Finance

Engagement of Organisations for Preparing DPR

Engagement of State and Central PSU’s/ Organisations for detailed technical survey as well as preparation of Detailed Project Reports including design, plan and detailed cost estimates, etc., for, inter alia, RIDF projects.

Mutation Fee, Transfer Fee of Plots through GRIPS

Inclusion of new head of account for e-receipt of processing fee, mutation fee, transfer fee, related to residential and non-residential plots of Salt Lake through GRIPS Portal.

Time Schedule for TA and PPP Project Execution

Total period of TA’s service should normally not exceed 4 months and PPP project execution should commence within 4 months from the date of engagement of TA.

Interest Rate on Loans and Advances for 2013-2014

Governor has been pleased to fix the following rates of interest on loans and advances taken by Government Servants during the year 2013-2014 as follows:

Rates of Tax on Professions, Trades, Callings and Employments

West Bengal Finance Act, 2014 is An Act to amend the Indian Stamp Act, 1899, in its application to West Bengal, the West Bengal State Tax on Professions, Trades, Callings and Employments Act, 1979, and the West Bengal Value Added Tax Act, 2003.

Internet Connectivity upto DDO Level for e-Bantan Module

e-Bantan module will cover the entire processes of digitized fund flow ending up at the Drawing and Disbursing Officer’s level. For the purpose, it requires provisioning of Internet Connectivity up to the DDO level.

Rate of Interest on GPF during the year 2014-15

General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 8.7% per annum w.e.f. 01.04.2014.

Bidders undergoing Corporate Debt Restructuring

Financial soundness is judged on the basis of net worth and turnover and hence there is no scope to render a bidder ineligible simply because the bidder failed to earn profit in some years.

Guidelines for Drawal of Bills for the Financial Year 2014-15

State Government has decided to allow drawal of fund from the treasuries/ Pay and Accounts offices of the State Government in anticipation of allotment of fund for the following items of expenditure for the period upto 31st July, 2014.

Amendment of Rule 177 of WBFR regarding Tenders

Subject to any special rule or order or procedure that may be prescribed by the Government in respect of a particular department, open tender shall invariably be invited for execution of works worth Rs. 1,00,000/- or more.