The functions of the Finance Department are performed through 5 (five) branches, namely, Audit, Budget, Revenue, Internal Audit and Institutional Finance.
Dearness Allowance to State Govt Employees, Teachers and Non-Teaching Employees, Employees of Statutory Bodies, Local Bodies etc. (pre-revised scale) w.e.f. 01.01.2018.
The number of court cases filed by the G.P.F account holders against non-settlement of G.P.F. money is increasing day by day as the claim application for final payment of G.P.F. money are not submitted timely.
To ensure regular verification of the balances lying at the credit of the different accounts, serious discrepancies might arise. The possibility of excess drawal also cannot be ruled out.
During the period from 01.04.2019 to 30.06.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 8% per annum.
During the period from 01.10.2019 to 31.12.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9% (seven point nine percent) per annum.
Extension of ‘e-Services for Employees’ (eSE) facility to teaching and nonteaching employees of Universities, Grant-in-Aid Colleges and employees of other Grant-in-Aid Institutions, drawing their Pay Bill through HRMS submodule of WBIFMS, West Bengal.
Departments are also approaching Finance Department for vetting the Scope of work/ Terms of Reference of the engagement of Transaction Advisors (TA) of PPP projects.
General Transaction Advisory Service of any nature in Infrastructure Projects in PPP mode including RFP preparation, Financial Modelling, Bid Management and Project Management.
Grant of Dearness Allowance to the Teachers and Non-Teaching Employees of Non-Government Educational Institutions/ Employees of Statutory Bodies/ Government Undertakings/ Panchayats including Panchayat Karmee and Municipal Corporation/ Municipalities, Local Bodies etc. with effect from January 01, 2015.