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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Full Interest Subsidy on Educational Loans

Government of India provides full interest-subsidy on educational loans for students with parental family income less than 4.5 lakh annually for the academic sessions 2009-10 onwards.

Delegation of Power to Grant Subsidy in Transport

Governor has been pleased to empower the Transport Secretary to the Government of West Bengal to grant subsidy for payment of salary, pension and retirement benefits in respect of employees of the Transport Corporations.

Receipt of Revenue in Transport Dte. through GRIPS

Inclusion of Heads of Accounts for e-Receipt of Motor Vehicles Tax, Driving Licence Fee, Motor Vehicle Border Check Post Receipt, Road Toll, Transport Workers’ Welfare Cess, etc. administered by Transport Deptt. through GRIPS Portal.

Issue of Allotment Order through e-Bantan Mandated

Approval to fund flow through e-bantan module of IFMS does not need any separate allotment order other than the system generated one. Any conventional method of preparation of allotment letter and forwarding the same manually may result in duplication and will not be entertained in the Treasury/ PAO.

Delegation of Financial Power to 15 Departments

The Administrative Departments will be required to take a written confirmation direct from the Finance Department, Budget Branch (Group-N) that the Central Share has been credited to the State Exchequer.

Implementation of Suo Motu disclosure under Sec 4 of RTI Act, 2005

No suo motu disclosure under R T I Act is made. Copy of Circulars/ Orders issued from Audit Branch are sent to R.T.I. Cell. However, it will be sent to the concerned Joint Secretary/ Deputy Secretary of Finance Department for uploading in the Departmental Website.

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