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GOVERNMENT OF KARNATAKA
FINANCE DEPARTMENT
50 >5) g~)
59-Cro a?
ANNUAL
REPORT
1.
Commercial lax Department.......... .
2.
State Accounts Department
.......... I'"—'•''1
3.
Karnataka Government
Insurance Department
............. 22—26
4.
Treasury Department
............. 27—33
5.
Small Savings and State
Lottery Department
............. 34—40
1—15
: 1 :
/ .nual Report of the Commercial taxes
Department, For the year 1994-95
The commercial taxes Department is headed by a
commissioner who at he State level is assisted by five addl.
Commissioners and two Joint Commissioner of commercial TaxesJCCT (Investigation), and Joint Commissioner of Comercial Taxes
(Legal) in the enforcement of Karnataka Sales Tax Act, Central
Sales Tax Act and six other taxation enactments administered
by the Department. For effective and speedy collection of taxes
the state has been divided into five zones, 1) Bangalore City
Zone-I consisting of B’lore City-I and City-Ill Divisions, 2) Bangalore
City Zone-ll consisting of B’lore City-ll and IV and Bangalore
Division, 3) Davanagere zone, consisting of Davanagere and
Gulberga Divisions, 4) Mysore zone consisting of Mysore. Malnad
and Mangalore Divisions and 5) Belgaum zone consisting of
Dharwad & Belgaum Divisions. Each zone is headed by an
addl. Commissioner of Commercial Taxes.
For collection of taxes the state has been further divided
into 12 Commercial Taxes Divisions. Each Division is headed
by a Joint Commissioner of Commercial Taxes (Admn) who is
responsible for the administration of the various Acts of the
Department. Each Division has also a Joint Commissioner of
Commercial Taxes (Appeals) to deal with appeal cases tilled by
dealers Apart from these there are 6 addl. Joint Commissioners
of Commercial Taxes (appeals) one each in Mangalore. Belgaum,
Dharwad. Bangalore City Division-I, II & III
Apart from the above department has eight Intelligence
Wings, one for south Zone, North Zone, East Zone. West Zone,
Central Zone, Mysore Zone. Hubli Zone and Shimoga Zone with
headquarters at Bangalore. Belgaum, Gulbarga. Mangalore.
Davangere. Mysore. Hubli and Shimoga respectively. Each zone
is heaceo by a joint Commissioner of commercial Taxes (Int)
who is responsible for intelligence and other related activities m
his junsoiction.
There is a Joint Commissioner of Commercial Taxes (vig)
to look after the vigilance activities at Bangalore City.
The commercial Taxes Department administered the following
Acts :
1.
The Karnatai-a Sales ACt, 1957.
2.
The Central Sales Tax Act, 1956.
3.
The Karnataka Agri. Income Tax Act, 1957
4.
The Karnataka Entertainments Tax Act, 1958.
5.
The Karnataka Tax on Lusuries (Hotels and Lodging
Houses) Act, 1979.
6.
The Karnataka Tax on Professions, Traders, Callings,
and Employments Act 1932.
7.
The Mysore Betting Tax Act, 1932.
The Karnataka Tax on Entry of Goods into Local Areas
for Consumption, Use or Sale therein Act, 1979.
The target for revenue collection as per revised Budget
Estimates (proposed by the dept) under all the above Acts for
the year 1994-95 is Rs. 2914.00 crores as against this the total
collection as reported upto end of Feb.95. is Rs. 2368.45 crores
(excluding direct remittances from Forest, PWD and other Govt.
Depts) accounting, for a growth rate of 14.44% over the
corresponding period of previous year's collection of Rs. 2069.52
crores. The total revenue receipts during 94-95 (upto Feb.95)
and previous five years (Annual) are as follows:
8.
Year
Revenue
realised
(Rs. in crores)
Annual
G.R.
(%)
1989-90
1232.45
11.01
1990-91
1489.93
20.89
1991-92
1857.00
24.63
1992-93
2027.63
9.19
1993-94
2577.58
27.12
1994-95
2368.45
14.44
(uplo end of feb.95)
: 3 :
Salos Tax (KST & CST)
“he major portion of revenue of the department comes
fro
ales taxes, which account for about 88% of ail commercial
Taxe^. The total receipts from this source during 1994-95 (upto
Feb 95) and of the previous 5 years (Annual) are given below:
Revenue
realised
(Rs. in crores)
Annual
G.R.
1989-90
1081.27
9.52
1990-91
1316.92
21.79
1991-92
1653.23
1992-93
1775.79
7.41
1993-94
2277.96
28.28
1994-95
2085.44
15.54
Year
z
25.53
(upto end of Feb.95)
The revised target (proposed RE) tor collection of revenue
under sales tax tor the year 1994-95 is fixed at Rs. 2621.00
crores. The collection achieved under sales tax upto end of
Feb.95 was Rs. 2085.44 crores and accounted for a growth rate
of 15.54% over the collection of previous years corresponding
period.
Concessions and reliefs on several commodities were
announced and additional revenue mobilisation proposed about
7.20 crores under this Act in the Budget for 94-95.
