Comptroller and Auditor General of India (CAG) plans to audit the impact of demonetisation and the affect it has had on government tax revenues. CAG Shashi Kant Sharma said that he plans to audit certain issues related to fiscal impact of demonetisation, largely its impact on tax revenues. He said, CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data. <br/>Mr Sharma said, the CAG is gearing up to audit tax revenues under the new Goods and Services Tax (GST) regime and has started capacity building and reorienting its audit methodology and procedures. The auditor has also conveyed to the government its stand on the recent move of the GST Council to delete section 65 of the preliminary draft that authorised CAG to audit GST.<br/>He said, CAG has already completed special audit of agricultural crop insurance scheme and flood control and flood forecasting and is now engaged in several important audits like Right to Education, National Rural Health Mission, defence pensions and Ganga Rejuvenation. Mr Sharma said, these reports should be ready by the end of the current year. <br/><br/>He asserted that CAG has audit jurisdiction over any body or authority which has any relation to government revenues and expenditure and resistance by some like city development bodies, DISCOMs and metro corporations will wither away.