Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
The new system will provide benefits such as real-time online services to the subscribers for accessing their Provident Fund Statements, withdrawing fund from Provident Fund Deposit Account and Final Settlement of Provident Fund entitlement.
In all cases the RIDF projects identified for sanction of NABARD are sent to Finance Department for technical examination by its RIDF wing. Considerable time is spent in this process leading to delay in the submission and sanction of projects by NABARD.
Accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum. The rate will be in force during this financial year for the period from 01.01.2021 to 31.03.2021.
It has been decided to allow Interns engaged in Finance department 12 (twelve) off days during their tenure subject to the condition that not more than 6 (six) off days at a time will be allowed.
Guidelines for drawal of wages bills related to work-charged establishment under engineering set-up of various Departments in new system after discontinuance of the LOC system wef 01.04.2015.
Governor is pleased to decide that during the period from 01.10.2021 to 31.12.2021 accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1% per annum.
State Government employee whose revised emoluments exceeds Rs. 20,000/- per month but did not exceed Rs. 28,000/- per month may be granted an advance up to a maximum of Rs. 2,000/- only.
Performance security: 5 percent after lapse of the test performance period/ Defect Liability Period to be fixed by the competent authority of the Department concerned.
To ensure better compliance of the guidelines, publication of brief referral advertisements in respect of all e-tenders to be floated by the State Government offices shall be done centrally by the concerned Administrative Departments.
Government of West Bengal shall carry interest at the rate of 7.1% (seven point one percent) per annum. The rate will be in force during this financial year for the period from 01.01.2022 to 31.03.2022.