Public Accounting Committee is a committee of selected members of the Indian Parliament that audits the expenses of the Government of India. Public Accounting Committee submits its report to the Lok Sabha Speaker.

Report Submission by The Public Accounts Committee

The Public Accounts Committee (PAC) is a committee of selected members of Parliament (MPs) of India, which is responsible for scrutinizing the report(s) submitted by the Comptroller and Auditor General (CAG) of India. The PAC examines the accounts showing the appropriation of the sums granted by Parliament for expenditure of the Government of India, the Annual Financial Accounts of the Government of India, and such other accounts as the President may direct.

Report Submission Procedure

Once the PAC completes its review of the CAG report(s), it submits its report to the Speaker of the Lok Sabha, which is the lower house of the Indian Parliament. The following are the steps involved in the submission of the PAC report:

1. The PAC finalizes its report, which includes its findings, observations, and recommendations, based on the CAG report(s).

2. The Chairperson of the PAC signs the report, and it is circulated to all the members of the committee for their approval.

3. Once the report is approved by the members of the PAC, it is presented to the Speaker of the Lok Sabha by the Chairperson of the PAC.

4. The Speaker places the report before the Lok Sabha for consideration.

5. The report is then referred to the Ministry concerned, and its response is sought within a stipulated timeframe.

6. The PAC examines the response of the Ministry concerned and submits its final report to the Lok Sabha.

7. The Lok Sabha may consider the report of the PAC and take appropriate action based on its recommendations.

Conclusion

In conclusion, the PAC submits its report to the Speaker of the Lok Sabha, which is the lower house of the Indian Parliament. The Speaker places the report before the Lok Sabha for consideration, and the report is referred to the concerned Ministry for response. The PAC examines the Ministry's response and submits its final report to the Lok Sabha, which may take appropriate action based on its recommendations.