Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
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The interest rate of 7.1% (Seven point one percent) will be in force during this financial year for the period from 01.04.2024 to 30.06.2024.
Governor has been pleased to decide that enhancement of rate of Dearness Allowance and Dearness Relief in respect of the employees and Pensioners/ Family Pensioners shall be effective from 01/04/2024 instead of 01/05/2024.
All State Government offices shall be closed at 2.00 PM on the 12th June 2024 (Wednesday) on the occasion of JAMAI SHASTHI.
Revised Scheme for Constitution and Administration of the Consolidated Sinking Fund of Government of West Bengal.
Rate of interest (ROI) on ‘State Compensatory Afforestation Fund (SCAF)’ will be 3.35% per annum for the Financial Year 2023-24.
Governor is pleased to initiate payment process through SBMS of institutional bank accounts maintained in RBL Bank having schematic fund of SDS, Administrative Expenditure, Own Fund and Other Schemes etc, except SNA bank accounts.
State Government Employees Group Insurance Scheme, 1987 – Table of Benefits under Savings Fund for the year of cessation of Membership 2024-2025.
Application for final payment should be submitted in proper form in due time prescribed by the government. (Form 10A where the subscriber is alive and Form 10B in case of death of a subscriber).
Simple GISS Solution, 2024 will calculate the accumulation of savings fund under 1983 Scheme upto 516 months and for 1987 Scheme from November, 1999 to January, 2025.
State Government has decided to allow acceptance of only the following categories of bills by Treasuries/ PAOs in anticipation of allotment of fund for the period from 01.04.2024 to 30.06.2024 in the financial year 2024-25.
In case the employees do not revise their contributions, the respective DDOs must regulate the subscription so that the threshold limit of Rs. 5 Lakh is not exceeded in a financial year.
Governor is has been pleased to decide that all State Government Pensioners whose basic pension plus Dearness Relief on pension as on 31.03.2024 did not exceed Rs. 35,000/- only are not eligible for ad-hoc bonus shall be paid an ex-gratia of Rs. 3,200/- only in lump per head.
An Act to amend the West Bengal Fiscal Responsibility and Budget Management Act, 2010.
An Act to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of West Bengal for the services and purposes of the year ending on the thirty-first day of March, 2025.
An Act to authorise payment and appropriation of certain further sums from and out of the Consolidated Fund of West Bengal for the services and purposes of the year ending on the thirty-first day of March, 2024.