The Capital Development Authority (CDA) controversially allotted 22 plots worth Rs440 million to an individual who had changed both his and his father's names without updating the corresponding land revenue records. The audit report for 2023-24 flagged this as a suspicious transaction, notin
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Kerala did not achieve its fiscal deficit target fixed in its Medium Term Fiscal Plan or the Kerala Fiscal Responsibility Act during 2021-22, an audit reported of Comptroller and Auditor General of India (C&AG) revealed on Thursday.
The Gujarat Pollution Control Board through its Action Taken Report stated that after the incident several directions are also issued. According to the report the factory unit shall comply with Directorate of Industrial safety and Health (DISH) direction and submit it's compliance report and
The TDP national spokesman Kommareddy Pattabhiram, on Friday demanded a CBI probe into the sand mafia in the State and also into the illegal mining of the sand besides the audit report and GST returns of the Jaya Prakash Power Ventures.
A release issued by CAG said, "In the performance audit report by CAG, it has been brought out that per km cost of Dwarka Expressway is Rs.250 crore as against CCEA approved per km cost of Rs.18.2 crore."
Comptroller and Auditor General of India Girish Chandra Murmu has expressed that audit reports have assumed immense importance as they induced action from the executive by way of design improvements, mid-course corrections, strengthening systems and even review of certain policies.
The top court said that the principles of natural justice demand that the borrowers must be served notice, given an opportunity to explain the conclusions of the forensic audit report, and be allowed to represent by the banks before their account is classified as fraud.
This action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the RBI said in the statement.