-The Times of India NEW DELHI: The comptroller and auditor general has initiated an audit of entities claiming tax exemption on agricultural income amid suggestions from some political parties and income tax authorities that a blanket exemption be done away with and tax be levied after a threshold. The auditor has written to the finance ministry seeking details of entities which have declared agricultural income and the amount of tax exemption...
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CAG may audit process of black-money scheme, not individual declarations
-PTI New Delhi: The Comptroller & Auditor General of India (CAG) may do a performance audit of the just-ended black money disclosure scheme, but will not get into the disclosures made. As much as Rs 65,250 crore of undeclared assets were declared through 64,275 declarations in the one-time four-month compliance window provided under the Income Disclosure Scheme (IDS), which closed on September 30. ”The information filed under the IDS is confidential and will...
More »No feel for the pulse -Ashok Gulati & Siraj Hussain
-The Indian Express The government has failed to provide the right incentives to farmers India’s quest for self-sufficiency in pulses goes back, at least, to 1990-1991, when pulses were incorporated in the technology mission on oilseeds. In 1992, and 1995-1996, oil palm and maize were added to the mission, which was re-christened the Integrated Scheme on Oilseeds, Pulses, Oil palm and Maize (ISOPOM). In 2007, ISOPOM’s pulses component was merged with...
More »Delhi under-reporting dengue toll, cases: CAG -Pradeep Thakur
-The Times of India NEW DELHI: Delhi has been hugely under-reporting dengue cases and deaths, says a report of the comptroller and auditor general on the preparedness of the city govern ment, municipal bodies and others in control and prevention of the disease. The report comes in the midst of a chikungunya and dengue outbreak, with a Delhi government panel earlier this month dismissing all deaths attributed to the diseases so far...
More »Expenditure on freebies not transparent: Report
-The Hindu The government incurred an expenditure of about Rs. 5,049 crore in 2014-15. Chennai: The State’s accounting of expenditure on freebies is not clear and does not transparently disclose the nature of details, said the Comptroller and Auditor General of India (CAG) report for the year ended March 2015. The report pointed out schemes like free distribution of laptops, marriage assistance schemes, free supply of grinders, mixies, fans, Chief Minister’s Comprehensive Health...
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