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Tag: failure to transfer cess funds

Public Accounts Committee flags failure to transfer ₹9,222 crore in cess collections to designated reserve funds

Posted on September 8, 2026 By admin
Public Accounts Committee flags failure to transfer ₹9,222 crore in cess collections to designated reserve funds

PAC chairperson and senior Congress leader K.C. Venugopal. File | Photo Credit: ANI The Public Accounts Committee (PAC) on Tuesday (September 8, 2026) expressed concern over the reported failure to transfer cess and levy collections to designated reserve funds, with members questioning the Union Finance Ministry’s explanation on the issue and reiterating earlier recommendations that…

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