https://www.taxtmi.com/news?id=50486 The CAG reported 49,649 outstanding utilisation certificates totaling Rs 70,877.61 crore as of March 31, 2024, warning that non-submission prevents assurance of proper fund use and raises risks of embezzlement and diversion. It also identified 22,130 pending Detailed Contingent bills of Rs 9,205.76 crore against AC advances, characterising such procedural lapses as breaches of financial discipline that increase misappropriation risk, and noted rising state liabilities with internal debt predominating. en-us Fri, 25 Jul 2025 09:01:03 +0530 Fri, 25 Jul 2025 09:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50486 The CAG reported 49,649 outstanding utilisation certificates totaling Rs 70,877.61 crore as of March 31, 2024, warning that non-submission prevents assurance of proper fund use and raises risks of embezzlement and diversion. It also identified 22,130 pending Detailed Contingent bills of Rs 9,205.76 crore against AC advances, characterising such procedural lapses as breaches of financial discipline that increase misappropriation risk, and noted rising state liabilities with internal debt predominating. News - Fri, 25 Jul 2025 09:01:03 +0530 https://www.taxtmi.com/news?id=50486