Finance

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

Rate of Interest on GPF (01.01.2021 to 31.03.2021)

Accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum. The rate will be in force during this financial year for the period from 01.01.2021 to 31.03.2021.

Extension of Last Date for Submission of Life Certificate

In view of the ongoing COVID – 19 pandemic and the vulnerability of the elderly persons to Corona virus, the Governor has now been pleased to order that in the current year all the Pensioners/ Family Pensioners may submit Life Certificate to the Treasuries/ Pension Disbursing Banks, as the case may be, till 28.02.2021.

Procedure for Execution of “Paray Samadhan Program”

Necessary permission is given to accord Administrative Approval and Financial Sanction, float tender and start execution process for sub-projects upto Rs. 5 lakh within the project of Paray Samadhan Program created by PSPM Department.

Rate of Dearness Allowances/ Relief from January, 2021

State Government Employees drawing pay more than Rs. 2,01,000/- only will also get Dearness Allowance @ 3% of revised basic pay and the pensioners still drawing pre-revised pension will get Dearness Relief @ 133% with effect from 01.01.2021.

Simple Income Tax Calculator 2020-21 – Lite Version

Single sheet data input. Enter Salary for the Month of March, 2020 to February, 2021. Single sheet Computation Form. Print Computation Form in a single A4 size paper and the salary sheet on the reverse side conveniently.

Dearness Allowance @ 3% of Basic Pay w.e.f. January, 2021

The whole time State Government employees drawing basic pay upto Rs. 2,01,000/-shall draw Dearness Allowance @ 3% of basic pay w.e.f. 01.01.2021. The calculation of Dearness Allowances shall be made taking into account the revised basic pay and NPA.

Construction of Flats/ Houses by Co-Operative Housing Society

For the flats/ houses which are constructed or to be constructed on a subsequent date i.e. after 31.03.2013 through a Co-operative Housing Society, the benefit under this order may be available, if the registration is done within 24 months from the date of completion of the construction work.