Finance

One Time Password (OTP) for Non-DSC Holder DDO in e-Pradan

DDO will receive an OTP on his/ her registered mobile number each and every time he logs in to the system with his login ID and password to submit Bills to the Treasury/PAO.

Head of Accounts included in GRIPS of various Departments

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.

Service Record Monitoring System for Constituted Cadre (WBAAS)

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).

Deduction of STDS and TCS during Payment to Contractor

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).

Rate of Interest on GPF during the year 2015-16

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.

Authorised Banks to collect Government Revenue through GRIPS

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.

Exempted category for Drawal of Bills under e-Pradan module

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.

Procedure of Drawal of Wages under Work-Charged Establishment

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.

Interest Rate on Loans and Advances for 2014-2015

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.

Loans and Advances of State Government for 2014-2015

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.