The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Local Bodies Grants, Water Sector Management, Grants for Forests, District Innovation Fund, Improvement of Statistical system, Employees and Pensioners data Base.
Delegation of power to the Departmental Secretaries for according administrative approval to the schemes where the cost estimate is limited to Rs. 10.00 lakhs.
Loans to Local Bodies – Municipal Corporations, Municipalities, Improvement Trusts, Development Authorities, Zilla Parishads, Anchalic Parishads, Panchayat Samities, Housing Boards etc. — 13.00.
Governor is pleased to declare that the special pay of Rs. 120/- p.m. for Head Estimator, shall be treated as Additional Remuneration w.e.f. 01.01.1996.
Health & Family Welfare Deptt. shall constitute a College Level Approval Committee (CLAC) comprising the following for each Medical/ Dental College in the State by notification.
The Governor has been pleased to Fix the following rates of interest on loans taken by Government Servants during the year 2011-2012 as follows:
Governor has been pleased to accord sanction to introduce the fixed rate of interest in the Housing Loan Scheme for employees of Govt. of West Bengal for a period of one year with effect from 01.07.2010 in the following manner as prescribed by the WBSCB Ltd.
Model Sanction Order Forms as prescribed in Accounting Procedure to Group Insurance-cum-Savings Scheme, 1983 and 1987 were introduced for making final payment on retirement/ cessation of employment or in case of death.
As the rate of interest is not uniform throughout the financial year, a new P.F. Account calculator has been created which will perfectly calculate the interest and generate the Account slip.
GPF, CPF, CPFE shall carry interest at the rate of 8% (eight per cent) for the period from 1.4.2011 to 30.11.2011 and 8.6% (eight point six per cent) w.e.f. 01.12.2011.