The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
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.
CSMS is a complete solution for preparing Salary Bill accurately with less effort and time. Related schedules and other reports will also be generated automatically.
All Departments should immediately issue orders of allotment to their subordinate offices. It may be noted that no bill will be passed by the Treasury without an allotment order.
From the Financial Year 2012-13, the Grant-in-Aid Bill shall not be passed by the Treasuries/ PAOs if the ‘Sanction Order’ of the same is not in the revised format.
Consolidated instructions regarding release of fund from Kolkata Pay & Accounts Offices and Treasuries in the financial year 2012-13.
For drawing charges on account of payment/ repayment of loans, advances, subsidies, investments, interest on loan, withdrawal from Contingency Fund by the Government.
The charge will be debitable to the detailed head 02-Wages, whereas for payment towards professional and Special Services, the charge will be debited under ’28-Payment of Professional and Special Services-02-Other Charges’.
Articles costing less than two months Basic Pay (Band Pay + Grade Pay) as on 1st January of the concerned year for each item, need not to be mentioned in Assets Statement Report.