PSAmaster 51 Questions 17 Answers 2 Best Answers 9 Points View Profile PSAmaster Asked: June 25, 20212021-06-25T22:47:51+00:00 2021-06-25T22:47:51+00:00In: Public Sector Accounting in India Is salary of CAG charged on Consolidated Fund of India? Is salary of CAG charged on Consolidated Fund of India? is salary of cag charged on consolidated fund of india? Share Facebook Related Questions Похудение при варикозе упражнения Что принимать при варикозе ног без назначения врача Что такое сеар с1 при варикозе вен Варикоз малого таза у женщины лечение Варикозная болезнь вен нижних конечностей описание Купить колготки от варикоза киров Мазь таблетки от варикоза вен Где принимает врач флеболог в тамбове Можно при варикозе гидромассаж Можно делать тату при варикозе 2 Answers Voted Oldest Recent PSAmaster 51 Questions 17 Answers 2 Best Answers 9 Points View Profile PSAmaster 2022-03-14T07:35:25+00:00Added an answer on March 14, 2022 at 7:35 am The Indian government and each state government in India each have their own consolidated funds. Article 266(1) of the Indian Constitution stipulates that revenues (direct and indirect taxes, money borrowed) and expenses (receipts from government loans), barring exceptional items, be included in the consolidated fund. The Comptroller and Auditor General of India audit these funds and report on their management to the appropriate legislatures. The budget is divided into two categories of expenditure: those ‘charged’ against the Consolidated Fund of India and those made from the Consolidated Fund of India. The charged expenditure is non-votable by Parliament, meaning it can be discussed but not voted on, whereas the other type must be voted on. The list of the charged expenditure is: Emoluments and allowances of the President and other expenditures relating to his office. Salaries and allowances of the Chairman and the Deputy Chairman of the Rajya Sabha and the Speaker and the Deputy Speaker of the Lok Sabha. Salaries, allowances, and pensions of the judges of the Supreme Court. Pensions of the judges of high courts. Salary, allowances, and pension of the Comptroller and Auditor General of India Salaries, allowances, and pension of the chairman and members of the Union Public Service Commission. Administrative expenses of the Supreme Court, the office of the Comptroller and Auditor General of India, and the Union Public Service Commission including the salaries, allowances, and pensions of the persons serving in these offices. The debt charges for which the Government of India is liable, include interest, sinking fund charges and redemption charges, and other expenditures relating to the raising of loans and the service and redemption of debt. Any sum required to satisfy any judgment, decree, or award of any court or arbitral tribunal. Any other expenditure declared by the Parliament to be so charged. source Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp PSAmaster 51 Questions 17 Answers 2 Best Answers 9 Points View Profile PSAmaster 2022-03-10T21:33:34+00:00Added an answer on March 10, 2022 at 9:33 pm Absolutely YES, the salary of CAG charged on Consolidated Fund of India? Consolidated Fund Services include judge salaries, civil list payments, the Comptroller and Auditor General’s salaries, and expenses paid to return officers at elections. Standing services Services are rendered on a permanent basis. Certain expenditures are charged directly to the Consolidated Fund and are not subject to the annual budget process in Parliament, guaranteeing the government’s independence. Consolidated Fund Services include judge salaries, civil list payments, the Comptroller and Auditor General’s salaries, and expenses paid to return officers at elections. This is to ensure the judicial independence established by the Act of Settlement 1701. Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.