The demand, collection and balance under sales tax from
1989-90 to 1994-95 are as follows:
Year
Demand
(including arrears)
Collection
Balance
1989-90
1243.74
1068.19
175.55
1990-91
1519.18
1298.09
221.09
1991-92
1919.68
1652.38
267.30
1992-93
2014.60
1758.69
255.91
1993-94
2651.44
2263.95
367.49
1994-95
2021.33
1630.12
391.21
(upto end of Dec.94
provisional)
Arrears :
Every possible effort was made by lhe department to collect
as much as the arrears under ST as poss.ble during the year
under report. Act-wise details of demand and collection on 31.3.94
and balance of tf\e old arrears as on 31.12.94 are given in
Annexure I & II respectively.
Registration :
The number of registered dealers in the State at the end
of Sept. 94 with corresponding figures for the previous two years
under KST & CST Acts were as follows :
Central Sales Tax
Karnataka Sales Tax
31.3.93
31.3.94
30.9.94
31.3.93
31.3.94
30.9.94
205426
212737
218836
115836
122029
127539
Assessments :
As on 1st April 1994, 157911 assessments cases under
KST and 96174 cases under CST were pending 195568 cases
: 5 :
under KST and 107023 cases under CST were added upto Dec
'94. The total number of assessments disposed off upto end of
Dec. 94 was 132931 under KST and 68692 cases under CST,
leaving the balance of 220548 under KST and 134505 under
CST. The details of asst, during last 5 years are given below:
Under Karnataka Sales TAx Act:
Years
No.of
No.of
assts.
assts.
pending accrued
at the
after
begin
reduction
nmg
of the yr.
Net
assts.
for
disposal
No.of
assts.
disposed
Balance
1989-90
158328
207411
365739
238628
130111
1990-91
130111
221071
351182
221289
129893
1991-92
129893
160224
290117
158746
131371
1992-93
131371
169827
301198
163151
138047
1993-94
138047
186716
324763
166852
157911
1994-95
157911
195568
353479
132931
220548
(upto end
of Dec.94)
: 6 :
Under Central Sales Tax Act :
Years
No. of
No.of
assts.
assts.
accr
pendings
at the
ued
begin
after
ning
r eduction
of the
Net
assts.
for
disposal
No. of
assts
disposed
Balance
yr-
1989-90
89039
115164
204203
123123
81080
1990-91
81080
116359
197939
117498
80441
1991-92
80441
80506
160947
80794
80153
1992-93
80153
89734
169887
85370
84517
1993-94
84517
101058
185575
89401
96174
1994-95
96174
107023
203197
68592
134505
(upto end
of Dec. 94)
Appeals:
During the current year upto end of Dec. 94 the total
number of appeal cases under KST with JCCT and DCCT
(Appeals) in the State were 11826 of which 5495 cases were
disposed off leavihg the balance of 6331 cases.
The information relating to opening balance, disposal and
pendency of appeal cases under KST & CST Acts are given
below:
: 7 :
■ ■•'nt Commissioner of Commercial Taxes (appeals):
Cpeening
r-alanco
Receipts
KST CST
KST
CST
■.939 90 6086 1542
5=69
1422
11955
2964
1900-91 7:96 1756
5931
1459
13177
3215
1991-92 7381 1824
8417
1920
15798
3744
8033
1992-93 7765 1952
5571
1262
13336
3214
1993-94 3676 1513
3064
1299
11740
2817
* 994-95 4'63
4050
1040
8213
1953
.'var
918
Total
KST
CST
Disposal
Balance
KST
CST
KST
CST
4759
1208
7196
1756
5796
1391
7381
1824
1792
7765
1953
9690
1636
3676
1518
7577
1399
4163
918
4215
991
3993
967
(upto
end of
Dec 94)
Deputy Commissioner of Commercial Taxes (Appeals):
cceening
3aianco
Receipts
KST CST
KST
CST
KST
CST
1909 90 5723 - 241
5608
264
11331
1990-91 6057
233
4254
207
1991-92 5667
256
3726
1992 93 5049
241
•993-94 3586
•994-95 2042
Vo ar
Total
Disposal
Balance
KST
CST
KST
CST
5C5
5274
272
6057
233
10511
440
4644
184
5667
256
205
9393
461
4344
220
5049
241
2S39
119
7583
360
4002
228
3586
132
132
2511
66
6097
198
4055
112
2042
86
86
1571
32
3613
118
1280
57
2333
61
i upto end
of Dec
94)
Intelligence Activities
The Intelligence activities includes inspection/searches of
suspected dealers, test purchases, checkpost vigilance, seasonal
o
: 8 :
vigilance and acting on information received. During 93-49, 4269
shop inspection were conducted by intelligence officers, detecting
suppressed turnover of abcut Rs. 1958.06 crores involving a tax
liability of Rs. 69.23 crores. The collection of C.F. and penalties
by the officers of the Intelligence wing of the department through
shop inspections for the year 1993-94 was Rs. 80.90 lakhs.
During 1994-95 (upto end of Dec. 94) 3209 shop inspections
were conducted and detected a suppressed turnover of Rs.
1667.75 crs. involving a tax liability of Rs. 53.99 crs. The
collection of C.F. and penalties by the intelligence wing through
the shop inspections to end of Dec. 94 was Rs. 2.56 crs.
During the year 1993-94 50.94 lakhs goods vehicles were
checked and 35785 vehicles were physically verified and offences
booked in 43392 cases at sales tax checkposts. An amount of
Rs. 5.83 crores was ccilecied as penalty at checkposts. During
1994-95 upto end of December 94,»», 39.82 lakhs vehicles were
checked and 32335 vehicles were physically verified and offences
booked in 33274 cases at sales tax checkpost. An amount of
Rs. 5.97 crs. was collected as penalty at checkposts.
