కరీంనగర్ తపాల ఉద్యోగులకు తెలంగాణా బత్కమ్మ శుభాకాంక్షలు
Tuesday, September 27, 2011
Declining promotion to Postmaster Grade-I by the officials declared successful in Postmaster Grade-I Departmental Competitive Examination held on
I am directed to refer to Directorate's letter of even number dated 9.8.2011 on the above subject and to say that in the aforesaid letter the Circles were advised that declination of appointment by the candidate to the post of Postmaster Grade-I after passing the Departmental examination, but before his appointment ,may be accepted.
2. References are being received seeking clarification with regard to acceptance of declination of appointment by the candidate to the post of Postmaster Grade-I after issue of order of appointment but before joining by the candidate to the post of Postmaster Grade-I.
3. The Directorate's letter of even number dated 9.8.2011 is very clear. Declination of appointment by the officials can be accepted by the Circles only if the same is received before issue of order of appointment. No deviation is permissible in the matter.
D.G. Posts No. 4-24/2011-SPB-II dated 26 Sep, 2011.
2. References are being received seeking clarification with regard to acceptance of declination of appointment by the candidate to the post of Postmaster Grade-I after issue of order of appointment but before joining by the candidate to the post of Postmaster Grade-I.
3. The Directorate's letter of even number dated 9.8.2011 is very clear. Declination of appointment by the officials can be accepted by the Circles only if the same is received before issue of order of appointment. No deviation is permissible in the matter.
D.G. Posts No. 4-24/2011-SPB-II dated 26 Sep, 2011.
TRAI clears confusion over SMS limit,exempts certain services
Regulator TRAI has exempted various service providers, including the dealers of telecom operators, e-ticketing agencies and social networking sites, from the new limit of one hundred SMSes per day per SIM, which was imposed to block pesky calls and messages.
On 5th September, after much delay, Trai had come out with recommendations to stop pesky calls and text messages from 27th September, ordering that no access provider (operators) shall permit the transmission of more than 100 SMSes per day per SIM.
"Hereby directs all access providers to exclude the following persons from the limit of one hundred SMS per day per SIM -- dealers of the telecom service providers and DTH operators for sending request for electronic recharge on mobile numbers," Trai said in a statement on Tuesday.
The directive from the regulator had come in the wake of concerns raised by telecom lobby COAI on limiting the SMS entitlement per SIM to 100 per day.
It will also exempt e-ticketing agencies for responding to e-ticketing request made by its customers, SMSes from social networking sites Facebook, Twitter, Orkut, LinkedIn and GooglePlus to their members in connection to activities relating to their accounts, based on verifiable options; and agencies providing directory services, such as Justdial, Zatse, Callezee, Getit and Askme, Trai added.
Earlier, COAI had asked Trai to reconsider its recommendation to limit the number of SMSes per sim to 100 per day, saying that such a regulation may pose a potential challenge to the "fundamental rights" of an ordinary users.
There are several instances where SMSes are an important mode of communication.
There could be a situation where a customer has exhausted the limit and suddenly some emergency occurs, COAI had said.
Further, this limit will not also be applicable on "blackout days" (festive occasions), when the customer is free to send as many messages he wants.
In the case of post-paid telephone numbers, the access provider shall not permit more than 3,000 SMSes per SIM per month, the Trai recommendations had said.
However, Trai said, "The access provider shall, before excluding the persons, obtain an undertaking from such person that he shall not use the said facility in any manner for sending commercial communications."
Subscribers have the option of choosing to be under the 'Fully Blocked' category, which is akin to the 'Do Not Call Registry'.
If a user selects the 'Partially Blocked' category, he/she will receive SMSes in categories chosen.
For registering under the fully blocked list, a customer has to SMS 'START 0' to 1909.
On 5th September, after much delay, Trai had come out with recommendations to stop pesky calls and text messages from 27th September, ordering that no access provider (operators) shall permit the transmission of more than 100 SMSes per day per SIM.
"Hereby directs all access providers to exclude the following persons from the limit of one hundred SMS per day per SIM -- dealers of the telecom service providers and DTH operators for sending request for electronic recharge on mobile numbers," Trai said in a statement on Tuesday.
The directive from the regulator had come in the wake of concerns raised by telecom lobby COAI on limiting the SMS entitlement per SIM to 100 per day.
It will also exempt e-ticketing agencies for responding to e-ticketing request made by its customers, SMSes from social networking sites Facebook, Twitter, Orkut, LinkedIn and GooglePlus to their members in connection to activities relating to their accounts, based on verifiable options; and agencies providing directory services, such as Justdial, Zatse, Callezee, Getit and Askme, Trai added.
Earlier, COAI had asked Trai to reconsider its recommendation to limit the number of SMSes per sim to 100 per day, saying that such a regulation may pose a potential challenge to the "fundamental rights" of an ordinary users.
There are several instances where SMSes are an important mode of communication.
There could be a situation where a customer has exhausted the limit and suddenly some emergency occurs, COAI had said.
Further, this limit will not also be applicable on "blackout days" (festive occasions), when the customer is free to send as many messages he wants.
In the case of post-paid telephone numbers, the access provider shall not permit more than 3,000 SMSes per SIM per month, the Trai recommendations had said.
