Understanding Audit Reports

Ensuring every rupee reaches the village.

What is Audit?

It is the official verification of Panchayat records to ensure grants from Central/State governments and local taxes are spent according to the approved budget and legal norms.

Legal Basis

Conducted under the 73rd Constitutional Amendment and State Local Fund Audit Acts.

Why it is required?

  • Transparency: Citizens see where money goes.
  • Grant Eligibility: Required for future funding.
  • Accountability: Responsibility for decisions.

Timeline

Conducted annually after the financial year ends. Reports are accessible on eGramSwaraj.