The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Officers of West Bengal Audit Accounts Service belonging to batch – 2004, who are now posted as Treasury Officers-in-Charge in different Treasuries of the State are hereby designated as Treasury Officers of the respective Treasuries.
Offices under the Government of West Bengal will be closed at 2 P.M. on Monday, the 1st day of July, 2019 on account of the Birth Day of Late Dr. Bidhan Chandra Roy, Ex-Chief Minister of West Bengal.
Through this new functionality as soon as any transaction fails, it would get cancelled in IFMS automatically and the cancelled payment files would be returned to the concerned Kanyashree/ Rupashree portals without any intervention in IFMS.
Governor is pleased to decide that the rate of Interest on State Disaster Response Fund (SDRF) and State Disaster Mitigation Fund (SDMF) will be 7.53% per annum for the financial year 2022-2023.
Balance in the Local Fund (LF) and Provident Fund Deposit (PFD) accounts is to be transferred to the merged municipalities viz. Bidhannagar Municipal Corporation, Howrah Municipal Corporation and Asansol Municipal Corporation.
General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 8% (eight percent) per annum w.e.f. 01.01.2019 to 31.03.2019.
Additional Chief Secretary/ Principal Secretary/ Secretary will continue to enjoy the financial power for according administrative approval upto Rs. 10 lakhs.
To discontinue the practice of inviting competitive bids for Term/ Fixed Deposits from the Banks and shall place their deposits with the bank(s) with whom they have a regular course of business, including public sector banks.