However, Trai said, "The access provider shall, before excluding the persons, obtain an undertaking from such person that he shall not use the said facility in any manner for sending commercial communications."
Subscribers have the option of choosing to be under the 'Fully Blocked' category, which is akin to the 'Do Not Call Registry'.
If a user selects the 'Partially Blocked' category, he/she will receive SMSes in categories chosen.
For registering under the fully blocked list, a customer has to SMS 'START 0' to 1909.
Clarification regarding restriction of officiating pay under FR 35
In terms of the provisions contained in Fundamental Rule 35, the Central Government may fix the pay of an officiating Government Servant at an amount less than that admissible under the Fundamental Rules. Accordingly, orders have been issued from time to time indicating the circumstances and the extent to which provisions of FR 35 would apply.
The question of revising these ceilings consequent upon implementation of CCS(RP) Rules, 2008, which have replaced pre-revised pay scales by the running pay bands and grade pay, has been considered by the Government and the President is pleased to decide to replace the existing criteria of basic pay regarding imposition of the above restriction by the criteria of pay in the pay band.
Accordingly, the pay under FR 35 shall be restricted so as , not to exceed the basic pay in the revised scales by more than the amounts shown below:
a) For employees in receipt of 12-1/2% of the basic Pay j.n the pay band above pay subject to a Rs. 14880 p.m. maximum o f Rs. 2000 p.m. (including the difference of grade pay between the feeder and the motional
post) .
b) For employees in receipt of 15% of the basic pay Pay in the pay band upto subject to a maximum of Rs.14880 p.m. Rs.2000 p.m. (including the difference of grade pay between the feeder and the promotional
post).
3. In sofar as the rate of increment to be drawn in cases where the pay is fixed under FR 35 is concerned, the Government servant may be allowed to draw his annual increment @ 3% of the basic pay granted to him after imposition of restrictions under FR 35.
4. In so far as persons serving in the Indian Audit & Accounts Department are concerned, these orders issue in consultation with the Comptroller & Auditor General of India.
The question of revising these ceilings consequent upon implementation of CCS(RP) Rules, 2008, which have replaced pre-revised pay scales by the running pay bands and grade pay, has been considered by the Government and the President is pleased to decide to replace the existing criteria of basic pay regarding imposition of the above restriction by the criteria of pay in the pay band.
Accordingly, the pay under FR 35 shall be restricted so as , not to exceed the basic pay in the revised scales by more than the amounts shown below:
a) For employees in receipt of 12-1/2% of the basic Pay j.n the pay band above pay subject to a Rs. 14880 p.m. maximum o f Rs. 2000 p.m. (including the difference of grade pay between the feeder and the motional
post) .
b) For employees in receipt of 15% of the basic pay Pay in the pay band upto subject to a maximum of Rs.14880 p.m. Rs.2000 p.m. (including the difference of grade pay between the feeder and the promotional
post).
3. In sofar as the rate of increment to be drawn in cases where the pay is fixed under FR 35 is concerned, the Government servant may be allowed to draw his annual increment @ 3% of the basic pay granted to him after imposition of restrictions under FR 35.
4. In so far as persons serving in the Indian Audit & Accounts Department are concerned, these orders issue in consultation with the Comptroller & Auditor General of India.
New Income Tax Code from 2011 -Finance Minister
The government plans to implement the Direct Taxes Code (DTC) from 2011-12 after addressing all concerns relating to controversial proposals like taxation of retirement benefits, weeding out incentives for housing sector and changes in the Minimum Alternate Tax (MAT).
The proposals in the Code are only “illustrative” and are open for discussion and there is no need to think that these”have been decided,” Finance Minister Mr. Pranab Mukherjee said.
Giving the roadmap for the Code that will replace the Income Tax Act of 1961, he said, “It will be implemented from 2011. So, the finance bill of 2011-12 would be appropriate.”
The government, Mr. Mukherjee said, has identified seven critical areas of concern in the Code and would take suggestions on board before finalising it.
The Code is silent on tax incentives for housing sector as against the current practice of provide rebate on repayment of interest and principal on home loans.
The critical areas of concern include shifting the base for computation of Minimum Alternate Tax (MAT) from book profits to assets; capital gainstaxation in case of non-residents; double tax avoidance agreements; General Anti-Avoidance Rules (GAAR); taxation of foreign companies; taxation of charitable institutions; and shift to EET system for taxation of savings.
On the issues relating to taxation of savings at the time of withdrawal, the Minister said, “Whether it will be EET (exempt, exempt, tax) or ETE (exempt, tax, exempt) … is to be finally arrived at a decision. So one need not rush to the conclusion that it has been decided. That is the short point that I would like to make it clear.”
The direct tax reforms are basically aimed at doing away with the “plethora of exemptions”, Mukherjee said, adding “if somebody analysis the Act of 1961, as amended from time to time now (will) realise that the original character of the Act is lost through a series of amendments.
DTC has proposed that all savings schemes should be taxed at the time of withdrawal. Under the current dispensation, the savings schemes like Public Provident Fund (PPF) and General Provident Fund (GPF) are not taxed at all, while in some schemes like National Savings Certificate (NSC) only interest accruals are taxed.
