Income Tax Treatment on Interest on House Building Advance
Interest on borrowed capital for House Building Advance would be on the basis of accrual of interest which would start running from the date of drawal of the advance.
Interest on borrowed capital for House Building Advance would be on the basis of accrual of interest which would start running from the date of drawal of the advance.
Reorganization of different Circles under PW Dte., PW (R) Dte. and PW (CB) Dte. specially with the object to implement the concept of three zones namely North Zone, West Zone and South Zone for better supervision and monitoring of the projects.
In view of introduction of Integrated Finance Branch in Public Works Department a need was felt to reconstitute the existing Tender Committee for different wings of this department.
Governor has already been pleased to create 21 numbers additional posts of Senior Superintending Engineers and also to convert existing 41numbers of non-functional berth of Superintending Engineer [Selection Grade] into the post of Senior Superintending Engineers.
There will be five zones namely North Zone, Central Zone, West Zone, South West Zone and South Zone each headed by Chief Engineers of the two directorates i.e. Public Works and Public Works (Roads) separately.
A security deposit of 12.5 lakhs was necessary for exemption of earnest money deposit while participating in tender. Such provision from Public Works Code is deleted.
A number of proposals for awarding different service benefits to the employees of the Government of West Bengal and reorganizing the cadre of different Services of Government of West Bengal through creation of some posts were under consideration of the Government for sometime past.
To improve the functional efficiency, total working jurisdiction of Public Works Department over the state will be split in three zones namely North Zone, West Zone and South Zone headed by Chief Engineers.
Governor is pleased to raise/ enhance the ceiling of monthly expenditure for the inspection vehicles used only by the officers of this department as mentioned below.
For streamlining the process, it has been decided to introduce single window entry of all projects having multi-discipline [Architecture, Civil, Electrical/ IT (Electrical), Mechanical] vetting works through the Chief-Engineer, Planning (South Zone), PWD.