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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 Tamil Nadu Government enacted its Fiscal Responsibilities and Budget Management (FRBM) Act, entitled the Tamil Nadu Fiscal Responsibility Act, 2003, with a view to ensure prudence...
This Report on the Finances of the Government of Tripura is being presented to the State Legislature, along with the Finance and Appropriation Accounts, with a view to assess objectively the financial performance of the State during the year...
This Report on the Finances of the Government of Sikkim is being presented to the State Legislature, along with the Finance and Appropriation Accounts, with a view to assess objectively the financial performance of the State during the year 2008-09. ...
This Report contains 28 audit paragraphs and four performance reviews. There is a separate chapter on Integrated Audit of the Human Resources Development Department. According to the existing arrangements, copies of the draft audit paragraphs and...
In May 2003, Government of Punjab enacted the Punjab Fiscal Responsibility and Budget Management Act, 2003 to ensure long-term financial stability by achieving revenue surplus, containing fiscal deficit and prudential debt management. Subsequently,...
In November 2006, Government of Mizoram responded to the recommendations of the Twelfth Finance Commission (TFC) by legislating its "Fiscal Responsibility and Budget Management (FRBM) Act" to ensure prudence in fiscal management and fiscal stability ...
Government of Meghalaya responded to the Twelfth Finance Commission's (TFC) recommendation by legislating 'Meghalaya Fiscal Responsibilities and Budget Management (MFRBM) Act' in November 2006. It sets out a reform agenda through fiscal correction...
This Report contains 24 Audit Paragraphs (excluding three general paragraphs) and three Performance Reviews. According to the existing arrangements, copies of the draft audit paragraphs and draft performance reviews were sent to the concerned...