As regards the MAT, the Code proposes to levy minimum tax on assets instead of book profits. The proposal evoked sharp reaction from the industry which described the move as introducing wealth tax on enterprises.
Referring to his interaction with the representatives of the industry on the Code at Delhi and Bangalore, Mr. Mukherjee said, “I told them to express (their) views candidly … final decision will be taken after obtaining inputs from various stake holders and in depth discussions.”
The proposals in the Code are only “illustrative” and are open for discussion and there is no need to think that these”have been decided,” Finance Minister Mr. Pranab Mukherjee said.
Giving the roadmap for the Code that will replace the Income Tax Act of 1961, he said, “It will be implemented from 2011. So, the finance bill of 2011-12 would be appropriate.”
The government, Mr. Mukherjee said, has identified seven critical areas of concern in the Code and would take suggestions on board before finalising it.
The Code is silent on tax incentives for housing sector as against the current practice of provide rebate on repayment of interest and principal on home loans.
The critical areas of concern include shifting the base for computation of Minimum Alternate Tax (MAT) from book profits to assets; capital gainstaxation in case of non-residents; double tax avoidance agreements; General Anti-Avoidance Rules (GAAR); taxation of foreign companies; taxation of charitable institutions; and shift to EET system for taxation of savings.
On the issues relating to taxation of savings at the time of withdrawal, the Minister said, “Whether it will be EET (exempt, exempt, tax) or ETE (exempt, tax, exempt) … is to be finally arrived at a decision. So one need not rush to the conclusion that it has been decided. That is the short point that I would like to make it clear.”
The direct tax reforms are basically aimed at doing away with the “plethora of exemptions”, Mukherjee said, adding “if somebody analysis the Act of 1961, as amended from time to time now (will) realise that the original character of the Act is lost through a series of amendments.
DTC has proposed that all savings schemes should be taxed at the time of withdrawal. Under the current dispensation, the savings schemes like Public Provident Fund (PPF) and General Provident Fund (GPF) are not taxed at all, while in some schemes like National Savings Certificate (NSC) only interest accruals are taxed.
As regards the MAT, the Code proposes to levy minimum tax on assets instead of book profits. The proposal evoked sharp reaction from the industry which described the move as introducing wealth tax on enterprises.
Referring to his interaction with the representatives of the industry on the Code at Delhi and Bangalore, Mr. Mukherjee said, “I told them to express (their) views candidly … final decision will be taken after obtaining inputs from various stake holders and in depth discussions.”
INCOME TAX: Cabinet Clears the Direct Tax Code (DTC) Bill in Parliament.
The Cabinet at its hour-long meeting chaired by the Prime Minister discussed at length various provisions of the DTC Bill, which will seek to bring about radical reforms and simplification in direct tax structure including the Income Tax rates and exemptions.
Features:* It will be effective From April 1, 2011.
* It will Replace the old Income Tax Act which is 50 years old.
* Employees have to pay less direct tax in each slab of income.
* Limit of exemption for salaries employees : 2 Lakhs.
* Limit of exemption for senior citizens: 2.5 Lakhs.
* Tax for income between Rs. 2 lakhs - Rs. 5 lakhs: 10%
* Tax for income between Rs. 5 lakhs - Rs. 10 lakhs: 20%
* Tax for income over Rs.10 Lakhs 30 %.
* Corporate Tax 30 %.
FAQS ON I.T.:
Under the direct taxes code (DTC) regime, what happens if a salaried employee withdraws money from his/her approved Provident Fund (PF)/Superannuation fund (SF) /Gratuity and other retrial benefit schemes? How will the DTC affect pension plans?
In the initial draft of DTC, the government has proposed to move to the exempt-exempt-tax (EET) basis of taxation for long-term saving schemes. That is, exemption granted at the time of contribution (making an investment) and accrual on such investments. But at the time of withdrawal, such accumulations were proposed to be taxed. Under the revised discussion paper on DTC (RDP), released recently by the Government, it has been proposed to restore the exempt-exempt-exempt (EEE) basis of taxation for Provident Funds (Government, Recognised or Public), approved pension schemes, pure life insurance products and annuity schemes. Accordingly, the withdrawal from approved PF/SF may continue to be not taxable at the time of withdrawal.
Further, the retirement benefits have also been proposed to be exempted from tax subject to limits. Benefits such as gratuity, leave encashment, commutation of pension (linked to gratuity), would be exempt subject to the limits to be prescribed.
Regarding pension schemes, where these schemes are administered by Insurance Regulatory and Development Authority (Irda), these schemes may get the benefit of EEE basis of taxation. The provisions of exemptions are expected to be on the similar lines as are contained in the existing tax laws. But one would need to wait and see the final shape of DTC how EEE basis of taxation is finally legislated.
Currently an employer's contribution to provident fund/ approved superannuation fund (up to Rs 100,000) is exempt. Would these exemptions continue in DTC regime?
The RDP has proposed to exclude the employer’s contribution to PF and approved SF from the definition of the salary up to a certain limit. Accordingly, such contributions may not be taxable subject to the limits to be prescribed.
Would I be able to get the benefits of house rent allowance (HRA), medical reimbursement, leave travel assistance, etc. under the DTC regime?
The deduction of HRA and leave travel assistance would not be available. However the medical expenses reimbursement (which is presently not taxable upto Rs 15,000) is proposed to be reinstated with higher monetary limits.
