Page 74 of 83, showing 10 records out of 822 total
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...
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....
The State Government has done well in establishing an institutional mechanism on fiscal transparency as evident from the year-on-year presentation of the performance of the State during the FRBM Act regime in terms of key fiscal targets fixed for...
This Report contains 29 paragraphs including four reviews relating to non/short levy of taxes, fees, interest and penalty etc., involving Rs. 1,155.59 crore. Some of the major findings are mentioned below: The total receipts of the State for...
This Report includes three Chapters comprising five reviews and eighteen paragraphs dealing with the results of performance audit of selected schemes/programmes, integrated audit of a Government department as well as audit of the financial...
Andhra Pradesh Government enacted Fiscal Responsibility and Budget Management (FRBM) Act in October 2005 as recommended by the Twelfth Finance Commission (TFC). It sets out a reform agenda through fiscal correction path in the medium term with...
The Delhi Government has put in place an institutional mechanism on fiscal transparency and accountability as is evident from the year-on-year presentation of outcome budgets. These outcome indicators tend to serve the limited purpose of measuring...
This Report contains 15 paragraphs including two reviews involving underassessment/short payment/loss of revenue etc., of Rs. 1729.62 crore. Some of the major findings are mentioned below: The total receipts of the State during the year 2008-09...