GRIPS
Finance Department, Government of West Bengal introduced on-line receipt of Tax and Non-Tax revenue through Government Receipt Portal System or GRIPS Portal.
In the first phase, e-Bantan will be implemented, tentatively from 1st April 2014. Allotment /release of fund including Budgetary allocation to the Administrative Departments shall be uploaded from time to time by the Finance Department in e-Bantan.
It will be mandatory for all the departments of the State Government to collect their tax & non-tax revenue only through GRIPS with effect from 01.07.2015.
List of Participating Banks to accept payments of Government Revenues and Deposits – both online and off-line (Over the Counter) through GRIPS.
Modalities of receipt of funds into deposit accounts maintained at various treasuries/ PAO’s through GRIPS using inter-treasury transfer of fund mechanism
Withdrawal Procedure of the fund from head (8443-00-116-002-07) for payment to the Labour Department/ Transport Workers’ Welfare Board of the State Government.
Yes Bank and ICICI Bank are found eligible to be empaneled to act as additional payment bank aggregators in GRIPS 3.0.
RBI has authorised additional Banks to handle Govt transactions. The State Government Offices and the Autonomous Bodies/ Statutory Corporations may maintain bank account with it.
Regarding online and off-line receipts of Tax and Non-tax Revenue through GRIPS, the Governor is pleased to allow 3 (three) more banks to act as the Participant Bankers.
Guidelines on calculation of penal interest chargeable on Agency Banks for delayed remittances of Government Receipts into Government Account.
Federal Bank is hereby empanelled as an additional Payment Bank Aggregator in GRIPS, subject to adherence to the terms and conditions specified in the RFP.