What happens to the policyholders who have invested in unit-linked insurance plans (Ulip)? Whether the proceeds receivable on maturity is taxable under the proposed DTC regime?
The RDP has proposed to restore the EEE basis of taxation for saving schemes. As mentioned in answer to question no 1, such benefits have been extended to pure insurance products or annuity on schemes also. While the debate whether Ulip is an investment product or insurance product is still on, but there does not seem to be clarity in the RDP whether Ulip will enjoy the benefit of EEE basis of taxation or not. A clarity on this aspect in the final print of DTC would be useful keeping in view the fact that Ulip is a popular product. It has been proposed in the RDP that investments made in instruments before the commencement of the DTC, which currently enjoy the benefit of EEE basis of taxation would continue to get the same until their full term. Accordingly, investments made in Ulip schemes before April 01, 2011( when DTC is expected to be implemented), the benefit of EEE basis of taxation should be made available to that extent.
What is the tax implication of interest on housing loan paid/payable during the financial year 2011-12 (assuming that the DTC will come in force)?
The RDP has restored the deduction of Rs. 1.5 lakh on account of interest paid/ payable in relation to one not let out house property. Accordingly, the tax payer would be able to claim the above deduction.
Is there any exemption for senior citizens available under the DTC? Whether tax benefit available on reverse mortgage transactions would continue under the DTC regime?
Under the existing tax laws, a senior citizen pays tax only whom his/her taxable income exceeds Rs 240,000. The said limit has not been enhanced either in the DTC or the RDP. Further, the existing provisions of the Income Tax Act, 1961, exempts the reverse mortgage transaction from the definition of transfer and hence these transactions do not attract any tax. However, similar provisions are not there in the DTC and even the RDP has not indicated extension of any such benefit. One may hope that there would be some addressal on the reverse mortgage transactions when DTC is rolled out as these schemes are a mechanism to avoid financial hardship at old age.
source:business-standad. Written by Kuldip Nayyar.
Features:* It will be effective From April 1, 2011.
* It will Replace the old Income Tax Act which is 50 years old.
* Employees have to pay less direct tax in each slab of income.
* Limit of exemption for salaries employees : 2 Lakhs.
* Limit of exemption for senior citizens: 2.5 Lakhs.
* Tax for income between Rs. 2 lakhs - Rs. 5 lakhs: 10%
* Tax for income between Rs. 5 lakhs - Rs. 10 lakhs: 20%
* Tax for income over Rs.10 Lakhs 30 %.
* Corporate Tax 30 %.
FAQS ON I.T.:
Under the direct taxes code (DTC) regime, what happens if a salaried employee withdraws money from his/her approved Provident Fund (PF)/Superannuation fund (SF) /Gratuity and other retrial benefit schemes? How will the DTC affect pension plans?
In the initial draft of DTC, the government has proposed to move to the exempt-exempt-tax (EET) basis of taxation for long-term saving schemes. That is, exemption granted at the time of contribution (making an investment) and accrual on such investments. But at the time of withdrawal, such accumulations were proposed to be taxed. Under the revised discussion paper on DTC (RDP), released recently by the Government, it has been proposed to restore the exempt-exempt-exempt (EEE) basis of taxation for Provident Funds (Government, Recognised or Public), approved pension schemes, pure life insurance products and annuity schemes. Accordingly, the withdrawal from approved PF/SF may continue to be not taxable at the time of withdrawal.
Further, the retirement benefits have also been proposed to be exempted from tax subject to limits. Benefits such as gratuity, leave encashment, commutation of pension (linked to gratuity), would be exempt subject to the limits to be prescribed.
Regarding pension schemes, where these schemes are administered by Insurance Regulatory and Development Authority (Irda), these schemes may get the benefit of EEE basis of taxation. The provisions of exemptions are expected to be on the similar lines as are contained in the existing tax laws. But one would need to wait and see the final shape of DTC how EEE basis of taxation is finally legislated.
Currently an employer's contribution to provident fund/ approved superannuation fund (up to Rs 100,000) is exempt. Would these exemptions continue in DTC regime?
The RDP has proposed to exclude the employer’s contribution to PF and approved SF from the definition of the salary up to a certain limit. Accordingly, such contributions may not be taxable subject to the limits to be prescribed.
Would I be able to get the benefits of house rent allowance (HRA), medical reimbursement, leave travel assistance, etc. under the DTC regime?
The deduction of HRA and leave travel assistance would not be available. However the medical expenses reimbursement (which is presently not taxable upto Rs 15,000) is proposed to be reinstated with higher monetary limits.
What happens to the policyholders who have invested in unit-linked insurance plans (Ulip)? Whether the proceeds receivable on maturity is taxable under the proposed DTC regime?
The RDP has proposed to restore the EEE basis of taxation for saving schemes. As mentioned in answer to question no 1, such benefits have been extended to pure insurance products or annuity on schemes also. While the debate whether Ulip is an investment product or insurance product is still on, but there does not seem to be clarity in the RDP whether Ulip will enjoy the benefit of EEE basis of taxation or not. A clarity on this aspect in the final print of DTC would be useful keeping in view the fact that Ulip is a popular product. It has been proposed in the RDP that investments made in instruments before the commencement of the DTC, which currently enjoy the benefit of EEE basis of taxation would continue to get the same until their full term. Accordingly, investments made in Ulip schemes before April 01, 2011( when DTC is expected to be implemented), the benefit of EEE basis of taxation should be made available to that extent.
