Finance Department, Bihar Government

Functions of Finance Department, Bihar Government

Functions of Finance Department, Bihar Government

 

Among the various functions of Finance Department, some of the important ones are as summarised below:

1. Public Debt of the State.
2. State Government Press.
3. Stationery and Forms.
4. Audit including audit by Government agency of income and expenditure of local bodies.
5. Accounts Training.
6. Preparation and interpretation of financial and account rules and codes, interpretation or other questions of financial nature.
7. Conditions of Service, Pay, Allowances, Pay Revisions, Pay Fixation and Pension of Government servants.
8. Dearness Allowance.
9. Commutation of pensions and compassionate gratuities.
10. The General Provident Fund and the Contributory Provident Fund.
11. Advance for the purchase of conveyances, house building, travelling, marriage festival and other advances.
12. Appropriation Accounts and Audit Report.
13. Management of the Calamity Relief Fund.
14. Contract and Non-Contract Grants.
15. State Contingency Fund.
16. Treasuries and Accounts Administration.
17. General delegations by the Finance Department under Rules of Executive Business.
18. Preparation of performance budget on the basis of the materials supplied by the departments.
19. General revisions of clerical and menial establishments originating in cases which affect all departments alike.
20. Bureau of Public Enterprises.
21. Preparation of the annual financial statement including supplementary statement of the expenditure on the basis of material supplied by the departments, re-appropriation and surrender of savings.
22. Incorporation, regulation and wanting up of trading Corporations, including Banking, Insurance and Financial Corporation but not including Co-operative Societies.