006. The Act sets out a reform agenda for achieving medium and long...

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

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 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 response to the Twelfth Finance Commission's recommendations, the Goa Government enacted its Fiscal Responsibility and Budget Management Act, (FRBM), entitled the Goa Fiscal Responsibility and Budget Management Act, 2006, with a view lo ensuring...

In response to the Twelfth Finance Commission's recommendations, the Bihar Government enacted its Fiscal Responsibilities and Budget Management (FRBM) Act, entitled the Bihar Fiscal Responsibility and Budget Management Act, 2006 with a view to...

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