What is the tax implication of interest on housing loan paid/payable during the financial year 2011-12 (assuming that the DTC will come in force)?
The RDP has restored the deduction of Rs. 1.5 lakh on account of interest paid/ payable in relation to one not let out house property. Accordingly, the tax payer would be able to claim the above deduction.
Is there any exemption for senior citizens available under the DTC? Whether tax benefit available on reverse mortgage transactions would continue under the DTC regime?
Under the existing tax laws, a senior citizen pays tax only whom his/her taxable income exceeds Rs 240,000. The said limit has not been enhanced either in the DTC or the RDP. Further, the existing provisions of the Income Tax Act, 1961, exempts the reverse mortgage transaction from the definition of transfer and hence these transactions do not attract any tax. However, similar provisions are not there in the DTC and even the RDP has not indicated extension of any such benefit. One may hope that there would be some addressal on the reverse mortgage transactions when DTC is rolled out as these schemes are a mechanism to avoid financial hardship at old age.
source:business-standad. Written by Kuldip Nayyar.
Leave Travel Concession - journey by private airlines
Regulation of Journey by private airlines while availing LTC ( Leave Travel Concession )
Regarding journey by air, while availing LTC in all cases of air travel ( Including LTC ) both domestic and International where the government of India bears the cost of air passage , the government employee may travel by air india only.
Now it is clarified that the restriction of travel by Air India only need not apply to non-entitled officers who travel by air and claim LTC reimbursement by entitled class of rail.
This order is applicable from the date of issue of the memorandum. It is also clarified that past cases which are alreeady settled will not be re opened.
Download the clarification regarding LTC - Journey by private airlines.
Regarding journey by air, while availing LTC in all cases of air travel ( Including LTC ) both domestic and International where the government of India bears the cost of air passage , the government employee may travel by air india only.
Now it is clarified that the restriction of travel by Air India only need not apply to non-entitled officers who travel by air and claim LTC reimbursement by entitled class of rail.
This order is applicable from the date of issue of the memorandum. It is also clarified that past cases which are alreeady settled will not be re opened.
Download the clarification regarding LTC - Journey by private airlines.
LTC rules relaxed for Central Govt employees visiting JK
Government has decided to relax LTC rules by permitting Central govt employees to travel by any airlines to visit Jammu and Kashmir.
All officers and employees of the Central government will be allowed to avail LTC to visit the state against "conversion of one block of their home town LTC", an order issued by the government said.
Officers and employees of the Centre entitled to travel by air can avail this LTC in their entitled class, it said.
All other employees of Central government can travel by air in economy class from Delhi and Amritsar to any place in J and K by any airlines subject to their entitlement being limited to fares of Air India, the order said.
Journey from their place of posting upto Delhi/Amritsar will have to be undertaken as per their entitlement.
All officers and employees of the Central government will be allowed to avail LTC to visit the state against "conversion of one block of their home town LTC", an order issued by the government said.
Officers and employees of the Centre entitled to travel by air can avail this LTC in their entitled class, it said.
All other employees of Central government can travel by air in economy class from Delhi and Amritsar to any place in J and K by any airlines subject to their entitlement being limited to fares of Air India, the order said.
Journey from their place of posting upto Delhi/Amritsar will have to be undertaken as per their entitlement.
Syllabus for Postmaster Cadre Grade I Examination
After introducing the Postmasters Cadre in Postal Wing with due Gazette Notification on 9th September, 2010 and framing “Department of Posts, Senior Postmaster ( Group-B Gazetted ), Postmaster ( Grade – III and II Group - B non-Gazetted ) and Postmaster ( Grade – I Group – C non-Gazetted ) Recruitment Rules, 2010” vide Postal Directorate letter No.4-17/2008-SPB-II, dated 22.11.2010, now the Department vide Directorate’s letter No. 137-8/2009-SPB.II, dated 08.12.2010, has circulated the syllabus for Departmental Examination in respect of Postmaster Grade – I.
The examination for Postmaster Grade – I will consist of two papers of 100 questions ( objective type multiple choice ) , 90 minutes duration each.
The Department Order is given below:
No: 137-8/ 2009-SBP II
Government of India
Ministry of Communications and IT
Department of Posts
Dak Bhavan, Sansad Marg
New Delhi, Dated 08 December, 2010
To,
All Chief Postmaster General
Subject: Syllabus for Departmental Examination in respect of Post Master Grade - 1 in Postal Wing
Sir/ Madam,
I am directed to refer to Directorate's letter No: 13-2/ 010-PE.I, dated 03.02.2010, whereby a separate cadre of Postmasters has been constituted in he grades of Senior Postmaster, Postmaster Grade III, Postmaster Grade II and Postmaster Grade I, by carving out the posts from existing General Line posts in Postal wing.
2. Reference is also invited to Directorate's letter of even number dated 22.11.2010 forwarding therewith copy of Recruitment Rules, namely, Department of Posts, Senior Postmaster (Group B gazetted), Postmaster (Grade III and II - Non - Gazetted) and Postmaster (Grade 1 - Group C Non-Gazetted) Recruitment Rules, 2010, dated 9th September, 2010. It was stated inter-alia in the said letter that initial constitution of the various grades of Postmasters shall be done by inviting options/ applications from the existing incumbents of LSG, HSG II, HSG I in Post Offices and PS Gr 'B'. In case, after filling up the posts as per the provisions of the Recruitment Rules certain number of Posts still remain unfilled, the same would be filled up as per the provisions contained in Col. 12 of the respective Recruitment rules.
3. The Recruitment rules for the Grade of Postmaster Grade - I provides for filling up of the vacancies by promotion through Limited departmental Competitive Examination from amongst the Postal Assistants working in Post Offices with five years of regular service in the grade. Thus, the unfilled posts, after the initial constitution, if any, and regular vacancies subsequently will be filled up on the basis of Limited Departmental Competitive Examination. The pattern and scheme of Limited Departmental Competitive Examination decided by the Competent Authority to fill up the vacancies in the grade of Postmaster Grade - i is forwarded herewith as in the Annexure.
4. It is requested that the provisions of the Recruitment Rules and the Syllabus may be brought to the notice of all concerned.
Encl: As above
Yours faithfully
Sd/-
Suraj Bhan
Assistant Director general (SPN)
Copy to:
1. Secretary (Posts)
2. All Members of Postal Services Board/JS & FA
3. Secretary (PSB)
4. CGM (BD)/CGM (MB)/ CGM (PLI)/ Director, Postal Staff College India, Ghaziabad
5. All DDsG
6. Pr. Director of Audit (Postal), Delhi - 54
7. Additional Director General, APS, R.K.Puram, New Delhi - 66
8. All Directors, Postal Training Centers
9. All recognized Service Unions/ Associations/ Federations.
10. Guard File
ANNEXURE
Syllabus for Departmental Competitive Examination for the post of Post Master Grade-I in Post Offices.
The examination for Postmaster Grade-I will consist of two papers of 100 questions; 90 minutes duration each. The questions will be on the pattern of objective type Multiple Choice Question (MCQ).
2. Syllabus for these two question papers is given as under:
PAPER-1
(i) Customer Services and Grivances
(a) Post Office Guide - Part I
(b) Compendium of Processing and Disposal of Public Complaints
(c) Knowledge about DOPG, DOARPG and RTI cases
(d) Consumer Forum/ Post Forum/ Citizen Charter
(e) Central Civil Services (Classification, Control & Appeal) Rules
(f) Conduct Rules
(g) General Financial Rules
(ii) Postal Operations
(a) Postal Manual Volume V
(b) Postal Manual Volume VI (Part I, II and III)
(c) FHB Volume II
(d) POSB Manuals (Volume I, II and III) OR Compilation of POSB Manual Volume I and II written by Kanwaljit Singh, AD (FS), Department of Posts
(e) Project Arrow-Blue Book
PAPER – II.
(a) Knowledge of products and services of Department of Posts.
(b) Marketing: Principles of marketing assessment of related products and services.
(c) PLI/ RPLI, Post Office Insurance Fund Rule, outline knowledge about Insurance Schemes, Mutual Fund and other financial products and services in the market.
(d) General Awareness and Current Affairs including general mental ability test covering logical reasoning (verbal and non verbal), numerical analysis (arithmetic) and basic mathematical equations and statistical tools like mean, median, mode, graphical representation of data, comprehension and basic language skills.
(e) General principles of technology.
(f) Basic technology requirement-computer, server, laptop
(g) Connectivity of computers.
The examination for Postmaster Grade – I will consist of two papers of 100 questions ( objective type multiple choice ) , 90 minutes duration each.
The Department Order is given below:
No: 137-8/ 2009-SBP II
Government of India
Ministry of Communications and IT
Department of Posts
Dak Bhavan, Sansad Marg
New Delhi, Dated 08 December, 2010
To,
All Chief Postmaster General
Subject: Syllabus for Departmental Examination in respect of Post Master Grade - 1 in Postal Wing
Sir/ Madam,
I am directed to refer to Directorate's letter No: 13-2/ 010-PE.I, dated 03.02.2010, whereby a separate cadre of Postmasters has been constituted in he grades of Senior Postmaster, Postmaster Grade III, Postmaster Grade II and Postmaster Grade I, by carving out the posts from existing General Line posts in Postal wing.
2. Reference is also invited to Directorate's letter of even number dated 22.11.2010 forwarding therewith copy of Recruitment Rules, namely, Department of Posts, Senior Postmaster (Group B gazetted), Postmaster (Grade III and II - Non - Gazetted) and Postmaster (Grade 1 - Group C Non-Gazetted) Recruitment Rules, 2010, dated 9th September, 2010. It was stated inter-alia in the said letter that initial constitution of the various grades of Postmasters shall be done by inviting options/ applications from the existing incumbents of LSG, HSG II, HSG I in Post Offices and PS Gr 'B'. In case, after filling up the posts as per the provisions of the Recruitment Rules certain number of Posts still remain unfilled, the same would be filled up as per the provisions contained in Col. 12 of the respective Recruitment rules.
3. The Recruitment rules for the Grade of Postmaster Grade - I provides for filling up of the vacancies by promotion through Limited departmental Competitive Examination from amongst the Postal Assistants working in Post Offices with five years of regular service in the grade. Thus, the unfilled posts, after the initial constitution, if any, and regular vacancies subsequently will be filled up on the basis of Limited Departmental Competitive Examination. The pattern and scheme of Limited Departmental Competitive Examination decided by the Competent Authority to fill up the vacancies in the grade of Postmaster Grade - i is forwarded herewith as in the Annexure.
4. It is requested that the provisions of the Recruitment Rules and the Syllabus may be brought to the notice of all concerned.
Encl: As above
Yours faithfully
Sd/-
Suraj Bhan
Assistant Director general (SPN)
Copy to:
1. Secretary (Posts)
2. All Members of Postal Services Board/JS & FA
3. Secretary (PSB)
4. CGM (BD)/CGM (MB)/ CGM (PLI)/ Director, Postal Staff College India, Ghaziabad
5. All DDsG
6. Pr. Director of Audit (Postal), Delhi - 54
7. Additional Director General, APS, R.K.Puram, New Delhi - 66
8. All Directors, Postal Training Centers
9. All recognized Service Unions/ Associations/ Federations.
10. Guard File
ANNEXURE
Syllabus for Departmental Competitive Examination for the post of Post Master Grade-I in Post Offices.
The examination for Postmaster Grade-I will consist of two papers of 100 questions; 90 minutes duration each. The questions will be on the pattern of objective type Multiple Choice Question (MCQ).
2. Syllabus for these two question papers is given as under:
PAPER-1
(i) Customer Services and Grivances
(a) Post Office Guide - Part I
(b) Compendium of Processing and Disposal of Public Complaints
(c) Knowledge about DOPG, DOARPG and RTI cases
(d) Consumer Forum/ Post Forum/ Citizen Charter
(e) Central Civil Services (Classification, Control & Appeal) Rules
(f) Conduct Rules
(g) General Financial Rules
(ii) Postal Operations
(a) Postal Manual Volume V
(b) Postal Manual Volume VI (Part I, II and III)
(c) FHB Volume II
(d) POSB Manuals (Volume I, II and III) OR Compilation of POSB Manual Volume I and II written by Kanwaljit Singh, AD (FS), Department of Posts
(e) Project Arrow-Blue Book
PAPER – II.
(a) Knowledge of products and services of Department of Posts.
(b) Marketing: Principles of marketing assessment of related products and services.
(c) PLI/ RPLI, Post Office Insurance Fund Rule, outline knowledge about Insurance Schemes, Mutual Fund and other financial products and services in the market.
(d) General Awareness and Current Affairs including general mental ability test covering logical reasoning (verbal and non verbal), numerical analysis (arithmetic) and basic mathematical equations and statistical tools like mean, median, mode, graphical representation of data, comprehension and basic language skills.
(e) General principles of technology.
(f) Basic technology requirement-computer, server, laptop
(g) Connectivity of computers.
Sunday, September 25, 2011
Know the EMI
Home loan, Car loan... Lot of loans to avail. Lot of advertising about the EMI rates. But how much have you understood about the EMI? - its equated monthly installment, EMI. So what is this EMI and how is it calculated?
What is an EMI?
The EMI stands for equated monthly installment, or the EMI, is the amount of money we have to pay month;y to the bank or the to the lender towards clearing the loan.
EMI payments are made every month, for the entire tenure of the loan, till the outstanding amount is completely repaid.
EMI break-up
The EMI that we pay are broken in components of the principal and interest. In the initial years of the loan, a major portion of the EMI goes towards the interest. As time advances, principal gets paid, the balance loan amount reduces. Hence the interest component thus reduces. The EMI, though, stays as a constant amount each month.
The EMI of a home loan is determined by the following four factors:
The principal amount.
The rate of interest.
The tenure of the loan.
Method of computation: daily, monthly or on annual reducing basis.
Annual reducing method: Though the EMI is paid monthly, the adjustment of principal and interest is made at the end of the year. The main drawback of this method is that borrowers continue to pay interest on a portion of the principal that has already been paid back to the lender.
Monthly reducing loans: The better and most common method, it reduces the principal with every EMI paid, each month. The interest is calculated on the outstanding balance.
Daily reducing loans: Reduces the principal every day, with daily loan payments. Interest is charged on the outstanding balance. Practically, of course, such daily payments are not feasible, hence this method isn't popular.
Calculation
EMI is calculated using the formula mentioned below.
EMI = (Loan amount x interest) x (1 + Interest)^n / [(1 + Interest)^n] -1
Interest = (per cent rate)/12
n = Loan period in months
For example, let's calculate the EMI for a loan of Rs 10,00,000 at 11% annum interest rate and loan tenure of 20 years.
Loan amount = Rs 10,00,000
Monthly interest = 0.11/12 = 0.0092
n = 20 years, that is, 240 months
EMI = (10,00,000 X 0.0092) X (1+0.0092)^240 / [(1+ 0.0075)^180]-1
EMI = Rs 11391.10
This EMI of Rs 11391.10 is the sum of both the interest and principal portion of the loan, to be paid every month.
