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CAG EMPANELLED AUDITOR
Max 60 tax audits per partner likely: ICAIFrom fiscal year 2027, a partner in an accounting firm can conduct a maximum of 60 tax audits annually. Charanjot Singh Nanda, president of...- CAG creates separate vertical for auditing of 1,600 state public sector unitsTo enhance efficiency and expedite audits, the Comptroller and Auditor General of India (CAG) has established a dedicated unit for auditing...
- Payment of Rs 113 crore withheld over suspicious claims under Ayushman Bharat: Government tells Rajya SabhaThe minister was responding to a question on anomalies in the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) cited in the Comp...
- LG's consent to Delhi govt's special audit of power subsidy amount disbursed to discomsThe LG has reiterated his stand that power subsidy should be provided to the poor, pointing that amounts being given to discoms be audited ...
- Soon, energy projects may undergo green checksThe government-approved auditors will conduct randomised, third-party compliance monitoring of environment clearance conditions, according ...
- CAG slams Defence Ministry over poor execution of health scheme for ex-servicemenThe schemes aims to provide health care to around 47 lakh beneficiaries on a cashless basis in line with Central Government health Scheme.
- Govt may review norms for statutory auditor appointment in PSBsPSBs are allowed to appoint statutory central auditors on an annual basis, subject to their fulfilling the eligibility norms prescribed by ...
- ULBs contribute to less than 37% revenue of total receiptAmong the 12 states analysed in the study, Punjab (74%), Goa (55%) and Andhra Pradesh (54%) were the only ones whose municipal bodies contr...
- HC seeks govt response to telcos’ understated income that cost exchequer over Rs 12,488 croreAccording to the petitioner, the government is yet to recover the amount of .`12,488.93 crore, excluding penalty and taxes, from the six co...
- Congress alleges Rs 45,000-crore telecom scamReplying to a question whether Ravi Shankar Prasad, who was this week shifted to Law and Justice Ministry from Telecom was involved.
- BBMP seeks audit of property tax recordsIn the past fiscal, the tax collection target was Rs 2,456 cr from an estimated 15 lakh properties against which the BBMP could collect onl...
- Election Commission suggests ceiling on expenditure by parties during electionsThe Election Commission today came out with a draft outcome paper based on the March 30 consultations on political finance and the latest L...
- BSES, Tata Power move HC to challenge Delhi government's orders of CAG auditDistribution companies of the two groups, which supply electricity to different parts of Delhi, have approached the Delhi High Court.
- HRD Ministry gives go ahead to Aakash 4 project at a cost of Rs 330 crore, will be ready by next yearIn the first phase, Aakash 4 tablets will be given to engineering institutes which will be directly bought from vendors empanelled by the D...
- Capacity building/planning critical to MGNREGA: CAGCapacity building and planning are critical to the successful implementation of schemes under MGNREGA, the flagship programme of the Centre.
- CAG slams ONGC for shoddy exploration and targetsThe national auditor also criticized the oil ministry for not securing defence clearance before awarding exploration blocks to companies su...
- CAG wants to audit all government LLPsAt present there are 7,950 LLPs in the country and the ROC does not collect separate data for state run LLPs. “The number should be very le...
- CAG to examine books of banks and financial institutions in loan waiver schemeThe Comptroller and Auditor General of India (CAG) will examine books of banks and financial institutions involved in the UPA government’s ...
- CAG issues recommendations to PSU general insurersIt has been the insurance regulator who generally issues recommendations to insurers and reinsurers.
- Reddy skirts issue of PSU banks' autonomy on auditorsReserve Bank of India Governor Y V Reddy has skirted the issue of whether the recent grant of autonomy to public sector banks to appoint au...
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