Comptroller and Auditor General of India (CAG)

Former Jammu and Kashmir Lieutenant Governor GC Murmu was recently appointed as the new Comptroller and Auditor General of India (CAG).
The Constitution of India provides for an independent office of the Comptroller and Auditor General of India (CAG) in chapter V under Part V.
The CAG is mentioned in the Constitution of India under Article 148 – 151.
He is the head of the Indian Audit and Accounts Department.
He is the guardian of the public purse and controls the entire financial system of the country at both the levels- the centre and state.
His duty is to uphold the Constitution of India and the laws of Parliament in the field of financial administration.
The CAG is appointed by the President of India by a warrant under his hand and seal.
He holds office for a period of six years or upto the age of 65 years, whichever is earlier.
He ascertains and certifies the net proceeds of any tax or duty and his certificate is final on the matter.
He submits his audit reports relating to the accounts of the Centre and State to the President and Governor, who shall, in turn, place them before both the houses of Parliament and the state legislature respectively.
He submits 3 audit reports to the President: audit report on appropriation accounts, audit report on finance accounts and audit report on public undertakings.
He acts as a guide, friend and philosopher of the Public Accounts Committee of the Parliament