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<h1>Annual reporting and audit require the fund to submit reports, be audited by CAG, and have reports laid before Parliament.</h1> The Senior Citizens' Welfare Fund must prepare an annual report of activities in prescribed form and time and forward it to the Central Government. The Fund's accounts are to be audited by the Comptroller and Auditor General of India at specified intervals, and the audited accounts with the audit report must be forwarded annually to the Central Government, which shall cause both reports to be laid before each House of Parliament.