Finance

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

Delegation of Financial Power to 15 Departments

The Administrative Departments will be required to take a written confirmation direct from the Finance Department, Budget Branch (Group-N) that the Central Share has been credited to the State Exchequer.

Introduction of New TR Form No. 51

Governor is pleased to replace the existing TR Form No. 51 with the new TR Form No. 51. Necessary amendment in West Bengal Treasury Rules will be made in due course of time.

Amendment of Rule 47 of WBFR regarding Office Vehicle

Procurement of rental services for office vehicles can be made from an unregistered service provider on production of a self-declaration to the effect that the aggregate turnover of the supplier does not exceed twenty lakh rupees.

Rate of Interest on GPF (01.01.2020 to 31.03.2020)

During the period from 01.01.2020 to 31.03.2020, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9%.