Rate of Interest on State Compensatory Afforestation Fund, 2024-25
Rate of interest (ROI) on ‘State Compensatory Afforestation Fund (SCAF)’ will be 3.35% per annum for the Financial Year 2024-25.
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Rate of interest (ROI) on ‘State Compensatory Afforestation Fund (SCAF)’ will be 3.35% per annum for the Financial Year 2024-25.
A State Government employee whose revised emoluments on 31.03.2012 exceeded Rs. 22,000/- p.m. but did not exceed Rs. 30,000/- p.m. may be granted an advance upto a maximum of Rs. 2,000/- only.
All the Administrative Departments will arrange for opening of Deposit Accounts of all parastatal bodies under their administrative control so that all such organizations can use the Deposit Account for all their operations.
Head of Offices/ DDOs who have already implemented the COSA package are not paying the bills of WEBEL for supply of computers and the bills of Vendors selected by this Department for installation of COSA software.
To remove such confusion it is clarified that all the provisions in the said Memo are equally applicable to all employees of Corporations, Boards, Undertakings, Statutory Bodies, Local Bodies, Educational Institutions etc.
Governor has been pleased to declare that all offices under the Government of West Bengal with few exception will be closed at 2:00 P.M. on 01.07.2016.
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.
During the period from 01.01.2018 to 31.03.2018, accumulation at the credit of the subscribers to GPF shall carry interest @ of 7.6% per annum.
No further concurrence of Gr T of Finance Department would be required for transferring the same to the earmarked/ designated bank account of the State Nodal Agency (SNA) of that Scheme.
State Government is currently required to incur heavy unforeseen expenditure to combat the situation arisen due to such pandemic outbreak. The 21 days lockdown which is currently in force throughout India, has severely affected the economy of the Country and the State.