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.

Rate of Interest on GPF (01.04.2020 to 30.06.2020)

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 01.04.2020 to 30.06.2020.