The Karnataka Entertainments Tax Act, 1958:
The demand, collection and balance under the Karnataka
Entertainment tax from 1989-90 are as follows :
Collection
Balance
Demand
Year
(Rs. in crores)
38.97
1.81
40.78
1989-90
1990-91
43.70
41.97
1.73
1991-92
47.44
45.70
1.74
1992-93
49.98
47.98
2.00
1993-94
54 23
52.44
1.79
1994-95
38.39
36.12
2.27
(upto end
of Dec 94
During the year 94-95 an amount of Rs. 42.61 crs. vzas collected
upto end of Feb. 95 under this Act as against the anticipated
amount of Rs. 44.00 Crs. There is decreasing trend in collection
due to introduction of slab system in payment of tax v/.e.f.27-9-94.
Details of collection under each minor Act over five years are
furnished in Annexure-lll.
The Karnataka Agri. Income Tax Act, 1957 :
The demand, collection and balance under this Act are as
follows :
(Rs.crores)
year
Demand (inclu
ding arrears)
Collection
Balance
1989-90
20.46
15.90
4.56
1990-91
11 97
7.33
4.64
1991-92
15 76
9.20
6.56
1992-93
16.57
10.98
5.59
1993-94
15 00
9.16
5 84
1994-95
20.90
14 91
5.99
(upto end of Dec.94
Provisional)
Collection :
During 1993-94 an amount of Rs.9.01 crs. was collected.
During : 994-95 uoto end of Feb.95 an amount of Rs. 15.57 crs.
was collected unoer this Act as against the anticipated collection
of Rs. 15.CO crs. and recorded the growth rate of 111.55% over
the corresponding period of previous year's collection.
Rimnn -cin OC'OCU SPAA
:
iO
:
Assessment :
As on 1st April 1994, 7631 assessments cases were pending
and 4357 cases were added upto end of Dec.94. The total
number of assessments disposed off upto Dec.94 was 3178
leaving a balance of 8810 cases.
Karnataka Tax on professions Trades, callings and
Employments Act.1976 :
Collections :
During 1993-94 the revenue collected under this Act was
Rs.77.98 crs. During the current year upto end of Feb.95 an
amount of Rs.79.64 crs. was collected as against the anticipated
amount of Rs.95.00 crs. and accounting for a growth rate of
20.90% over the corresponding period of previous years collection.
The karanataka Tax on Luxuries (Hotels and lodging
Houses), Act - 1979 :
During 93-94 an amount of Rs. 11.65 crs. was collected.
During 94-95 an amount of Rs.15.64 crs. was collected upto
end of Feb. 95 as against the anticipated collection of Rs. 16.00
crs. and recording the growth rate of 30.55% over the collection
of previous years corresponding period. Details are given in
Annexure-lll
The Karnataka Tax on Entry of goods Into local Areas
for consumption use or sales Therein Act,l979 :
During the year 1993-94 an amount of Rs.132.68 crs. was
collected. During 1994-95 upto end of Feb.95 an amount of
Rs. 116.77 crs. was collected as against anticipated collection of
Rs.110.00 crs. there is decreasing trend in collection during the
year due to exemption of entry tax on 71 commodities.
The Mysore Betting tax Act, 1932 :
Administration of this Act was entrusted to the Commercial
taxes Department from 14-1-82. Earlier, it was administered by
the Revenue Department. During 93-94 the revenue collection
was Rs.8.98 crs. During 94-95 upto end of Feb.95 the revenue
: 11 :
collection was Rs. 12.78 crs. as against the anticipated collection
under this Act during the year is Rs.13.00 crs. and recorded
the G.R. of 30.14% over the collection ■ of previous year's
corresponding period.
Jn-House computer centre of the Department :
The Computer which was installed in the Department in
September 1984 is being used to analyse data received from
different offices of the department.
Cost of Collection of Revenue :
the revenue realised and expenditure incurred by the
department on the administration of the different Acts during the
last five years show that the revenue realisation has registered
steady increase from year to year, while the administrative
expenditure has remained at relatively low level. During 1993-94
an expenditure of Rs.31.07 crs.was incurred for collection of
taxes and administration, which works out to 1.20% of the total
collections. During the current year upto end of Oct.94 the
expenditure incurred was Rs.21.05 crs.
The relevant figures are given below :
{Rs. crores)
years
Revenue realised
Expenditure
under all acts
% of
Expendi
ture to the
rev. realised
1989-90
1232.45
19.66
1.59
1990-91
1489.93
19.97
1.34
1991-92
1857.00
24.13
1.30
1992-93
2027.53
27.00
1.33
1993-94
2577.58
31.07
1.20
1994-95
1391.07
21.05
1.51
(uoto end of Oct.94)
Demand Collection and Balance as on 31.03.1994
(Rs.in crores)
Collection
Balance
Act
Demand
K.S.T
C.S.T
K.E.T
2247.05
404.39
54.23
1945.12
318.83
52.44
301.93
85.56
1.79
K.A.I.T
15.00
9.16
5.84
L.T
13.41
13.17
00.24
K.T.E.G
162.42
132.01
30.41
P.T
85.50
74.92
10.58
B.T
11.05
11.05
-
Total
2993.05
2556.70
436.35
ANNEXURE -II
Statement showing the details of old arrears of Taxes
under all acts as on 31.12.1994
(Rs.Crores)
1.
