https://www.taxtmi.com/news?id=38905 The state audit reports widespread non submission of utilisation certificates for grants in aid, creating no assurance that sanctioned funds were used for legislative purposes. Concurrently, receipts fell despite higher own revenue, the revenue deficit reduced marginally, key expenditure heads shifted (lower salaries, higher pensions and interest), liabilities rose due to increased internal and central borrowing, and significant budget allocations remained unspent in the Appropriation Accounts. en-us Thu, 27 Mar 2025 21:31:03 +0530 Thu, 27 Mar 2025 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38905 The state audit reports widespread non submission of utilisation certificates for grants in aid, creating no assurance that sanctioned funds were used for legislative purposes. Concurrently, receipts fell despite higher own revenue, the revenue deficit reduced marginally, key expenditure heads shifted (lower salaries, higher pensions and interest), liabilities rose due to increased internal and central borrowing, and significant budget allocations remained unspent in the Appropriation Accounts. News - Thu, 27 Mar 2025 21:31:03 +0530 https://www.taxtmi.com/news?id=38905