The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
West Bengal Financial Rules provided for preferential treatment by way of 10% price preference to the State Government organizations vide Note-1 below sub-rule (3) of rule 47A of WBFR.
The Paray Samadhan campaign/ programme has recently been introduced by West Bengal Government to provide early resolution to public demands and grievances.
GPF interest at the rate of 8.8% (eight point eight per cent) per annum. This rate will be in force during the financial year beginning on 1st April, 2012.
Governor has been pleased to accord sanction of Interest-free festival advance upto a maximum of Rs. 16,000/- only to State Government employees whose revised emoluments on 31.03.2023 exceeded Rs. 39,000/- p.m. but did not exceed Rs. 49,000/- p.m.
Valuation Agencies for conduct of valuation of properties, assets, enterprises, etc. for activities like restructuring of the State PSUs/ JVs, monetization of land and other assets, etc.
1) Generation of Sanction Order and Bill in respect of All India Services Group Insurance Scheme (AISGIS) 2) Comparative Statement of Pay Bills 3) Transfer Order Information Modification 4) Out of Account Deduction entry facility in bulk 5) Modification of Approved Statement for Arrear/ Supplementary Bill 6) Facility for viewing HRA drawn by spouse 7) Facility for Termination Order generation
Finance Department has decided to further extend the ambit of SBMS and include all the Bank Accounts (including those containing their own fund) of all the Parasatal bodies as stated above under the administrative control of the Government of West Bengal.
Modalities of receipt of funds into deposit accounts maintained at various treasuries/ PAO’s through GRIPS using inter-treasury transfer of fund mechanism