Comptroller and Auditor General (CAG)

Appointed by  : President of India
Tenure             : Upto 65 years or 6 years term

The Comptroller and Auditor General (CAG) of India is an authority, established by Article 148 of the Constitution of India, which audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government. The CAG is also the external auditor of Government-owned corporations and conducts supplementary audit of government companies, i.e., any non-banking/ non-insurance company in which Union Government has an equity share of at least 51 per cent or subsidiary companies of existing government companies. The CAG is also the head of the Indian Audit and Accounts Department, the affairs of which are managed by officers of Indian Audit and Accounts Service. 
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​APPOINTMENT
The Comptroller and Auditor-General of India is appointed by the President of India following a recommendation by the Prime Minister. On appointment, he/she has to make an oath or affirmation before the President of India.

​​DUTIES OF CAG
As per the provisions of the constitution, The CAG’s (DPC) (Duties, Powers and Conditions of Service) Act, 1971 was enacted. As per the various provisions, the duties of the CAG include the audit of:

• Comptroller and Auditor General to compile accounts of Union and States
• Comptroller and Auditor General to prepare and submit accounts to the President, Governors of States and Administrators of Union territories having Legislative Assemblies
• Comptroller and Auditor General to give information and render assistance to the Union and States General provisions relating to audit
• Audit of receipts of Union or of States
• Audit of Government companies and corporations

SALARY OF CAG
The Comptroller and Auditor-General(CAG) a salary which is equal to the salary of the Judge of the Supreme Court.

TERM OF OFFICE
The Comptroller and Auditor-General shall hold office for a term of six years or till sixty-five years.