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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Inclusion of Banks to Handle Govt Transaction

RBI has authorised additional Banks to handle Govt transactions. The State Government Offices and the Autonomous Bodies/ Statutory Corporations may maintain bank account with it.

Common Problems implementing COSA

Necessary instructions may kindly be given to all DDOs to complete the preparatory work of COSA within stipulated time and COSA is implemented from 01.07.2012.

New Grant in Aid Sanction Order, 2012-13

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.

Further Steps to Streamline the GPF Works

Sanctioning Authority will sent the attested amount mentioning subscriptions, recoveries and withdrawals during the period uncovered in the A.G’s statement along with the sanctioning order to the Drawing and Disbursing Officer.

Steps to streamline the GPF Works

All the Heads of Offices will have to send a list of subscribers who are going to retire in the next twelve months to the Office of the Accountant General (A&E), West Bengal.

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