Finance

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

Treatment of Absence on 12th February, 2021 for Bandh

In view of a sudden call given by a few political parties for a 12 hours’ strike/bandh on 12th February, 2021, it has been decided that all State Government Offices shall remain open and all the employees shall report for duty on that date.

Modified Single Comprehensive Form for Pension, 2021

Governor has now been pleased to prescribe a modified ‘Single Comprehensive Form’ which is enclosed. This Form will replace the existing Single Comprehensive Form introduced under Finance Department Memo No. 416-F (Pen) dated 09.08.2019.

Basic Retirement Benefits Calculator for West Bengal Govt. Employees

Basic Retirement Benefits Calculator for West Bengal Govt. Employees, is about calculation of retiring pension (including family pension), retiring and death gratuity and leave salary in one single app.

Physical Submission of Bills in Treasuries/ PAOs w.e.f 01.02.2021

Government offices in West Bengal have resumed their normal function, so, physical submission and processing of all bills and advices in Treasuries and Pay and Accounts Offices will be resumed w.e.f 01.02.2021.

Revision in Norms of AAFS in case of RIDF/ WIF Projects

System of sending the proposals sanctioned by NABARD to Finance Department for AAFS and also release of fund is discontinued.

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.

Performance Security/ Security Deposit reduced to 3%

It is decided that the performance security for all existing contracts or the contracts which will be entered into within 31.12.2021 shall be reduced to 3% from the existing 10%.

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.

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