cag

All charitable trusts, institutions, universities and other educational trusts and medical institutions are required to keep and maintain books of account, original bills of payment, PAN card, Aadhar card and address of voluntary donors…

The National Commission for Scheduled Castes (NCSC) has sought a probe by Comptroller and Auditor General (CAG) into alleged irregularities in disbursal of post-matric scholarships for Scheduled Caste students in Punjab. NCSC has written…

NEW DELHI: A comptroller and auditor general (CAG) report on the income tax department has revealed that more than 21,000 charitable trusts, which had not been registered for exemption, were granted tax breaks of Rs 18,800 crore between…

State-run general insurance companies may have to raise the group health insurance premium to remain viable as the Rs. 43,000 crore market faces the prospects of state-run companies losing market share. Without a rise in health insurance…

The CAG in its latest report on J&K has observed that overall utilisation of budget was 27% less than the total amount of grants and appropriations during 2020-21. The report said the budgetary allocations were based on ‘unrealistic…

NEW DELHI: The Comptroller and Auditor General (CAG) has pointed out several loopholes in coastal area project clearances, post-clearance monitoring, and enforcement of coastal regulation zone (CRZ) notifications across coastal…

The CAG has slammed the income tax department for not formulating a data sharing mechanism with the Home Ministry to keep track of foreign contributions received and their utilisation for the declared purpose by charitable trusts and…

NEW DELHI: Suspecting large-scale round-tripping of black money, the Comptroller and Auditor General (CAG) which has tabled a report in Parliamenton Monday said India's import of diamonds and pearls during 2010 and 2020 has been more…

The Comptroller & Auditor General of India has asked the Central Board of Direct Taxes to consider specifying a time limit for remittance of export proceeds by special economic zone (SEZ) units for claiming deduction under Section…

under-reported gross revenue between 2006-07 to 2017-18 which led to Rs 645 crore lower levy of licence fee during the period, the Comptroller and Auditor General of India (CAG) said in a report on Monday. The CAG, in the report, also…