2.
3.
Balance of arrears as on
31.3.94
Amount collected including
reduction upto 31.12.94
(excluding current demand)
Balance of arrears as on
31.12.94 of which
a) Collectible
b) stayed by the court
c) Others
436.35
(as per DCB)
174.46
(provisional)
261.89
59.73
119.85
82.31
- - - -
Note : others incfudes the amount covered by interest free
loans, installments facilities allowed, write off proposals, incentive
scheme and insolvency proceedings etc.
ANNEXURE -III
Details of Revenue realised under Minor Acts
Karnataka Entertainments Tax Act, 1958 :
Year
Revenue Realised
(Rs. in crores)
Annual G.R
(%)
1989-30
40.75
6.62
1990-91
42.00
3.07
1991-92
48 33
15.04
1992-93
49.64
2.71
1993-94
59.32
19.50
1994-95
42.61
(-)9.30
(upto end of Feb. 1995)
Karnataka Agricultural Income Tax Act, 1957 :
1989-90
15.52
48 37
1990-91
7.23
(-J53.41
1991-92
9.07
25.45
1992-93
10.86
19.74
1993-94
•9.01
(-J17.03
1994-95
15.57
111.55
(upto end ot Feb.1995)
6952-5
: 14 :
3.
Karnataka Tax on Profession, Trades, callings
Employment Act,1976 :
24.03
1989-90
56.85
67.42
40.23
1990-91
19.04
1.991-92
47.89
61.07
and
27.52
1992-93
1993-94
77.98
27.69
1994-95
79.64
20.90
(upto end of
Feb.1995).
4.
The Karnataka Tax on Luxuries (Hotels and Lodging
Houses)Act,1979 :
Year
Annual G.R
Revenue Realised
1989-90
5.42
78.88
6.46
7.81
1992-93
1993-94
10.43
20.90
34.19
11.65
15.64
11.16
30.55
1994-95
(upto Feb95)
5.
19.19
1990-91
1991-92
The karnataka Tax on Entry of Goods into local areas
for consumption, use or safe Therein Act,1979:
56.67
65.49
19.53
15.56
1991-92
82.06
25.30
1992-93
109.84
33.85
1993-94
132.68
20.79
1994-95
116.77
{-)4.71
1989-90
1990-91
(upto Feb.95)
15 :
6.
The Mysore betting Tax Act,1932 :
1989-90
8 79
1990-91
11.60
31.97
1991-92
8 61
(-)25.78
1992-93
9.95
15.56
1993-94
8.98
(-J9.75
1994-95
12.78
30.14
(upto Feb.95)
2.45
REPORT Q? GTATJ AUCGU If J
FOR TM5 YS'-U 1994-95 ( -i-s O:* ’■■>■' TiiJ mJ v--1
r/?Pi
The dtate Accounts Department
is one
of the Major Department of Government which
works under the Administrative Control of
the Finance Department. The ■’Controller1’
53 the head of the department.
The audit
of accounts of various Local Dodies euch -3
City .lunicipal Councils, Tovn Tnniclp.nl
Councils, Mandal Ponchayaths, Command Area
Development Authorities (CADAa) Public Libra
ries, Le;;al Aid Boards, Karnataka jacondoxy
education examination Board, K.J.I.D. .1
x.b.Q. Canteens, Hindu aeligions and Charitu
ble TndiFJnent Institutions, Universities,
Urban Development Authorities, etc., have
been entrusted to the Jtate Accounts Depart
ment under the provisions of the Acta and
.Jiles 01 these Institutions and also as per
the directions of the Govemraant received
iron time to time, Accordingly the audit of
the accounts of the Universities will ba
conducted by the Government auditors located
at the respective Universities.
The audit Of the accounts of the
local bodies and various other institution 5
in the diatrlot is being conducted by the
concerned district local audit circle and
by the head office.
per the provision of Section 150
as
of Karnataka Municipal Act 1976,
the audit
of accounts of Municipal Corporations is
being conducted by the Chief Auditors of
respective corporations,
rnment.
appointed by Gove
They work under general supervisi
on and guidance of the Controller,
Accounts Department.
State
There are 19 T.oo.al
Audit Circles and 8 Government auditors
offices which work under the direct control
of this department.
From 1989.90 and onwards,
the expen
diture in Mandal Panchayaths relating to
Jawahar Rozgar Yojanas is also coming under
the audit purview of this department.
AUDIT PROG.lAl-jilE AND PROGRESS:
As per the annual programme chalked
out for 1994.95,
it is proposed to take up
the audit of 5990 institutions consisting
of 4670 years of accounts.
December 1994,
At the end of
the audit of 2352 institu
tions of 2929 years of accounts has been
completed.
The audit of remaining institu
tions is -under progress.
It is anticipated
to complete the audit by the end of ilarch
1995.
5S52.-4-
CCNwRCLLBR AS THE TIcJABukdR 0? CliARITABLJ
ENDOTHEKT
As per the provision of the Article
361 of K.r.C. and. also provision of the
Government order No. i?D(R)
dared 12.12.1955,
5052 BB 22-55-5
the Controller is the
Treasurer for Charitable Endowments.
dingly,
Accor
a. sum of 1.25.95 lakhs relating to
2 59 endowments is held in the fora cl Secu
rities.
