Finance

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

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Additional Austerity Measures for Combating COVID-19

State Government is currently required to incur heavy unforeseen expenditure to combat the situation arisen due to such pandemic outbreak. The 21 days lockdown which is currently in force throughout India, has severely affected the economy of the Country and the State.

Splitting of Works/ Projects/ Schemes to Avoid e-Tender

Works/ Schemes/ Projects/ Procurements, which have been split to avoid the approval of the appropriate authorities and/or laid down tender norms, no payment should be released before the examination of the same by the Finance Department.

Issuance of Brief Referral Advertisements for e-Tender

To ensure better compliance of the guidelines, publication of brief referral advertisements in respect of all e-tenders to be floated by the State Government offices shall be done centrally by the concerned Administrative Departments.

Rate of Interest on GPF (01.10.2019 to 31.12.2019)

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.

Online Submission of Option Form due to ROPA, 2019

Governor is pleased to allow pay fixation of State Government employees due to ROPA, 2019 through HRMS module of iFMS for those employees having a valid HRMS ID and who will be in service as on 01.01.2020.

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