CAG finds 122 cases of illegal mining near allotted areas in Rajasthan
The audit also noticed misuse of 22,854 electronic challans to show fake dispatch of 5.2 lakh MT of mineral from 13 mineral leases where excavations did not happen.
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March 2023
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India imports more pearl than the world produces; CAG flags tax evasion risk
The value of pearls imports being much higher than the value of global production of pearls suggests trade mis-invoicing and round-tripping of funds, says CAG.
CAG concern over reliability of data maintained by GST Network
An analysis by the apex auditor of pan-India data provided by GSTN revealed significant data inconsistencies between the taxable value and declared tax liability.
PSU insurers suffer ₹26,364 cr loss in health biz in five years: CAG
The losses in the health insurance business of PSU insurers either wiped out or decreased the profits of other lines of business or increased the overall losses.
UIDAI cancels 4.75 lakh Aadhaars; CAG says strengthen data protection, biometrics
The observations are part of CAG's performance audit on the functioning of UIDAI.
Kalyan Jewellers appoints former CAG Vinod Rai as chairman
Vinod Rai would be the eighth non-executive director on the company's board
Funds to states way below 42%; why that hurts growth
Against the Finance Commission awards, Centre collects cess and surcharge but devolves less to states as share in fiscal resources.
Disinvestment strategy: Centre's love; CAG's hate!
PSUs are financially drained and forced to borrow from the market to finance Centre’s disinvestment drive, despite CAG’s objections. Yet, what happens to the proceeds is unclear.