A sum of 1.77.55 lakhs is held in
the form cf Fixed Deposit Receipts relating
to Muzarai endowments.
MAINTENANCE OF COMPULSORY DEPOSIT SCHEME:
As per the provisions of compulsory
Deposit Scheme 1974, Controller is the nomi
nated authority for various local bodi-es
in the state.
At the end of January 1995
its. 4,26,520.00 is yer to be reimbursed. Nece
ssary action is being taken to re-imburse
this amounr.
DEPUTATION Ur OFFIOEitS AND OFFICIALS:
The officers and officials of this
department are on deputation to various
Government Departments, local bodies and
auronomous bodies in order to mainrain the
accounts acjd also to work aa internal auditors
and Finanqfial advisers. There are 5525 posts
in this department, out of which only 651
posts are under rhe direct control of this
Rest are on deputation to various
department.
Government departments, local bodies, etc.,
e.,
i.
about 8O;3 of the staff of this depart
ment are on deputation.
T<Aj—ilh'G r
During the year 1994.95,44 group 'A
& B' officers of this department have been de
puted to short term training programmes condu
cted by the Administrative Training Institute,
Mysore.
27 Accounts Superintendents working
in Public Jorks and Irrigation Departments
under vzent a short term training course "Maintainance P.rf.D. Accounts" conducted at the
Karnataka Secretariat Training Institute, Ban
galore.
Upto the end of January 1995, about
116 officers and staff of the Department
underwent short term Training courses conduc
ted at D.T.I.’s in different districts. Action
has been taken to conduct some more short term
Training courses for the staff during February
and March 9 5.
As the officers and officials of this
department are working in various Govern
ment, departments and local bodies on depu
tation, they are expected to maintain the
accounts in a more efficient manner.
Io
perform the above duty and responsibilities
a proper training scheme covering various'
Acts, Rules is absolutely necessary for the
officials of this department, both newly
recruited and in service candidates.
In
this connections, a proposal for opening of
a seperate training centre for this depart
ment has already been submitted to the
Government for consideration.
SXrEliDITU-tE 0? fill DEr A-hT. ill'T
A budget provision of Ss.586.55 lakhs
has been provided in the budget estimates
for the year 1994.95.
Cut of this, depart
ment has incurred an expenditure of .a. 195.30
lakhs to end of September 1994.
For the
year 1995,96 a budget estimate of k.411.00
lakhs have been submitted to the Government.
AUDIT CHARGES
As per the provisions of various Acts
and Rules of local bodies coming under the
audit purview of -this department, the audit
charges are being levied and collected.
A
sun of Rs.78.14 lakhs has been collected
during the year 1995-94, Rs. 59.18 lakhs
have been collected and credited to Govern
nent upto the end of November 1994 and a
sum of Rs. 10.00 lakhs is anticipated to be
collected to the end of March 1995.
KARNATAKA GOVERNMENT INSURANCE DEPT.,
BANGALORE - 560 001
ANNUAL REPORT FOR 1994-95
1.
LIFE INSURANCE BRANCH :
The Life Insurance Branch has issued
52185 policies for a sum assurance of
Rs. 97 crores and collected Rs.46 crores
premium
income
from
1.4.1994
to
31.12.1994.
This business is expected
to go up covering 69580 policies for a
sum assurance of about Rs 129 crores
yielding
premium
income
of
Rs.
61
crores by the end of 31.3.1995.
The
department has sanctioned Rs. 51 crores
as cash loan to 55272 policy holders
from 1.4.199- to 31.12.1994, which is
expected to go up to 68 crores by the
end of 31.03.1995.
The fund balance as
on 30.11.1994 is Rs. 591 crores, which
is estimated to reach 660 crores by
31.3.1995.
Bonus on the policies for
biennial ending on 31.03.1992 has been
declared at the rate of Rs.
86 per
thousand per annum.
The valuation work
for 1992-94 biennial ending 31.03.1994
is under progress and expected to be
completed very soon.
2.
MOTOR INSURANCE BRANCH :
The
motor branch has
insured
13798
vehicles
as
on
31.12.1994
yielding
premium income of Rs. 112 lakhs, which
is estimated to reach Rs.
150 lakhs
cover is 18397 vehicles bv the end of
31.3.1995.
3.3
The fund balance as on 31.12.1994 is Rs.
8 crores and this is expected to reach
Rs.10 crores by 31.3.1995.
3.
FAMILY BENEFIT FUND BRANCH •
This continues to be a social security
scheme for employees of local bodies and
aided Institutions. —
The details of business statistics of
these
three
branches
are
furnished
in. the enclosed proforma.
ADMINISTRATIVE POWERS
The financial powers hitherto centralised in
the Directorate have been delegated to
Divisional and District level officersThe power to issue the policies
grant
of cash loans and settling claims upto
Rs
40 thousand has been delegated to
District Insurance Officers and Deputy
Directors of the Division are exercising
Financial
powers
upto
to
Rs
50
thousand.
COMPUTERISATION
The department has purchased a computer
under Office Modernisation Scheme and is
used in preparation of salary bills for
our Bangalore Offices. Preparation of
maturity lists and preparation of master
index for insureds ledger sheets work is
14
done
with
the co operation
of
NIC.
Valuation work for 1992 94 has also been
done with the co operation of K G. C. C.
