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Expenditure and Advice
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The functions allocated to the Finance Department are as follows:-
| 1. |
Fiscal policy and financial management. |
| 2. |
Preparation of Budget and annual statement of accounts |
| 3. |
Re appropriation of funds |
| 4. |
Appropriation of accounts |
| 5. |
Follow up on the report of Comptroller and Auditor General of India |
| 6. |
Internal Audit of Finance and accounts of govt. departments and funded organizations |
| 7. |
Expenditure Sanctions and review of expenditure |
| 8. |
Allotment of funds for conveyance and HBA |
| 9. |
Public debt management |
| 10. |
Banking and Institutional Finance |
| 11. |
Trade, services and international trade |
| 12. |
Taxation policy |
| 13. |
Taxes on intoxicating liquors, narcotic drugs, opium and dangerous drugs |
| 14. |
Taxes on luxury items, entertainment, amusement, betting and gambling |
| 15. |
Taxes on land other than land revenue |
| 16. |
Taxes on sale and purchase of goods |
| 17. |
Excise duties on alcoholic liquors for human consumption, opium, Indian hemp and other narcotic drugs |
| 18. |
Stamp duty |
| 19. |
Money lending |
| 20. |
National Small Savings |
| 21. |
Presiduary work of lotteries and compulsory deposit schemes |
| 22. |
Public Accounts Committee and other committees of the legislatures |
| 23. |
Foreign exchange |
| 24. |
Chit funds and non banking financial companies |
| 25. |
Central Finance Commission |
| 26. |
Central Pay Commission | |
Local Services 
