Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
The economy instructions already in force should be kept in view while framing the budget proposals for Revised Estimates, 2022-23 and Budget Estimates, 2023-24.
The Administrative Departments/ Controlling Authorities may now make allotment of fund relating to Non-Plan expenditure for Salary Items upto 33% and Non-Salary Items upto 25% of the whole year’s budget provision.
Pay Bills of all Government employees for the month of February, 2016 onwards shall be submitted by the DDOs to PAO/ Treasury through Pay Roll Processing Sub-module of HRMS-IFMS.
Clarifications regarding surrender of unutilised funds lying in PL/Deposit/Bank Accounts circulated vide F.D. Memo No. 5536-F dated 04.09.2017.
Head of Offices/ DDOs who have already implemented the COSA package are not paying the bills of WEBEL for supply of computers and the bills of Vendors selected by this Department for installation of COSA software.
Valuation Agencies for conduct of valuation of properties, assets, enterprises, etc. for activities like restructuring of the State PSUs/ JVs, monetization of land and other assets, etc.
Render advice on all financial matters including procurement proposals which would otherwise have required concurrence of the Finance Department.
Departments are also approaching Finance Department for vetting the Scope of work/ Terms of Reference of the engagement of Transaction Advisors (TA) of PPP projects.
Plan projects/ schemes having estimated cost of more than Rs. 50 crore shall now have to be referred by the Administrative Departments to the State Planning Board for clearance.
DDOs using DSC can prepare the bills by just filling up the relevant fields in the TR bill forms and submit them electronically to Pay & Accounts Office/ Treasury through e-Billing module.