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Finance

The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.

Procurement of Computer related Items upto Rs. 5 Lakh

It is hereby clarified that the Rs. 5.00 lakh ceiling fixed for procurement of computer related items in terms of the order no. ibid is applicable only for the projects funded under Administrative Expenditure.

Interest Rate on General Provident Fund (01.01.2025 to 31.03.2025)

Governor is pleased to decide that during the period from 01.01.2025 to 31.03.2025, accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1% (Seven point one percent) per annum.

Loans and Advances of State Government for 2024-2025

Loans and Advances of the State Govt – Interest rates and other terms and conditions for the F.Y. 2024-25.

All projects of PWD would be processed through UPMS

Onboarding of PWD in the Unified Project Management System (UPMS) Portal in IFMS for management of the complete life-cycle of a project.

Introduction of SNA-SPARSH/ JIT Mechanism for Release of CSS Funds

The SNA and the Implementing Agencies (IAs) down the ladder shall be registered in State Integrated Financial Management Information System (WBIFMS).

Introduction of “Cyber Treasury” for Just-in-Time release of CSS Funds

Governor is please to open a new Treasury to be named as the Cyber Treasury (Treasury Code: CAG) which would be a virtual Treasury like the one we already have for the GRIPS receipts namely e-Treasury.

Cell of Officers for Field Inspection (Monitoring and Supervision) System

It has been decided by the competent authority to create a cell of the officers from the e-Governance Group, Finance Department for better management and monitoring of the stated portal.

Constitution of 6th State Finance Commission, West Bengal

Governor is pleased to constitute the 6th State Finance Commission, West Bengal. The Chairman and the other members of the Commission shall hold office for two years from the date on which they assume office.

Help Desk for Field Inspection (Monitoring and Supervision) System

Subir Sasmal (DEO): 9564731941 Suvam Dey (DEO): 9475191393 Krishnendu Hait, (SSP): 8967435526 Anup Mondal, (SSP): 6297044450

Mobile App for Field Inspection, Monitoring and Supervision

Government is pleased to frame a Standard Operating Procedure (SOP) for this Mobile App and Online based Application to purposefully capture and analyze the Inputs and feedback of field Inspections.

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