Jammu, April 6 The Comptroller and Auditor General (CAG) has flagged that the Jammu and Kashmir government's spending of Rs 1.24 lakh crore over four decades since 1980 has been pending for legislative approval and regularization, which undermines the system of public resource management.Jammu...
appropriation accounts
auditobservations
budgetary control
comptroller and auditor general
excess expenditure
financial audit
financial management
jammu and kashmir
legacy issue
legislative approval
public accounts committee
public resources
regularization
state finances
union territory
Mumbai, March 31 The Comptroller and Auditor General (CAG) of India has highlighted "systemic deficiencies" in the governance of Maharashtra, identifying potential financial irregularities amounting to ₹891 crore across more than 10,000 audit queries that various departments had ignored despite...
action taken notes
auditobservationsaudit queries
audit reports
comptroller and auditor general of india
departmental accountability
financial irregularities
law and order
maharashtra
public accounts committee
public works
revenue implications
roads and bridges
transport sector
water supply and sanitation
New Delhi, February 25 The government has released draft income tax forms that require disclosure of the tenant-landlord relationship to claim I-T deductions, and increased the responsibility of auditors and companies for claiming tax credits on foreign income.The draft forms also propose to...
auditobservations
companies act 2013
foreign tax credit (ftc)
form 124
form 44
house rent allowance (hra)
income tax
india
pan application
stakeholder consultation
tax audit
tax audit form no 26
tax compliance
tax deductions
tenant-landlord relationship