The impact on revenue expenditure of misclassifications/non-compliance to statutory provisions on the State's finances was net understatement of revenue expenditure to the tune of 1,816.76 crore. (Nonpayment of interest under Reserve Funds and Deposits ₹536.09 crore, short contribution of government towards NPS - ₹539.94, short transfer of cess - ₹27.59) CAG observed that the State government did not furnish information on committed liabilities and also did not disclose its off-budget liabilities in the budget documents.
According to CAG, non-freezing of accounts by treasuries after closing monthly accounts may give scope for data manipulation after submission of monthly accounts to the AG office and may lead to mismatch of figures/data between AG office and the State government.
Bu hikaye The Morning Standard dergisinin February 09, 2024 sayısından alınmıştır.
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Bu hikaye The Morning Standard dergisinin February 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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