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Finance

The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.

Release of Fund if e-Tender Norms followed w.e.f. Sept, 2014

Departmental Financial Advisors will release fund to the Companies, Corporations, Local Bodies and parastatals with effect from 1st September, 2014 only if e-tender norms are properly followed.

Scheme for Utilization of Persons Employed under Local Fund

The Scheme for Utilization of Persons Employed under Local Fund administered or not administered by Government of West Bengal or in any Company, Corporation, Undertaking, Statutory Body, Board etc. for deployment or detailment in any Government Offices or in any Other Local Fund Authority or any such entity.

Financial Power for Sanctioning Cost of Medical Treatment

Financial Power of various designated Officers for sanctioning cost of medical attendance and treatment is increased making amendment to the clause 13 (3) of the West Bengal Health Scheme, 2008.

Amendment of Form 10A & 10B for Final Payment of GPF Balance

The prescribed Application Forms (10A & 10B) for final payment of GPF balance in respect of Group-A, B & C Officers of the State Government is amended for quick disposal of final payment.

Housing Loan Scheme at United Bank of India – Interest Rate

Housing Loan Scheme for the employees of Government of West Bengal in association with United Bank of India (UBI) under tie-up arrangement – Rate of interest with immediate effect.

Approval of State Planning Board – Ceiling of Project Cost

Plan projects/ schemes having estimated cost of more than Rs. 50 crore shall now have to be referred by the Administrative Departments to the State Planning Board for clearance.

Passing of Bills in Anticipation of Allotment upto Dec, 2014

State Government has decided to allow drawal of fund from the Treasuries/ Pay & Accounts Offices in anticipation of allotment of fund for the following items of expenditure for the period upto 31st December, 2014

Provision of Minimum Period of Time for Submission of Tender

Minimum period of time to be given to the bidders for submission of tenders should be counted from the date on which the notice inviting tender including e-tender is actually published in the newspaper(s).

Engagement of Contractual/ Casual/ Daily-rated Workers

Contractual/ Casual/ Piece-rated/ Daily-rated Workers may be engaged in any other entity, local fund or in any project, scheme or office under the Govt. on the same rate of remuneration. Such engagement will not be regularized in future.

Delegation of Power for Retention of Vehicle for Office Use

Divisional Commissioners are authorised to retain the vehicles hired for their establishments for a period not extending one year at a time provided the vehicles in question were initially hired with approval of the Finance Department.

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