Parliament’s Public Accounts Committee to be Briefed on CAG Reports on Wednesday

New Delhi: The Public Accounts Committee (PAC) is anticipated to fulfill on Wednesday, October 25, when it will be informed on the Comptroller and Auditor General (CAG) reports provided in parliament throughout the monsoon session. The PAC is at present headed by Congress MP Adhir Ranjan Chowdhury and consists of 21 other parliamentarians from both the Lok Sabha and the Rajya Sabha. The PAC is among the earliest parliamentary committees in India. Its functions consist of the evaluation of the Appropriation Accounts connecting to the Railways, Defence Services, Postal Services and other Civil Ministries of the Government of India and Reports of the Comptroller and Auditor-General of India thereon as likewise the Reports of the Comptroller and Auditor-General on Revenue Receipts primarily form the basis of the considerations of the Committee. The Committee might, likewise use up topics associating with public financial resources for comprehensive assessment, which are not particularly consisted of in the Audit Reports. In scrutinising the Reports of the Comptroller and Auditor-General on Revenue Receipts, the Committee analyzes different elements of the federal government’s tax administration. The Committee, hence, analyzes cases including under-assessments, tax evasion, non-levy of tasks, misclassifications, and so on, recognizes the loopholes in the tax laws and treatments and makes suggestions in order to examine leak of earnings. The monsoon session that ended on August 11, saw the tabling of twelve CAG reports that exposed corruption and abnormalities in the performance of numerous Union federal government ministries and departments. CAG reports have actually been of unique interest after the UPA federal government came
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