CAG flags tax irregularities by banks, NBFCs
- Posted on April 2, 2026
- By Business News Today
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CAG flags tax irregularities by banks, NBFCs
The audit identified 1,847 observations, including 671 systemic issues and 533 compliance lapses. The largest discrepancies related to improper deductions for bad debts, provisions for doubtful loans and transfers to special reserves.