The
department
has
scheme
of
computerisation in a phased manner in
respect of ether field of activities of
this
Department .
Computerisation
of
>'otor Branch will be taken first on
priority basis .
The
work
in
the
department
progressing satisfactorily.
is
I
ST
KARHATAKA GOVBRJiMEHT IHSURANCB DBPARTXBHT: BAHGAJ,ORB-56OO01
31.
no.
Branch end Particulars
2
1
Unit
1991-92
1992-93
1993-94
3
4
5
6
1-4-94
to
31-12-94
7
19
ost
I.Life Influrance Branch
i.
2.
5.
4.
5.
6.
7.
8.
9.
10.
Number
36091
Rs.in lakhs
Hev policies Initial
39
Deposit
Now policioo outn Assuran :o Rs. in lakhs 10536
Number
Total policies in force
805687
lb. in lakhs
Total promiua) in force
50
New policies issued
Total, sum assurance
No. of claim policies
Rs.in crores
a) Maturity
b) Death
Numbor
Humber
Humber
33
34696
40
52185
48
6953
6
7963
810642
10472
813108
54
57.5
1162
9708
837812
46
84833
6
1245
127
25036
20301
3441
1446
2533
1137
2706
337j
14.99
3.11
0.73
20
4. d
50.65
591.20
ns on
30.11.94
67.5:
660
28717
998
1072
22467
2501
c) Surrender value
Amount of claims paid
a) Maturity
b) Death
c) Surrnder value
Amount of Loan Granted
20239
2575
1808
Rs.in crores 10.33
Fb.in croroa 2.84
Rs,in crores 0.83
fc.in crores 43.01
1 1 .25
3.12
0.86
48.80
16.35
3.83
0.79
65.88
Life Fund Balance
5s.in crores 376
503
577
1210
1294
151
0.97
- - .
2
1
3
4
5
6
7
0
1816J
17697
136
13798
1 12
18397
150
200
234
312
34
690
39
771
51
1027
115
340
93
273
125
364
6269
II . Motor Insurance Branch
1.
2.
Vehicles Insured
Total Premium income
5.
4.
Ho. of clalmo paid
Aaount of clalaa paid
Motor Brunch Fund Balance
5.
Numb er
9536
fa.In lakluo
135
238
Numb or
31
496
139
310
40
596
fa.In lakho 110
fa.In lakho 204
fa.In lakho 40.64
273
5040
fa.in lakho
fa.In lakho
III. Panlly Benefit Fund
Branch
1.
2.
Racolpto
Payraonto
5.
Fund Balance
129
5923
••<7
TREASURY
(Govt.
of Karnataka)
-
REPORT
ANNUAL
1994-95
Treasuries
of
Director
The
DEPARTMENT
is
Chief
the
Controlling Authority for the Treasury Department
and
the
on
him.
Department
under
the
administrative
devolves
comes
of the
functioning
efficient
Department
of
Treasuries
control
of
Finance Department in the Government.
2.1
CONSTITUTION
the
There
are
State
including
Treasury
In
addition
Bangalore
Treasuries
21
viz..
State
Huzur
the
payment
grant
in-Aid
the
Bills
City
of
limits
payment
with
disbursement
only.
With
the
of
the State.
accounts
above
of
in
(District
Treasuries
two
additional
which
Treasury,
transactions and
G-I-A
of
Treasury
mainly
unit
District.
are
also
in
Dharwad
there
with
pension
District
two District
the
in
additional
to
mainly
the
Treasuries
District
in
deal
situated
TREASURIES :
Hubli
at
at
THE
OF
Institutions
Bangalore
and
which
deals
various
total
pensions
there
are 23
Treasuries)
in
and
District
the
Urban,
the
under
are
in
charge
District
Gulbarga
and
Belgaum
of
Grades
Officers.
Treasuries
are
Treasury
officers.
Class
Jr.
The
remaining
District
the
charge
District
of
the
in
grade
of
is
stamp
Depot
the
Control
Director.
This
stamp
Depot
the
franking
of
stamp
papers
to
all
District
which
with
vendors
District
under
a
of
issue
who
the
is
of
and
Directors
There
Bangalore,
mainly
are placed
above
are
who
Scale.
at
Dy.
under
they
Dy.
the
Treasury
I
Bangalore
the
Senior
the
of
and
headquarters
divisional
the
Bangalore
Treasuries
Mysore,
of
Treasury,
Rural,
Bangalore
Treasuries
at
Huzur
State
of
respect
well
as
as
the
a
deals
Bond
Papers
the local
stamp
Treasuries
in the State :
the commencement of
3.1
At
the
number
which
179
of
are
Sub-Treasures.
a
new
opened
Taluk
full
at
were
Sub-Treasures
Banking
3
During
pledged
11
year
the
non
Banking
1994-95
Sub-Treasury
Shankaranarayana
of Dakshina Kannada
out of
190
year
are
the
1994-95
(in
has
been
Coondapur
District) and it has
been functioning w.e.f 13.01.1995.
•a;e;s aim
3.2
Considering
of
Sub-Treasuries
State
have
been
of
volume
178
sub-Treasuries
Gazetted sub-Treasury
of
transactions
of
transactions
in
the
under
the
charge
Officers.
