Finance
The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum. The rate will be in force during this financial year for the period from 01.04.2020 to 30.06.2020.
Inadequate project planning may lead to increased project life cycle, cost overrun, sub optimal resource utilisation, Project failure and consequently may adversely affect the fiscal management and achievement of the overall goals of state.
State Government will make a monthly contribution of 14% of the Basic Pay plus DA. However, the employees’ contribution would remain unchanged i.e. 10% of the Basic Pay plus DA.
Applicability of West Bengal Financial Rules for all Procurements and Works in all parastatals incl. procurements and works funded from their own source of fund.
State Government Pensioners/ Family Pensioners shall draw Dearness Relief @85% of Basic Pension/ Basic Family Pension with effect from 1st January, 2017.
e-Procurement – Linking of Bank Account with ICICI Payment Gateway is required for online receipt/ refund/ settlement of and EMD/ Tender Fees for the e-tenders.
Calculation of Interim Relief in respect of employees who were promoted on functional or non-functional basis on any date between 02.01.2016 and 01.07.2016.
In view of call given by different Trade Unions for bandh/strike all over the country on the 2nd September, 2015, it has been decided that all State Government offices would remain open.
To decentralize the power of re-appropriation from the Finance Department to the concerned Administrative Department by introducing On-line Re-appropriation System through e-bantan
Inclusion of Heads of Accounts for e-Receipt of Motor Vehicles Tax, Driving Licence Fee, Motor Vehicle Border Check Post Receipt, Road Toll, Transport Workers’ Welfare Cess, etc. administered by Transport Deptt. through GRIPS Portal.
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