Business Studies, asked by RiyaGungun, 2 months ago

What is Departmental Undertaking..??​

Answers

Answered by umitbarman1111
4

Answer:

The departmental undertaking is the oldest and traditional form of an organization of the public sector enterprise.

Features of Departmental Undertaking

1. Audit and AccountingNormal budgeting, accounting and audit procedures are applicable to departmental undertakings just like government departments.

2. Managed by Civil ServantsThe departmental undertakings are managed by the civil servants, who are subject to the same services condition as applicable to civil servants of the government.

Advantages

1. Provides easy informationIt is easy to set up departmental undertaking. The departmental undertaking is created by an administrative decision of the government, involving no legal formalities for its formation.

2. Tax on the Public is lesserEarnings in this department are paid into government treasury, resulting in the lesser tax burden on the public.

Answered by XxItzPallaviQueenxX
42

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Departmental undertaking is a public enterprise which is organised, control and manage by the government in the same way as any other government department.

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