Finance Rules
West Bengal Financial Rules #WBFR
The cost of AMC / CMC to be executed is within 10% of the cost of procurement of this equipment (including cost of installation).
Financial limit for technical vetting of any scheme for Sub-Assistant Engineers, Assistant Engineers, Executive Engineers and Superintendent Engineers will remain unchanged.
No expenditure shall be drawn or incurred against a sanction unless funds are made available to meet the expenditure by the Controlling Officers or the administrative departments by valid appropriation or re-appropriation.
The President of India makes Government Accounting Rules in 1990 which describes the general principles of Government Accounting for Government departments.
The West Bengal Registration Rules, 1962 published vide notification no. 541-Regn dated 26.04.1963. Maintenance of Register books, papers and documents in registration offices and their custody and also destruction of documents.
Bank account-wise consolidated plus-minus report prepared in the manner prescribed in item 7 of memo. No. 675-F dt. 22.01.2008 should be submitted at the quarterly interval.
Submission of Sales Tax and Income Tax Clearance Certificate is not necessary by the contractors for contract value above Rs. 50,000=00 as per amendment of Rule 47(9)(b) of WBFR.
To discontinue the practice of inviting competitive bids for Term/ Fixed Deposits from the Banks and shall place their deposits with the bank(s) with whom they have a regular course of business, including public sector banks.
Bidders shall submit copy of a) Valid PAN issued by the IT Deptt., Govt. of India b) Valid 15-digit Goods and Services Taxpayer Identification Number (GSTIN).
Restriction on Transfer of fund from Scheme Head to Bank Accounts of the Directorates, Societies, PSUs, Corporations, Statutory Bodies, Samitis, Boards/ Unnayan Parishads, etc. and providing information regarding bank accounts