Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Governor has been pleased to decide that the rate of interest on ‘State Compensatory Afforestation Fund [SCAF]’ will be 5.5% per annum and 3.5% per annum for the financial year 2019-20 and 2020-21 respectively.
Governor has been pleased to accord sanction of Interest-free festival advance upto a maximum of Rs. 14,000/- only to State Government employees whose revised emoluments on 31.03.2022 exceeded Rs. 37,000/- p.m. but did not exceed Rs. 47,000/- p.m.
All offices under the Government of West Bengal will be closed at 2 p.m. on Tuesday, the 1st day of July, 2014 on account of the Birth Day of Late Dr. Bidhan Chandra Roy, Ex-Chief Minister of West Bengal.
In order to monitor and supervise the processes towards implementation of IFMS Project in the districts, it has been decided to form a District Level Committee with the following officials of Govt. of West Bengal.
Recovery to be made from the wage bills of work-charged establishment by deduction shall be transfer-credited to the revenue receipt heads/ Public Account receipt heads, depending upon the purpose of deduction.
In order to combat the second wave of the pandemic COVID19, some additional austerity measures were imposed in terms of FD Memo No. 1971-F(Y) dated 30.06.2021 on certain types of procurement including procurement of computer and IT related accessories.
The Revised TR form 70C is given in the Annexure. However, the revised TR 70C shall also be used for drawal of security deposit from Security Deposit Accounts as usual.
Governor is pleased to decide that during the period from 01.10.2023 to 31.12.2023, accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1%
Considering the fact 27.03.2025 is a holiday, it has been decided to keep all the Treasuries/ Pay & Account Offices open on 29.03.2025.
Government of West Bengal shall carry interest at the rate of 7.1% (seven point one percent) per annum. The rate will be in force during this financial year for the period from 01.01.2022 to 31.03.2022.