Finance

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

Bidders undergoing Corporate Debt Restructuring

Financial soundness is judged on the basis of net worth and turnover and hence there is no scope to render a bidder ineligible simply because the bidder failed to earn profit in some years.

Amendment of Rule 177 of WBFR regarding Tenders

Subject to any special rule or order or procedure that may be prescribed by the Government in respect of a particular department, open tender shall invariably be invited for execution of works worth Rs. 1,00,000/- or more.

Public holiday on Poll Days of Parliamentary Election, 2014

In view of the Parliamentary Election-2014 to be held on 17th, 24th, 30th April 2014, 7th & 12th May, 2014 in the different Parliamentary Constituencies and simultaneous Bye-election to 6 (six) Assembly Constituencies in this State, the Government has declared the said days as public holiday under the Negotiable Instruments Act, 1881.

Amendment of Rule 75 of West Bengal Service Rules

Sub-rules (aa) and (aaa) of rule 75 of West Bengal Service Rules Part I (Compulsory Retirement) shall not be admissible to holder of the West Bengal Health Services, the West Bengal Medical Education Services, the West Bengal Public Health-cum-Administrative Services, the West Bengal Dental Services and the West Bengal Dental Education Services.

Grant-in-Aid Salary Bills in COSA Compliant Format

Grant-in-aid salary bills of non-Government aided Secondary Schools/ Madrasahs generated through On-line salary management system (OSMS) of School Education Department of the State Government shall be accepted in the Treasury/ PAO.

Amendment of West Bengal Financial Rules

Rule 47(14) – Subject to provision of these rules and any other special rules, suppliers/ service providers sometimes need to be registered or empanelled by the departments/ procurement entities on the basis of their qualification and competence because of the nature of the materials/ service to be procured.

Allotment of Plan and Non-Plan Fund upto July 2014

Vote-on-Account Budget of the State Government for the first four months of 2014-2015 has been passed by the West Bengal Legislative Assembly. Copies of the West Bengal Appropriation (Vote-on-Account) Act, 2014 have been forwarded to the Administrative Departments.

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.

Implementation of Suo Motu disclosure under Sec 4 of RTI Act, 2005

No suo motu disclosure under R T I Act is made. Copy of Circulars/ Orders issued from Audit Branch are sent to R.T.I. Cell. However, it will be sent to the concerned Joint Secretary/ Deputy Secretary of Finance Department for uploading in the Departmental Website.