Finance

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

Advance Planning for Making Expenditure in Next FY

To ensure timely execution of different works an advance planning by the Departments is essential. The last quarter of a FY can be utilized for preparatory works including floating of tenders so that work orders can be issued in the first week of April of the next FY.

Introduction of New TR Form No. 51

Governor is pleased to replace the existing TR Form No. 51 with the new TR Form No. 51. Necessary amendment in West Bengal Treasury Rules will be made in due course of time.

Temporary withdrawal of ‘On-line Re-appropriation System’

The facility for ‘Online Re-appropriation System’ shall be not be available to the Administrative Departments on and from 01.02.2014. After this period, in case of necessity, the Administrative Departments may move to the Budget Branch of Finance Department for ‘Offline Re-appropriation’.

Bidders undergoing Corporate Debt Restructuring

Financial soundness is judged on the basis of net worth and turnover and hence there is no scope to render a bidder ineligible simply because the bidder failed to earn profit in some years.