The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Heads of accounts included for different departments in GRIPS Portal for on-line and off-line receipt of the related tax and non-tax revenues through all/ any of the participant bankers.
Finance Department has developed a Web Based Version of “Service Record Monitoring System” for Constituted Cadre officers of West Bengal Audit & Accounts Service (WBA&AS).
Government Departments are required to recover STDS (sales tax deducted at source) and TCS (collection of tax at source) from the bills at the time of making payment to any dealer (contractor or supplier).
During the year 2015-2016, accumulation at the credit of the subscribers to General Provident Fund or similar shall carry interest at the rate of 8.7% per annum w.e.f. 01.04.2015.
Government is pleased to include Syndicate Bank and Andhra Bank in the list of Banks with authority to receive Government Tax and Non Tax Revenue both online and off line through GRIPS portal.
Drawal of tiffin charges/conveyance charges under “13-OE” or “50-other charges”; and, Drawal of claim of travelling allowances initially met out of permanent advance by the DDO.
Guidelines for drawal of wages bills related to work-charged establishment under engineering set-up of various Departments in new system after discontinuance of the LOC system wef 01.04.2015.
Rate of Interest for Other Advances (i.e. advances in connection with marriage, illness, etc. and advances for other purposes) including passage advance is 5.5% per annum.
The rate of interest on loans sanctioned in respect of Externally Aided Project including Back to Back out of the loan assistance from World Bank/A.D.B etc. will be same at which it is received.
Resource division will procure the materials within the delegated power of the Executive Engineer in charge of the Resource Division concerned. Otherwise sanction from the competent authority shall be necessary.