Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: form 3cd :: TDS :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: due date for vat payment :: articles on VAT and GST in India :: VAT RATES :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: empanelment
 
 
« News Headlines »
 Securities excluded from GST ambit in revised Bill
 GST dilemma: Hope fades for new tax regime
 5nance.com launches tax investment platform
 Is government tapping your phone?
 Income tax department to use analytics to look for discrepancies in bank accounts
 GST Council fails to break deadlock over indirect tax regime, next meet on Dec 11 and 12 to hammer out differences
 Invoking Writ Jurisdiction For Income Tax Matters
 How to file income-tax returns online
 How Income Tax Returns Are Scrutinised
 All About New Income Disclosure Scheme to make Demonetisation successful
 Your deposit may draw income tax notice

Govt. wants, CAG team should restrict its investigations
October, 28th 2010

The Delhi government has once again insisted that the Comptroller and Auditor General (CAG) team should restrict its investigations to 25 projects that are directly linked to the Commonwealth Games.

The CAG team wanted to audit all 76 infrastructure projects that the government took up in the past three years,
Replying to a recent letter sent by accountant general (Delhi) Rajvir Singh in which the CAG said no exceptions could be made and the objective of audit may require them to go beyond the 25 projects shortlisted by the Delhi government, Delhi chief secretary Rakesh Mehta has reportedly insisted that the CAG team should only look into 25 Games-related projects due to time constraint.

According to a senior Delhi government official, the chief secretary has re-emphasised the point that the CAG team has just 90 days to audit infrastructure projects that Delhi built in past three years.

The Delhi government had written to the CAG on October 22 saying only 25 of the 76 projects were directly linked to the Games. The CAG, however, said the government should not to filter information.

"Of the R2,800 crore that we got from the Centre for the  Games, we only spent R2,750 crore on these 25 Games-related projects.

We also got R1,100 crore under the JNNURM which were also utilised for the same, a senior Delhi government official said.

The government spent a cumulative R10,000 crore on the rest of the 51 projects in three years. This is 35 per cent of Delhis budget, which in any case is spent on Delhis

infrastructure. It clearly implies that we never spent beyond our means, a senior Delhi government official said, requesting anonymity.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Publishing Management System PMS News Management System Publishing Management System Development Online News Management System for media company custom Publishing management system development Survey management system Market Res

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions