Tuesday, March 28, 2017

Probation and/or confirmation of Direct Recruit Postal Assistant/Sorting Assistant in Department of Posts-Qualifying test.

Probation and/or confirmation of Direct Recruit Postal Assistant/Sorting Assistant in Department of Posts-Qualifying test.


More than 2 dozen companies want collaboration with India Post Payments Bank


Press Information Bureau 
Government of India
Ministry of Communications & Information Technology
27-March-2017 12:45 IST

More than 2 dozen companies want collaboration with India Post Payments Bank-Manoj Sinha 


Government has said that there are many companies who have approached the Department of Posts for collaboration with India Post Payments Bank. Replying to a question in the Rajya Sabha, the Minister of Communications Shri Manoj Sinha said that while the Department is in various stages of discussions with them, decision on formal partnerships will be taken after carefully evaluating the entire value proposition that they propose for the common man. The India Post Payments Bank had launched its two branches in Raipur (Chhattisgarh) and Ranchi (Jharkhand) on 30/01/2017 with basic products and banking services in partnership with Punjab National Bank.

Shri Sinha also said that the Payments Banks are different from regular Banks in the following fundamental ways as per RBI guidelines for Licensing of Payments Banks:

(i) Payment Banks are not allowed to undertake lending activities directly. It can accept demand deposits only that is savings and current accounts and will initially be restricted to holding a maximum balance of Rs. 100,000(Rupees one lakh only) per individual customer.

(ii) Payment Banks cannot accept Non Resident Indian (NRI) deposits.

(iii) The Payment Banks cannot set up subsidiaries to undertake non banking financial services activities.

A list of companies interested in partnering with India Post Payments Bank is attached at Annexure

 
Annexure A
List companies keen to partner with India Post Payments Bank.
1
YES Bank
2
Union Bank
3
Punjab National Bank
4
IDBI Bank (Industrial Development Bank of India)
5
SBI (State Bank of India)
6
Axis
7
Bank of Baroda
8
IDFC Bank (Industrial development finance company)
9
Deutshe Bank
10
Barclays Bank
11
Citibank
12
NABARD (National Bank For Agriculture & Rural Development)
13
HSBC (Hongkong and Shanghai Banking Corporation)
14
MICRO SAVE
15
Allahabad Bank
16
Indian Overseas Bank
17
Dena Bank
18
FIA (Financial Inclusion)
19
Kotak Mahindra Bank
20
United Bank of India
21
HDFC Life (Housing Development Finance Corporation)
22
Royal Sundaram
23
PNB Metlife (Punjab National Bank)
24
ICICI Lombard ( Industrial Credit and Investment Corporation of India Bank)
25
ICICI Prudential ( Industrial Credit and Investment Corporation of India Bank)
26
Bajaj Allianz Life

Monday, March 27, 2017

S B C O ALL INDIA CONFERENCE AT KOLKATA ...

Aadhaar Card Can't Be Mandatory For Government's Welfare Schemes: Supreme Court

NEW DELHI: Aadhaar cannot be mandatory for central welfare schemes, the Supreme Court said today, but added that it cannot stop the government from linking the 12-digit identification number to the opening of bank accounts or filing of tax returns.

The government recently made it mandatory for citizens to produce the 12-digit Aadhaar number for benefits under nearly three dozen central schemes including free mid-day meals for schoolchildren. Aadhaar was also made compulsory for scholarships and other schemes for backward castes and the disabled. Aadhaar cards are mandatory for subsidized cooking gas and foodgrains.

The government has said it will enable people to get their biometric identity documents by June 30.

Aadhaar cards will also be needed for filing tax returns - a move that Finance Minister Arun Jaitley says will check tax evasion.

The Supreme Court today said it cannot stop the government from doing so but reiterated its earlier order that Aadhaar cannot be mandatory for people to benefits under official welfare schemes.

Last week, responding to opposition criticism in parliament, Finance Minister Arun Jaitley had said that Aadhaar may soon become the only card required to identify a person, replacing Voter IDs and PAN or Permanent Account Number. He said as many as 98 per cent or 108 crore people have Aadhaar numbers.

The government has said that until all beneficiaries are assigned Aadhaar cards, subsidized foodgrain will be provided on ration cards and Aadhaar enrolment slips or a copy of an applicant's request for Aadhaar enrolment.

The centre has asked states to link Aadhaar numbers with the ration card or with bank accounts for cash transfer of food subsidy.

The use of Aadhaar as the identity document for benefits or subsidies simplifies delivery and helps make the system more transparent and efficient, the government says.

APPLICATION FOR REIMBURSEMENT OF CHILDREN EDUCATION ALLOWANCE


 

First Cashless Transaction at Madurai HPO


First Cashless Transaction at Madurai HPO

  using SBI DEBIT CARD    ☺☺


Saturday, March 25, 2017

10 most important income-tax changes which will apply from April 1

With the passage of the Finance Bill on Wednesday, the Lok Sabha has completed the budgetary exercise for 2017-18. The tax proposals in the Budget 2017 have now become law. Below are 10 most important income-tax changes that will affect you next month: 



1. With a decrease in tax rate from 10 per cent to 5 per cent for total income between Rs 2.5 lakh and Rs 5 lakh, there is tax saving of up to Rs 12,500 per year and Rs 14,806 (including surcharge and cess) for those with income above Rs 1 crore. 

2. Tax rebate is reduced to Rs 2,500 from Rs 5,000 per year for taxpayers with income up to Rs 3.5 lakh (earlier Rs 5 lakh). Due to the combined effect of change in tax rate and rebate, an individual with taxable income of Rs 3.5 lakh will now pay tax of 2,575 instead of 5,150 earlier. 

3. Surcharge at 10 per cent of tax levied on rich taxpayers, with income between Rs 50 lakh and Rs 1 crore. The rate of surcharge for the super rich, with income above Rs 1 crore, will remain 15 per cent. 

4. Holding period for immovable property to be considered "long term" reduced to 2 years from 3. This will ensure immovable property held beyond 2 years is taxed at reduced rate of 20 per cent and eligible for various exemptions on reinvestment. 

5. Long term capital gains tax will result in a lower payout owing to beneficial amendments. The base year for indexation of cost (adjustment of inflation) has been shifted to April 1, 2001 from April 1, 1981. This means lower profits on sale. 

6. Further, tax exemption will be available on reinvestment of capital gains in notified redeemable bonds (in addition to investment in NHAI and REC bonds). 

7. A simple one-page tax return form is to be introduced for individuals with taxable income up to Rs 5 lakh (excluding business income). Those filing returns for the first time in this category will generally not be subject to scrutiny. 

8. Delay in filing tax return for 2017-18 will attract penalty of Rs 5,000 if filed by Dec 31, 2018 and Rs 10,000 if filed later. Such fee will be restricted to Rs 1,000 for small taxpayers with income up to Rs 5 lakh. 

9. Deduction for first-time investors in listed equity shares or listed units of equity oriented fund under the Rajiv Gandhi Equity Savings Scheme is withdrawn from 2017-18. If an individual has already claimed deduction under this scheme before April 1, 2017, he/she shall be allowed to avail a deduction for the next two years. 

10. Time period for revision of tax return cut to one year (from 2 years) from the end of the relevant FY or before completion of assessment, whichever is earlier.

Friday, March 24, 2017

Implementation of creamy layer criteria

Press Information Bureau
Government of India
Ministry of Personnel, Public Grievances & Pensions
23-March-2017 16:20 IST
Implementation of creamy layer criteria 

In case of recommendation of name of a candidate by Union Public Service Commission (UPSC) for service allocation, the candidate is considered for allocation to one of those services by the Government for which he has indicated his preference subject to fulfilment of other conditions like Medical fitness, eligibility for availing reservation as per Civil Services Examination Rules and extant instructions on the subject. Further, vacancies reserved for Other Backward Classes (OBC) candidates are filled by the candidates eligible for availing OBC (Non Creamy Layer) reservation.

The Supreme Court of India in the Indra Sawhney judgement referred to ‘creamy’ layer as those sections or identified groups among the backward classes who are excluded from the purview of reservation. Further, the criterion for determining creamy layer amongst OBCs is provided in the Schedule to the OM dated 08.09.1993. For Category VI of the aforesaid Schedule, wherein Income/Wealth Test for determination of creamy layer has been prescribed, the income ceiling is revised from time to time. The current income ceiling for that purpose is Rs 6 Lakh per annum, as stipulated in DoPT OM dated 27.05.2013.

This was stated by the Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office, Dr. Jitendra Singh in a written reply to a question by Shri Devender Goud T. in the Rajya Sabha today. 

Department of Posts awarded for outstanding performance in implementation of RTI Online Portal





Thursday, March 23, 2017

Air India LTC 80 Fare as on March 2017 for Central Government Employees

Central Government Employees travelling on LTC will have to purchase only Air India Tickets under LTC 80 Fare

Instructions issued by Govt from time to time envisages that Central Government Employees will have to travel only by Air India by purchasing LTC 80 tickets, when they availAir under Leave Travel concession.

Govt has also issued instructions regarding eligibility for reimbursement of Private Air tickets fare other than Air India LTC 80 Tickets, in certain circumstances such as non-availablity of Air India flights, tickets etc.

The Latest Air India LTC 80 Fare with effect from March 2017 along with Air India’s conditions for booking air tickets under LTC concession.



LTC Concession 


Eligibility:

Air India offers LTC in Economy and Business class Indians and their family members traveling on leave.For the purpose of concession, the family includes Spouse, dependent children 12Yrs and above and dependent Parents. They must be employed in the following institutions where leave facility is available:



– Central & State Government.
– Public Sector Organizations.
– Educational Institute recognized / aided by Central / State Governments and / or officiated to any of the Universities / Education Boards.
Required Documents:Official ID card. Family members to carry the copy of the same.

Discount:Specific HLTC fare in Economy and DLTC in Business class.
Travel:Any sector within India.

Ticket Validity:
1 Year from date of issue

Advance Purchase:
Not required. Ticket can be purchased any time

Children:

Normal discount on the class of travel. No additional discount applies.
Infant:
(Under 2 years) 1st accompanying Infant – Rs.1000 per coupon, Plus applicable taxes. 2nd and more Infants, no discount permissible.


