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Finance

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

Punctuality in Attendance in Government Office – Tiffin Break

Tiffin break between 1.30 P.M. and 2.00 P.M. is meant only for tiffin purpose and for no other purpose.

GISS, 1987 – Table of Benefits upto July, 2023

State Government Employees Group Insurance Scheme, 1987 – Table of Benefits under Savings Fund for the year of cessation of Membership 2023-2024.

Family Pension cases to be routed/ sent through proper channel

Governor is pleased to inform all Head of Offices to refer the files of family pension cases to the concerned Administrative Department for proper verification & re-examination of the documents as per extant norms, provisions, and format.

Ceiling of Rs. 5 Lakh on Subscription in General Provident Fund

If the total contribution is likely to exceed Rs. 5 Lakh even with minimum monthly subscription of 6% of the emoluments, deduction of GPF subscription may be stopped.

Creation of Centre for Fiscal Policy and Public Finance under WBPFMRP

Government of West Bengal has created a Centre for Fiscal Policy and Public Finance, West Bengal (CFPPF-WB) to train officers of Government of West Bengal and parastatals in various aspects of Public Financial Management (PFM).

Important Dates for Submission of Self Appraisal Report, 2021-2022 onwards

All the concerned officers under his/ her administrative control are made aware of processing the pending SARs within the stipulated date as mentioned in the table above so that none of the ‘Officers Reported Upon’ has to suffer in spite of submitting their SARs in time.

Interest Rate on General Provident Fund (01.04.2023 to 30.06.2023)

Governor is pleased to decide that during the period from 01.04.2023 to 30.06.2023, accumulation at the credit of the subscribers to General Provident Fund and other similar fundsshall carry interest at the rate of 7.1%.

Simple Income Tax Calculator 2023-24

This Utility calculates Income Tax of Salaried Person and pensioner both for old and new Regime. It also prepares Form 16, Salary Statements, HRA Exemption, Taxable Interest on GPF etc.

Transfer of Fund pertaining to Centrally Sponsored Schemes to SNA Account

No further concurrence of Gr T of Finance Department would be required for transferring the same to the earmarked/ designated bank account of the State Nodal Agency (SNA) of that Scheme.

Drawal of Bills in Anticipation of Allotment of Fund for FY 2023-24

Departments should assess the DDO wise and Head of Account wise requirement of fund for 2nd Quarter of the current financial year within 15.06.2023 before sending the proposals for further allotment to Finance Department.

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