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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.

Latest Publication

Memorandum for Vote on Account Budget 2013-2014

The Administrative Departments/ Controlling Authorities may now make allotment of fund relating to Non-Plan expenditure for Salary Items upto 33% and Non-Salary Items upto 25% of the whole year’s budget provision.

Release of Fund from PAO & Treasury for Financial Year 2013-14

Salary/ Remuneration/ Wages; Honorarium and Additional Honorarium for ICDS staff and expenditure for running ICDS centres; Stipends in respect of Internees, House-staff, P.G. Students and Trainee Nurses of Medical Colleges and hospitals;

Delegation of Financial Power to 14 Departments

Governor has been pleased to empower the Additional Chief Secretary/ Principal Secretary/ Secretary to release States matching share as well as Central Share up to the Vote on Account provision.

Vote on Account Budget 2013-14

West Bengal Appropriation (Vote-on-Account) Bill, 2013 passed by the West Bengal Legislative Assembly has received the assent of the Governor of West Bengal.

Investment in Term Deposit by State Government Institution

To discontinue the practice of inviting competitive bids for Term/ Fixed Deposits from the Banks and shall place their deposits with the bank(s) with whom they have a regular course of business, including public sector banks.

Rate of Interest – House Building Loan at UBI

Housing Loan Scheme for the employees of the Government of West Bengal in association with the United Bank of India under tie-up arrangement – Rate of interest with immediate effect.

Delegation of Financial Power for Office Rent

Financial power of District Magistrate and Head of the Department (other than Commissioner/ Secretary) to sanction Office Rent as Rs. 8,000/- and Rs. 10,000/- for each house per month respectively.

Medical Reimbursment Bill in anticipation of Allotment 2012-13

Bills towards medical reimbursement drawn under the detailed head 07-Medical Reimbursement may also be passed in anticipation of allotment of fund for the period upto the end of the financial year 2012-2013.

Validity of LOC Cheques for 2012-13

All the L.O.C. cheques issued on or before 28.03.2013 by the Divisional Officers of Public Works Executing Departments and Forest Department of the State Government shall remain valid for encashment up to 12.04.2013.

Last Date of Treasury Transaction for Financial Year 2012-13

The last date for all the treasury transactions in respect of the financial year 2012-2013 is rescheduled to 28.03.2013 in case of Jalpaiguri Division instead of 26.03.2013 as stated earlier.

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