Economy

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

The Hindu - Economy·8 Sep 2026
Public Accounts Committee flags failure to transfer ₹9,222 crore in cess collections to designated reserve funds

Members question the Finance Ministry’s explanation; panel chief K.C. Venugopal says cess proceeds must not be used to finance fiscal deficit instead of their intended purpose

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