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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.

Finance


‘Prakash Purab’ of Guru Gobind Singh Ji – Sectional Holiday

Finance,

Governor is pleased to declare that ‘Prakash Purab’ of Guru Gobind Singh Ji will be observed as Sectional Holiday for the employees belonging to Sikh community.

GISS, 1987 – Table of Benefits upto January, 2024

Finance,

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

Interest Rate on General Provident Fund (01.01.2024 to 31.03.2024)

Finance,

Governor is pleased to decide that during the period from 01.01.2024 to 31.03.2024, accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1% per annum.

Dearness Allowance/ Relief @ 4% of Basic Pay w.e.f. January, 2024

Finance, , ,

Grant of Dearness Allowance to State Government Employees and the employees of Government aided Educational Institutions, employees of Statutory Bodies, Government Undertakings, Panchayats including Panchayat Karmee, Municipal Corporations/ Municipalities, Local Bodies etc. and also Dearness Relief to the Pensioners/ Family Pensioners.

Loans and Advances of State Government for 2023-2024

Finance,

Loans and Advances of the State Government – Interest rates and other terms and conditions for the Financial Year, 2023-24.

Declaration of Public Holidays in 2024 under N.I. Act, 1881

Finance,

Governor is pleased to declare the following days as Public Holidays under Section 25 of the Negotiable Instrument Act, 1881.

Issuance of Uniform Format of Certification in favour of Pensioners

Finance, ,

Governor is pleased to accord the issuance of the Uniform Format of Certification to the pensioners/ family pensioners by the Head of Office/ Drawing and Disbursing Authority at the time of superannuation/ death in harness.

Extension of Panel of Valuation Agencies

Finance,

Governor is pleased to extend the validity of the same panel of Valuation Agencies for a period of 6 (six) months w.e.f. 17.12.2023.

Revision of Pension/ Family Pension of (Pre-01.01.2016) Pensioners

Finance, , ,

Clarification in respect of cases of Revision of Pension/ Family Pension of Pre-01.01.2016 Pensioners/ Family Pensioner, where pay structure has been upgraded subsequent to retirement/ death of Ex-Govt. Employee.

Incorporation of Deduct Recoveries Heads of Account in GRIPS

Finance,

Governor is pleased to include the facility for receipts under deduct recovery heads for recovery of overpayments pertaining to all departments under a new service “Recovery of overpayment” in GRIPS.
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