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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Allotment of Plan and Non-Plan Fund upto December, 2014

West Bengal Appropriation Bill, 2014 has been passed by West Bengal Legislative Assembly. Copies of the West Bengal Appropriation Act, 2014 have been forwarded to the Administrative Departments under Finance (Budget) Department Memo. No. 499-F.B. dated 30th July, 2014.

Mandatory Payment of ST, VAT, PT & State Excise through GRIPS

All taxes under West Bengal Value Added Tax Act, 2003, West Bengal Sales Tax Act, 1994, Central Sales Tax Act, 1956 and West Bengal State Tax on Professions, Traders, Callings and Employment Act, 1979, West Bengal Tax on Entry of Goods into Local Areas Act, 2012, and The Bengal Excise Act, 1909 shall be paid by the Tax-payers electronically only through GRIPS Portal w.e.f. 01.10.2014.

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.

Delegation of Power i.c.w. Departmental Approval under RIDF

In all cases the RIDF projects identified for sanction of NABARD are sent to Finance Department for technical examination by its RIDF wing. Considerable time is spent in this process leading to delay in the submission and sanction of projects by NABARD.

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