Rate of Interest on GPF during the year 2015-16
During the year 2015-2016, accumulation at the credit of the subscribers to General Provident Fund or similar shall carry interest at the rate of 8.7% per annum w.e.f. 01.04.2015.
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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Authorised Banks to collect Government Revenue through GRIPS
Government is pleased to include Syndicate Bank and Andhra Bank in the list of Banks with authority to receive Government Tax and Non Tax Revenue both online and off line through GRIPS portal.
Exempted category for Drawal of Bills under e-Pradan module
Drawal of tiffin charges/conveyance charges under 13-OE or 50-other charges; and, Drawal of claim of travelling allowances initially met out of permanent advance by the DDO.
Procedure of Drawal of Wages under Work-Charged Establishment
Guidelines for drawal of wages bills related to work-charged establishment under engineering set-up of various Departments in new system after discontinuance of the LOC system wef 01.04.2015.
Interest Rate on Loans and Advances for 2014-2015
Rate of Interest for Other Advances (i.e. advances in connection with marriage, illness, etc. and advances for other purposes) including passage advance is 5.5% per annum.
Loans and Advances of State Government for 2014-2015
The rate of interest on loans sanctioned in respect of Externally Aided Project including Back to Back out of the loan assistance from World Bank/A.D.B etc. will be same at which it is received.
Discontinuation of LOC System – Procedure for Bulk Purchase
Resource division will procure the materials within the delegated power of the Executive Engineer in charge of the Resource Division concerned. Otherwise sanction from the competent authority shall be necessary.
Discontinuation of LOC System – Further Guidelines
The requisitioning non-works department will provide fund through e-bantan to the authority in the works department, i.e., Chief Engineer, along with administrative approval;
e-Pradan implementation for COSA bills for all DDOs
Upload the COSA salary files (for each bill two files like bill summary file and other is personal detail file) for the month of April, 2015. After uploading successfully a Reference no. will be generated.
Absence on 30.04.2015 will be treated as DIES NON
All State Government offices including those provided with Grants-in-Aid by the State Government would remain open and all the employees should report for duty on 30th April, 2015.