The
volume
the
State
placed
of
of
Treasuries
in
are as follows :
VOLUME OF TRANSACTIONS
AMOUNTS
YEAR
NO. OF
CHALLANS
1993 - 94
8737A 65
135568285910
199- - 95
upto
Dec. 1994
6890305
1012A3628517
YEAR
VOUCHER
1993 - 94
8971A66
126697222179
1994 - 95
upto
7326822
1193718AA768
AMOUNTS
•
With
a
view
afford
to
15
publici1
re siding
Sub-Treasuries
have
the
level
to
the
varicus
of
facilities
maximum
in
established
been
Hoblies
Areas,
Rural
the
outside
at
Taluk
the
Hea d Quarters also.
3.4
The
following
are
having
Reserve
1.
Ku nd goi
4.
Shiggaon
2.
Navalgund
5.
Shiraha tti
3.
Ron
6.
Supa.
For
3.5
public,
in
the
the
currenty
converted
the
agency
chests
as
banks
the
general
have
been
restored
Banking
though
they
Treasuries
and
Government
conducting
are
Chests
of
Sub-Treasuries,
following
are
Currency
Bank
convenience
the
Tresuries
non-Banking
transactions.
1.
Z.
Mundargi
4.1
Computers
State
Huzur
preparation
Treasury
Mundgod
have
Treasury
of
has
been
in
accounts
been
3.
Kalgatagi
installed
in
the
the
year
1985
and
in
respect
of
this
totally
computerised
31
and
classified
to
the
A.G.
accounts
are
being
rendered
Nov/
with the
intension of
introducing
system
in
the
District
the
hardwares
were
supplied
w.e.f.
April
1991
and
under
Revenue
Heads
and
under
service
Heads
are
Informatic
Centres
of
the
all
the
District
Treasuries
with
enhanced
of
view
to
accounts
being
imparted
as
to
and
possible
After
reviewing
of
Treasury
upgraded
during
the
year
the
system
throughout
many
the
the
in
continue
computer
stability,
more
Pancha-
Zilla
further
been
capacities
a
computerised
with
as
have
on
National
installed
computers
With
in
computerisation
Accounts,
prepared
with
Districts.
of
progress
1996-95.
being
accounts
the
of
year
accounts
full
1996
part
functioning
the
the
during
co-ordination
in
yats
the State computer
Treasuries in
computers
accounts
of computerised
State
training
Treasury
efforts
the
are
is
personnel
likely
to
of
the
yield good results in the near future.
Consequent
6.2
system
Advance
the
of
the
on
disbursing
to
H.D.F.C.,
introduction
Government
the
House
Building
employees
through
the
Director
of
Tresuries
has
33.
of
the
number
of
loanees
as
on
Dec.
maintenance
The
13, 000
accounts
by
which
the A.G
are
fund
under
1994,
the
and
regard.
scheme
the
to
hither
were
now
this
in
are
detailed
maintained
maintained systema
being
tically at the Directorate.
Fixing
5.
Balances
Normal
Non-Banking
to
Sub-Treasuries :
With
for
amount
of
lakhs
was
proposal
the
Normal
fixed
for
has
the
to
fix
of
Rs.15.67
funds
public
tran
Sub-Treasuries
total
Government
Non-Banking
at
sufficient
provide
to
view
conducting
sactions
the
a
Government
year
the
Orders
the
and
Government
to
of normal
balance
1995-96
and
awaited
in
the
up
to
the
Inspections
of
year
are
Rs.11.34
1994-95
sent
amount
for
&
Balance
been
now
increased
lakhs
and
matter.
6.
Treasury Inspection :
During
end
of
22
District
Feb.
the
1995
current
year
Technical
Treasuries
(unit
of
accounts)
by
this,
the
Director
the
with
of
administration
conducted
and
from
view to streamline and to activise
a
inspections
Apart
Treasuries.
of
38
Sub-Treasuries
by
the
officers
suitable
surprise
Department,
the
of
the
of
instructions
have
been
Directorate
were
issued
to
improve the systems in the Treasuries.
Pension Disbursement : .
7.
The District Treasuries and Sub-Treasuries
are
different
cally
payment
making
and
through
postal
money
pensions
of
age
pensions,
physi
Distitute
widow
pensions
old
Governments
handicapped
civil
of
orders
and
through the
all
these
pensioners
public sector Banks.
The
of
number
as on 31.12.1994 is 16,40,168.
8.
Budget :
The
expected
Dept.
which
1994-95
is
is
total
under
expenditure
of
the
non-plan
for
the year
i.e.
till
the end
Rs.16,90.20, 000.00
of March 1995.
(N.B : - The expenditure show)Vabove is
probable because the actual figure till
March-end
cannot
be
furnished
at
this stage).
3'4
DEPARTMENT OF SMALL SAVINGS AND
STATE LOTTERY
Annu a 1 Report_ £_£—£.____ 9 ear 1994-95
The
and
Department
Stat e
Savings,
K a ma taka
of
Savings
Small
Lottery
deals
with
Karnataka
State
Lottery
State
Employees
Sma 11
and
Group
Insurance Scheme.
SMALL SAVINGS
The
Small
Savings
scheme
has
following objectives;
1.
to
inculcate
the habit
of
thrift
and
savings among
the
people
and
to
provide
not
only
security
but
also
a
fair
return
for
their
savings.
2.
to counteract inflationary
pressures on the econ cmy and
thus help to hold the price
1 ine.
3.
to channalise the peoples
savings
into
the
developmental
programmes
of
the Country and involve them
in
the
a evelopmentai
activities of the Nation.
