Finance

The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.

Advance Planning for Making Expenditure in Next FY

To ensure timely execution of different works an advance planning by the Departments is essential. The last quarter of a FY can be utilized for preparatory works including floating of tenders so that work orders can be issued in the first week of April of the next FY.

Bonus/ Ex-Gratia to Employees of Public UT, 2018-19

The employees of the Public Undertakings/ Statutory Bodies may be granted an ex-gratia grant of Rs. 4,000/-per head provided their revised emoluments as on 31st March, 2019 exceeded Rs. 10,000/- per month but did not exceed Rs. 30,000/- per month.

Grant of Interest Free Festival Advance, 2015

Whose revised emoluments exceeded Rs. 24,000/- but did not exceed Rs. 35,000/- per month applies for Interest-free festival advance, he may be granted an advance up to a maximum of Rs. 3,500/- only.

West Bengal Fiscal Responsibility and Budget Management Act, 2010

An Act to provide for the responsibility of the State Government to ensure prudence in fiscal management and fiscal stability by progressive elimination of revenue deficit, reduction in fiscal deficit and prudent debt management consistent with fiscal sustainability, greater transparency in fiscal operations of the State Government and conduct offiscalpolicy in a medium-term framework and for matters connected therewith or incidental thereto.