First Audit Diwas  

Constitutional Provisions

Article 148:

Independent office of CAG

Article 149 -151 :

Duties & Powers, Form of Accounts of the Union and the States and Audit Reports

Article 279:

Calculation of Net Proceeds

Third Schedule

Oath or Affirmation

Sixth Schedule

Administration of Tribal Areas in the States of Assam, Meghalaya, Tripura and Mizoram

Other Provisions

Appointment

President of India

Tenure

 six years or upto the age of 65 years, whichever is earlier.

Removal

·         same grounds and in the same manner as a judge of the Supreme Court. 

·        He does not hold his office till the pleasure of the President.

Other

·        Not eligible for further office

·        Salary and other service conditions are determined by the Parliament.

·        No minister can represent CAG in the Parliament

·        Salaries are charged on Consolidated Fund of India thus not subject to vote

Functioning

·        Audit of the accounts of Central government and State government

·        Conscience Keeper of the government

·        Does Wisdom audit, procedural audit

·        Acts as a guide, friend and philosopher of the Public Accounts Committee of the Parliament.