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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Full Interest Subsidy on Educational Loans

Government of India provides full interest-subsidy on educational loans for students with parental family income less than 4.5 lakh annually for the academic sessions 2009-10 onwards.

Delegation of Power to Grant Subsidy in Transport

Governor has been pleased to empower the Transport Secretary to the Government of West Bengal to grant subsidy for payment of salary, pension and retirement benefits in respect of employees of the Transport Corporations.

Validity of LOC Cheques issued before 31.03.2014

All the L.O.C. Cheques issued on or before 31.03.2014 by the Divisional Officers of Public Works Executing Departments and Forest Department of the State Government shall remain valid for encashment upto 10.04.2014.

Temporary withdrawal of ‘On-line Re-appropriation System’

The facility for ‘Online Re-appropriation System’ shall be not be available to the Administrative Departments on and from 01.02.2014. After this period, in case of necessity, the Administrative Departments may move to the Budget Branch of Finance Department for ‘Offline Re-appropriation’.

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