4.
to solve the umer.p logment
problem
in
the
Country
by
the
who
read
and
appointing
one
women)
as
u’ r it e ( including
ng s
Scherne
Savings
Nation a 1
A gents.
For
of
the
year
Karnataka
have
Small
Savings
crores
gross
As
Rs
and
Government
target
of
Rs
1800
crores
net.
the
of
collection
this,
against
1994-95,
fixed
600
Rs ' 1832.87
net
have
period
from
gross
and
Rs
1101.77
crores
been
achieved
during
the
1.4.94
financial
crores
During
31. 1.95.
to
year,
a
been
has
sum
this
current
Rs
747.07
of
received
crores
far
so
from
Government of India as long term loan.
there
are
agents
for
Small
they
have
all,
In
authorised
in
the
to
secure
Rs
325
State
and
investments
crores
of January
more
to
2 2 600
Savings
been
the
approximately
able
tune
upto
of
end
1995.
In
order
to
schemes
more
attractive
increase
the
under
than
report,
make
collection
Small
Savings
and
thereby
during
Government
of
the
year
Karnataki
•/e introduced the following schemes;
1.
In
orcer
to
augment
the
Small
Savings
col lections, a prize scheme
on
different
Small
Savings
investments
has
been
introduced
from
1.8.94.
Attractive
prizes
are
offered
to
the
prize
winners under this scheme.
2.
A special incentiveat
the rate
of 2.5% is being
offered
for
bulk
investors
investing
Rs
5
lakhs
and
above
in
one
lumpsum
in
the
three
specified
Small
Savings
securities
such
as
Indira
Vikas
Patras,
Kisan
Vikas Patras
and
National
Saving
Certificates 8th issue.
3.
A special incentive
is also offered at the rate
of
2%
for
the
investors
investing
Rs
25,000/and
above upto Rs 5
lakhs,
in
one 1 ump sum in Indira Vikas
Patra,
Kisan
Vikas
Patra,
Monthly
Income
Scheme
and
Time Deposit (3 S 5 years)
during
the
period
from
1.4.94 to 31.3.95.
4.
The Department have
also aimed to convert
1000
villages
as
"3ACHATH
VILLAGES"
and
20
Taluks
u
as "BACATH TALUKS"
5.
In
order
to
augment
the
Small
Savings
collections
especially
in
rural
areas,
arranged
-prize
competition
among
MPKBY
agents
during period
from 1.8.94 to 31.12.9*.
6.
In order to encourage
the
Postal
Officials
to
participate
effectively
in
Small
Savings
work,
special incentives are also
offered
to
Post
Offices
and
Postal
Officials
performing
Small
Savings
work
for
the period
from
1.4.94 to 31.3.95.
7.
Besides
this,
special
campaigns
have
been
arranged
to
tackle
individual
investors
especially
the
potential
agriculturists
in
rural
areas
all
over
the
State
under
the
leadership
of
Deputy
Commissioners
and
Chief
Executive
Officers
of
Zilla
Panchayaths
involving
other
departmental
officers
and
officials.
KARNATAKA STATE LOTTERY
In
for
order
the
1969.
and
trusted
the
of
has
Government
State
Lottery
scheme
is
r unn ing
it
then,
Since
profitably
most
State
the
intreduced
from
activities
developmental
State,
resource
the
augment
to
a
earned
has
lottery
name
as
in
the
scheme
entire Country.
The
a
total
from
State
net
Government
revenue
of
period from
During
1969-70 to
the
year
recei ved
63.5
Rs
crores
during
scheme
Lottery
the
has
the
1993-94.
special
1994-95,
Bumper-2,
Super
Bumper-5,
Monthly
Bumper-5,
Nandi
Bumper-26,
Krishna
Bumper-11,
Kabini-4,
Kapila
Weekly-52
and
Jubilee
Silver
year
Bumper-1
draws
are being conducted.
For
the
approximate
year
1994-95,
net
revenue
scheme is Rs 6.23 crores.
the
expected
from
this
KARNATAKA STATE EMPLOYEES GROUP
INSURANCE SCHEME
The
introduced
It
Government
State
this
scheme
1. 1.1932.
from
State
to
applies
Government
Employees
only.
p r ov id efl
insurance
nominees
of
Government
Employees
who
and
provides
in
service
payment
for
present
not
only
benefits
to
the
the
superannuation
At
scheme
The
dief!
about
are
on
fund.
savings
the
from
while
lumpsum
employ ees
retired
there
State
deceased
also
the
has
lakhs
4.81
members for this scheme.
During
of
1994,
September
has
crores
of
been
1994-95,
upto
end
sum
of
Rs
7.62
to
the
nominees
and
to
the
servants
on
a
paid
employees
deceased
retired
year
the
Government
superannuation.
During
of
September
25.24
crores
year
the
1994,
in
the
1994-95,
a
upto
balance
Insurance
end
of
Rs
Fund
and
-Afo-
and
Rs
Fund
altogether, a
total
balance
of
Rs
has
been
registered
in
2 16.39
2-, 1.63
crores
this scheme.
crores
in
the
Savings
Printed by : The Director of Printing, Stationery & Publications, Government Press, Bangalore-1.
Printed By :
The Director of Printing, Stationery & Publications,
Government Press, Bangalore
Position: 753 (6 views)