Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Head of Offices/ DDOs are informed that the generation of salary bills through COSA is now mandatory. Henceforth salary bills from July 2012 and onwards should be submitted to the Treasuries/ Pay & Accounts Offices only in COSA generated printed bills.
Workflow based online File Tracking System (WFTS) is going to be implemented within the government departments to track online movement of files for speedy decision making at all levels.
A new table of benefits showing accumulations in the savings fund under the GI 1987 corresponding to a unit subscription of Rs. 10/- only per month has been drawn up for the period from 01.11.2012 to 31.10.2013.
Remaining 50% of the third instalment of arrear already calculated as per item no. 6 of Memo No. 2728-F, dated 07.04.2009 will be paid to the State Govt employees in September, 2012.
GIS-subscriptions of the State Govt Employees are properly recorded in their Service Books and these records are verified positively by the respective Accounts Officers/Drawing & Disbursing Officers from time to time.
Assistant Engineers have the Tender Acceptance Power of Rs. 3 lakhs + 5% excess of Tender value as per the new delegation of financial power rule.
As the rate of interest is not uniform throughout the financial year, a new P.F. Account calculator has been created which will perfectly calculate the interest and generate the Account slip.
For timely preparation of accurate salary bills and also with a view to building up a comprehensive employees’ database, implementation of COSA is mandated.
Now, the cost of medical treatment in non-empanelled private Health Care Organisation is also reimbursable under certain conditions. Request for clarifications of some points laid down in the said Scheme after its amendments are being received by this department from various corners.
The expenditure incurred by, and to be reimbursed to on account of medical attendance and treatment under the WBHS, 2008 may be drawn in T.R. Form. 68 and 68A.
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