Loans and Advances of State Government for 2023-2024
Loans and Advances of the State Government – Interest rates and other terms and conditions for the Financial Year, 2023-24.
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Loans and Advances of the State Government – Interest rates and other terms and conditions for the Financial Year, 2023-24.
For timely preparation of accurate salary bills and also with a view to building up a comprehensive employees’ database, implementation of COSA is mandated.
Salary in respect of all State Govt. Employees may be paid on 26.09.2014. Wages, Honorarium, Stipend and Remuneration of any kind payable monthly may be paid on 26.09.2014 in Kolkata and districts.
In order to facilitate the task of pay revision in online mode, the Governor is pleased to allow pay fixation of the Officers of the Judicial Service of West Bengal in HRMS module of WBIFMS.
Governor is pleased to decide that the State Government employees whose revised emoluments did not exceed Rs. 37,000/- per month as on 31.03.2022 will be entitled to ad-hoc bonus for the accounting year 2021-2022 at the rate of Rs. 4,800/- per head.
Grant of Dearness Relief @ 173% to State Government Pensioners/ Family Pensioners with effect from 01.01.2017 whose pension/ family pension has not been revised.
Institutional Bank Accounts shall have to be mandatorily registered in SBMS for receiving Schematic Fund in those Bank Accounts and further making all Schematic transactions and operations through them.
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.
Existing DDOs of erstwhile departments shall continue to function as such up to 31.03.2017 with respect to all bills except pay bill for the month of March, 2017.
General Provident Fund and other similar funds 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 01.04.2022 to 30.06.2022.