Page 64 of 75, showing 10 records out of 744 total
This Report includes five chapters containing five performance reviews, including integrated audit of Agriculture Department. 19 (excluding general paragraphs) paragraphs dealing with the results of audit of selected schemes, programmes,...
In January 2006, the Madhya Pradesh 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...
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 order to secure fiscal stability and sustainability by eliminating revenue deficit and reducing fiscal deficit within a time frame and transparency in fiscal operations, the Twelfth Finance Commission recommended enactment of fiscal...
In October 2005, Uttarakhand 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...
In Karnataka, fiscal reforms and consolidation were brought to the forefront with the State Government formulating the first Medium Term Fiscal Plan (MTFP) for the period 2000-05 based on broad parameters of fiscal correction laid down by the...
This Report contains 26 paragraphs including three reviews pointing out non-levy or short levy of tax, interest, penalty, revenue forgone, etc., involving Rs. 336.61 crore. Some of the major findings are mentioned below: Total revenue receipts of...
The State Government enacted the Kerala Fiscal Responsibility Act, 2003 with a view to ensure prudence in fiscal management and fiscal stability by progressive elimination of revenue deficit and sustainable debt management consistent...
This Report contains a review on 'transition from sales tax to VAT in Kerala' involving Rs. 295.24 crore. Some of the major findings are mentioned below. The percentage of growth of revenue showed an inconsistent trend throughout the pre-VAT...