https://www.taxtmi.com/news?id=52801 The CAG audit finds the Railway Ministry's 2022-23 summary of fiscal transactions understated total working expenditure, producing a net surplus and a lower reported Operating Ratio, while cross subsidisation records-which allocate passenger losses against freight profits-show a net operating loss; this discrepancy distorts the true Operating Ratio and masks substantial passenger service deficits financed by freight surpluses. en-us Mon, 18 Aug 2025 18:16:02 +0530 Mon, 18 Aug 2025 18:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52801 The CAG audit finds the Railway Ministry's 2022-23 summary of fiscal transactions understated total working expenditure, producing a net surplus and a lower reported Operating Ratio, while cross subsidisation records-which allocate passenger losses against freight profits-show a net operating loss; this discrepancy distorts the true Operating Ratio and masks substantial passenger service deficits financed by freight surpluses. News - Mon, 18 Aug 2025 18:16:02 +0530 https://www.taxtmi.com/news?id=52801