WBXPress

Finance Rules

West Bengal Financial Rules #WBFR


Delegation of Financial Power to Release States Matching Share

Finance

The Administrative Departments may ensure before releasing any fund on these accounts that the previous released amounts have been substantially utilized, so that the moneys do not remain idle in the bank accounts.

Delegation of Financial Power to 14 Departments

Finance

Governor has been pleased to empower the Additional Chief Secretary/ Principal Secretary/ Secretary to release States matching share as well as Central Share up to the Vote on Account provision.

Investment in Term Deposit by State Government Institution

Finance

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.

Delegation of Financial Power for Office Rent

Finance

Financial power of District Magistrate and Head of the Department (other than Commissioner/ Secretary) to sanction Office Rent as Rs. 8,000/- and Rs. 10,000/- for each house per month respectively.

Delegation of Financial Powers Rules, 1977

Finance

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.

Operation and Maintenance of Bank Accounts with Govt. Fund

Finance

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.

Delegation of Financial Power of Engineering Wings

Finance

Maximum 5% excess of “Tender Value” may be accepted by the ‘Tender Inviting Authority’ subject to the overall power of tender acceptance delegated to each level of engineer officers.
Next Page »« Previous Page