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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Grant of Ex-Gratia Payment to State Govt. Pensioners, 2020-2021

Governor has been pleased to decide that all State Government Pensioners whose basic pension plus Dearness Relief on pension as on 31st March 2021 did not exceed Rs. 31,000/- only and are not eligible for ad-hoc bonus shall be paid an ex-gratia grant of Rs. 2,500/- only in lump per head.

Certain Items of Expenditure Exempted from Registration

Procurement of spare parts and other essential service support like Annual Maintenance Contract (AMC)/ Comprehensive Maintenance Contract (CMC), including consumables for closed systems, from Original Equipment Manufacturers (OEMs) or their authorized agents, shall be exempted.

Imposing of Restrictions on Bidders by Ministry of Finance

Government of India has imposed certain restrictions as per which any bidder from a country which shares a land border with India will be eligible to bid in any procurement whether of goods, services or works only if the bidder is registered with the Competent Authority.

Rate of Interest on GPF (01.07.2020 to 30.09.2020)

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 01.07.2020 to 30.09.2020.

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