The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
The employees of the Public Undertakings may be allowed to draw an ex-gratia grant of Rs. 4200/- per head provided their revised emoluments as on 31.03.2020 did not exceed Rs. 34250/- p.m.
RBI has authorised additional Banks to handle Govt transactions. The State Government Offices and the Autonomous Bodies/ Statutory Corporations may maintain bank account with it.
Pensioners whose basic pension plus relief did not exceed Rs. 25000/- only and are not eligible for ad-hoc bonus shall be paid an ex-gratia grant of Rs. 1900/- only in lump per head.
Balance in the Local Fund (LF) and Provident Fund Deposit (PFD) accounts is to be transferred to the merged municipalities viz. Bidhannagar Municipal Corporation, Howrah Municipal Corporation and Asansol Municipal Corporation.
Governor has now been pleased to decide to release fund up to 75% of the whole years’ Budget provision for the financial year 2022-23 for Other Non-Salary items.
Governor is pleased to notify the 17th March, 2014, day after Doljatra (on 16th March, 2014), as a holiday in all the offices under the Government of West Bengal.
An ex-gratia grant of Rs. 3,500/- per head may be granted to the employees of Public Undertakings whose monthly emoluments is below Rs. 25,000/- per month.
IFMS is an IT-enabled system to integrate and record all the Government financial transactions, online-monitoring, generation of MIS reports etc., including treasury computerisation and integration of treasury function with DDO, Banks and AGWB.
Governor has been pleased to decide that the rate of interest on ‘State Compensatory Afforestation Fund [SCAF]’ will be 5.5% per annum and 3.5% per annum for the financial year 2019-20 and 2020-21 respectively.
The following measures are prescribed to utilize the services of the departmental Financial Adviser system in exercising oversight for the effective functioning and financial management of such organisations.