Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: VAT Audit :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: form 3cd :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: empanelment :: list of goods taxed at 4% :: TDS
 
 
« Auditing »
 Auditing to be less of a burden as accountants embrace AI
 CAG's report on GST will be totally paperless
 Time Limit For Completion Of Assessment From The Date Of Special Auditor’s Report Under Income Tax Act, 1961
 Provisioning pertaining to Fraud Accounts
 Tax Audit Report (TAR) Certain exceptions and increased limits according to number of partners and considering nature of activity are desirable
 Cost Auditing Standards [ Cost Audit Documentation (102)] – Part-II
 Conference on Companies Act gets under way
 New bureau to dissolve state-run banks' power to choose auditors
 Foreign Exchange Management (Permissible Capital Account Transactions) (Fourth Amendment) Regulations, 2015
 ICAI forms 'prima facie' view on NSEL auditor
 Firms appoint new auditors in shift to meet new standards

Social audit of development schemes necessary
February, 05th 2010

The Comptroller and Auditor General (CAG) of India, the countrys supreme audit institution, Friday suggested social audit of all government-sponsored development schemes, like the National Rural Employment Guarantee Act (NREGA), to ensure that the intended benefits reach the poor.

CAG Vinod Rai said the institution seeks partnership of NGOs and other social groups to ensure transparency in schemes and effective utilisation of welfare funds.

It is high time that civil society organisations should enter into partnership with government agencies to facilitate transparency in expending of welfare funds, Rai said at a lecture here on the role of civil society in good governance.

He said the 50,000-odd employees working under him and few lakh working for the offices of state accountant generals were inadequate for the huge volume of public funds expenditure auditing that had to be done.

So civil society organisations had to step in to assist them.

Social audit would empower people by facilitating them with a say in the development process itself. It would also make the bureaucracy and those manning the panchayat raj institutions accountable for the money spent on works in tune with the specific needs of people.

Rai said: The RTI (right to information) act is the most effective weapon and a deterrent to make them accountable.

The RTI act was a tool that each member of the civil society could use for greater transparency. The social audit would also make the economy inclusive of deprived sections, he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

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