Section 43 in Rabindranath Tagore University Act, 2017
43. Powers of Finance Committee.
- The powers of the Finance Committee shall be as follows :(a)to examine the annual budget estimates and to give advice and suggestion to the Executive Council thereon;(b)to make recommendations to the Executive Council relating to the Finance of the University;(c)to examine every proposal for new expenditures involving sum of money exceeding rupees five lakh and to advice the Executive Council thereon;(d)to review the financial position of the University periodically;(e)to suggest in general the means for the improvement of the financial position of the University;(f)to consider and recommend revision of grades of pay and grades of pay of new posts to the Executive Council;(g)to deal with such other matters relating to the financial matters of the University as may be prescribed by the statutes and Ordinances.
