Finance

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

West Bengal Fiscal Responsibility and Budget Management Act, 2010

An Act to provide for the responsibility of the State Government to ensure prudence in fiscal management and fiscal stability by progressive elimination of revenue deficit, reduction in fiscal deficit and prudent debt management consistent with fiscal sustainability, greater transparency in fiscal operations of the State Government and conduct offiscalpolicy in a medium-term framework and for matters connected therewith or incidental thereto.

Rate of Interest on GPF (01.01.2021 to 31.03.2021)

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.