Finance

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

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Office remains Open with 25% Staff w.e.f. 20.04.2020

All the Departments and other establishments shall start functioning with the officers of and above the rank of Deputy Secretary or equivalent and support staff of Group C and below not exceeding 25% of the existing strength each day with effect from 20th April 2020.

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.

Rate of Interest on GPF (01.01.2020 to 31.03.2020)

During the period from 01.01.2020 to 31.03.2020, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9%.

Ex-gratia Payment to West Bengal Govt. Pensioners, 2019

Governor has been pleased to decide that all State Government Pensioners whose basic pension plus Dearness relief on pension as on 31st March, 2019 did not exceed Rs. 26,000/- only and are not eligible for ad-hoc bonus shall be paid an ex-gratia grant of Rs. 2,100/- only in lump per head.

Bonus/ Ex-Gratia to Employees of Public UT, 2018-19

The employees of the Public Undertakings/ Statutory Bodies may be granted an ex-gratia grant of Rs. 4,000/-per head provided their revised emoluments as on 31st March, 2019 exceeded Rs. 10,000/- per month but did not exceed Rs. 30,000/- per month.

Furnishing Hard Copy of Beneficiary List to Treasury

With a view to move further towards making paperless treasury system, the Governor is pleased to discontinue the mandatory provision for submission of hard copy of beneficiary list with the bill/advice to Treasury.

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