Date/Flight change, Cancellation & Refund:
Permitted – Fee applies


TABLE – IV : LTC Fares

SECTOR & V.VHLTC (Economy Class)DLTC (Executive Class)
Base FareBase Fare
AgartalaKolkata
5741
12601
AgattiBengaluru
10141
AgattiKochi
10421
AgraDelhi
7531
18476
AgraKhajuraho
5741
11001
AgraVaranasi
6796
15872
AhmedabadChennai
10376
33856
AhmedabadDelhi
8150
22628
AhmedabadHyderabad
9226
25124
AhmedabadMumbai
6201
18792
AizawlImphal
6316
11800
AizawlKolkata
6476
13853
AllahabadDelhi
8391
AllahabadKanpur
7531
AllahabadMumbai
12351
AmritsarDelhi
6216
18680
AmritsarMumbai
13461
35400
AmritsarNanded
13461
35400
AurangabadDelhi
10951
27552
AurangabadMumbai
6301
17880
BagdograDelhi
12666
27400
BagdograKolkata
7286
17840
BhatindaDelhi
6901
BengaluruChennai
6551
13396
BengaluruDelhi
13551
39956
BengaluruGoa
7001
20056
BengaluruHubli
6671
BengaluruHyderabad
7301
21556
BengaluruKochi
6351
14032
BengaluruKolkata
13351
37072
BengaluruMangalore
6786
BengaluruMumbai
9001
21644
BengaluruMysore
6351
BengaluruPune
8034
21368
BengaluruTirupati
7071
BengaluruTrivandrum
7301
16948
BengaluruVijayawada
7101
BhavnagarMumbai
6786
BhopalDelhi
6651
22200
BhopalHyderabad
7900
BhopalIndore
6131
12732
BhopalJabalpur
6901
BhopalMumbai
7206
23880
BhopalPune
7101
BhopalRaipur
7180
BhubaneshwarDelhi
11951
32813
BhubaneshwarMumbai
12351
35108
BhubaneshwarPort Blair
14166
BhubaneshwarVaranasi
8550
23880
BhujMumbai
8391
ChandigarhDelhi
6151
18508
ChandigarhJammu
6901
ChandigarhLeh
6551
14032
ChandigarhMumbai
11786
35400
ChandigarhPune
11786
35400
ChennaiCoimbatore
7171
17120
ChennaiDelhi
12106
39724
ChennaiGoa
8161
21052
ChennaiHyderabad
6301
18328
ChennaiKochi
7101
19312
ChennaiKolkata
11516
36144
ChennaiMadurai
6101
17012
ChennaiMumbai
11521
27680
ChennaiPortblair
12361
33312
ChennaiPune
10001
26752
ChennaiTrivandrum
7451
19320
CoimbatoreDelhi
13401
41624
CoimbatoreMumbai
10951
27480
DehradunDelhi
7071
17400
DehliDharamsala
6671
DehliDurgapur
12011
33672
DelhiGaya
9001
23524
DelhiGoa
12471
33260
DelhiGorakhpur
7206
DelhiGuwahati
13461
33904
DelhiGwalior
6901
12614
DelhiHyderabad
11351
33960
DelhiImphal
12731
38000
DelhiIndore
6701
20668
DelhiJabalpur
8251
DelhiJaipur
5401
17880
DelhiJammu
6251
18836
DelhiJodhpur
7556
18940
DelhiKanpur
7171
DelhiKhajuraho
7501
19836
DelhiKochi
16001
44668
DelhiKolkata
12011
34600
DelhiKozhikode
13701
40024
DelhiKullu
8151
DelhiLeh
7351
19872
DelhiLucknow
6671
18680
DelhiMangalore
13551
39956
DelhiMumbai
11901
31360
DelhiNagpur
9321
22718
DelhiPantnagar
6151
DelhiPatna
9301
23120
DelhiPort Blair
25166
44668
DelhiPune
12351
36872
DelhiRaipur
10001
27952
DelhiRajkot
11251
DelhiRanchi
11761
27480
DelhiSrinagar
8051
22364
DelhiSurat
11251
26536
DelhiTirupati
12666
38000
DelhiTrivandrum
15806
44668
DelhiUdaipur
7636
22680
DelhiVadodra
9201
25476
DelhiVaranasi
7531
22600
DelhiVijayawada
11516
33874
DelhiVishakhapatnam
13351
35876
DibrugarhDimapur
5101
11276
DibrugarhKolkata
9551
18312
DimapurKolkata
7951
16827
DiuMumbai
6901
DurgapurKolkata
6253
17880
GayaKolkata
6351
14550
GayaVaranasi
6701
12110
GoaHyderabad
7101
19880
GoaKochi
6851
19123
GoaMumbai
7171
17120
GoaPune
6386
17880
GuwahatiImphal
6751
17880
GuwahatiKolkata
6926
18280
GuwahatiLilabari
7001
GuwahatiSilchar
7101
GuwahatiTezpur
5951
GwaliorMumbai
10551
23946
HubliMumbai
6671
HyderabadJabalpur
7900
HyderabadKolkata
12646
33340
HyderabadMumbai
7101
19696
HyderabadPune
7081
18912
HyderabadTirupati
6506
17880
HyderabadVaranasi
11761
27456
HyderabadVijayawada
6901
17880
HyderabadVishakhapatnam
6796
17880
ImphalKolkata
6131
14480
IndoreMumbai
6331
17128
JaipurMumbai
10001
24316
JaipurJodhpur
7031
16280
JammuLeh
6736
17880
JammuSrinagar
6253
17880
JamnagarMumbai
7031
16280
JodhpurMumbai
9836
24180
KhajurahoVaranasi
6786
19480
KochiMumbai
11351
28068
KochiTrivandrum
6151
10804
KolkataLilabari
9950
KolkataMumbai
12136
38000
KolkataPort Blair
14021
33708
KolkataRanchi
6386
KolkataShillong
7331
KolkataSilchar
6851
14228
KolkataTezpur
7001
KozhikodeMumbai
11250
29536
LehSrinagar
6453
17880
LucknowMumbai
11001
33340
MaduraiMumbai
10801
30284
MangaloreMumbai
7936
20552
MumbaiNagpur
6851
19892
MumbaiRaipur
11650
26396
MumbaiRajkot
7131
17880
MumbaiRanchi
12701
34160
MumbaiSurat
6151
MumbaiTrivandrum
13151
30552
MumbaiUdaipur
6636
22280
MumbaiVaranasi
12646
31221
MumbaiVishakhapatnam
12051
30016
Port BlairVishakhapatnam
12646
29621
PuneRaipur
9301
RaipurNagpur
7031
16280
RaipurVishakhapatnam
6101
15999
SilcharTezpur
5951
VijayawadaVishakhapatnam
6901