The loan amortisation schedule is a table containing home loan information such as period of scheduled payments, amount borrowed and amount outstanding. It also details the breakup of every EMI towards repayment interest and the outstanding principal of the loan.
The amortisation table is prepared with the use of financial mathematics by financial institutions. It could help borrowers make vital decisions about their loan, on prepayment or refinance. It also provides details of interest for tax related benefits.
Home loan borrowers sometimes seek a partial disbursement of their home loan on the basis of the stages of construction of their house. In such cases, a pre-EMI is to be paid, every month till the final loan is disbursed. The real loan repayment would commence only after the entire loan is disbursed. This pre-EMI would therefore comprise of only the interest accrued on the disbursed money.
EMI on fixed rate of interest
Fixed interest rate loans, charge a steady interest rate throughout the tenure of the loan. The EMI therefore remains constant during the tenure of the loan. It is generally better to opt for a fixed rate only when the prevailing interest rates have reached rock bottom levels and if an upward trend is anticipated.
EMI on floating rate of interest
Floating rates, move with the market lending rates and thus prone to fluctuations. The EMI would increase or decrease depending on the interest rate movement. Alternatively, banks may also provide an option to increase the tenure of the loan, at a constant EMI, for borrowers who do not desire their EMI to be increased in case of higher interest rates
Points to Note
Consider the various personal milestones before committing to any lender. Expenditures on an additional family member, children, etc. should be factored in when deciding on your EMI.
Financial institutions offer various schemes to attract potential borrowers. One must read the fine print of the documentation carefully to understand the effective rate of interest and other terms and conditions of the loan.
One should avoid stretching beyond one's capacity to pay. Factor in for interest rate fluctuations and other debt obligations, when arriving at the EMI.
With uncertainties in life and job, it may be better to repay one's debt sooner. Consider the prepayment option if possible, to reduce the debt obligation.
Avoid EMI defaults, by keeping in mind the date at which the EMI is to be paid. Maintain an adequate balance in your account on the relevant date so that the EMI payment is made successfully.
What is an EMI?
The EMI stands for equated monthly installment, or the EMI, is the amount of money we have to pay month;y to the bank or the to the lender towards clearing the loan.
EMI payments are made every month, for the entire tenure of the loan, till the outstanding amount is completely repaid.
EMI break-up
The EMI that we pay are broken in components of the principal and interest. In the initial years of the loan, a major portion of the EMI goes towards the interest. As time advances, principal gets paid, the balance loan amount reduces. Hence the interest component thus reduces. The EMI, though, stays as a constant amount each month.
The EMI of a home loan is determined by the following four factors:
The principal amount.
The rate of interest.
The tenure of the loan.
Method of computation: daily, monthly or on annual reducing basis.
Annual reducing method: Though the EMI is paid monthly, the adjustment of principal and interest is made at the end of the year. The main drawback of this method is that borrowers continue to pay interest on a portion of the principal that has already been paid back to the lender.
Monthly reducing loans: The better and most common method, it reduces the principal with every EMI paid, each month. The interest is calculated on the outstanding balance.
Daily reducing loans: Reduces the principal every day, with daily loan payments. Interest is charged on the outstanding balance. Practically, of course, such daily payments are not feasible, hence this method isn't popular.
Calculation
EMI is calculated using the formula mentioned below.
EMI = (Loan amount x interest) x (1 + Interest)^n / [(1 + Interest)^n] -1
Interest = (per cent rate)/12
n = Loan period in months
For example, let's calculate the EMI for a loan of Rs 10,00,000 at 11% annum interest rate and loan tenure of 20 years.
Loan amount = Rs 10,00,000
Monthly interest = 0.11/12 = 0.0092
n = 20 years, that is, 240 months
EMI = (10,00,000 X 0.0092) X (1+0.0092)^240 / [(1+ 0.0075)^180]-1
EMI = Rs 11391.10
This EMI of Rs 11391.10 is the sum of both the interest and principal portion of the loan, to be paid every month.
The loan amortisation schedule is a table containing home loan information such as period of scheduled payments, amount borrowed and amount outstanding. It also details the breakup of every EMI towards repayment interest and the outstanding principal of the loan.
The amortisation table is prepared with the use of financial mathematics by financial institutions. It could help borrowers make vital decisions about their loan, on prepayment or refinance. It also provides details of interest for tax related benefits.
Home loan borrowers sometimes seek a partial disbursement of their home loan on the basis of the stages of construction of their house. In such cases, a pre-EMI is to be paid, every month till the final loan is disbursed. The real loan repayment would commence only after the entire loan is disbursed. This pre-EMI would therefore comprise of only the interest accrued on the disbursed money.
EMI on fixed rate of interest
Fixed interest rate loans, charge a steady interest rate throughout the tenure of the loan. The EMI therefore remains constant during the tenure of the loan. It is generally better to opt for a fixed rate only when the prevailing interest rates have reached rock bottom levels and if an upward trend is anticipated.
EMI on floating rate of interest
Floating rates, move with the market lending rates and thus prone to fluctuations. The EMI would increase or decrease depending on the interest rate movement. Alternatively, banks may also provide an option to increase the tenure of the loan, at a constant EMI, for borrowers who do not desire their EMI to be increased in case of higher interest rates
Points to Note
Consider the various personal milestones before committing to any lender. Expenditures on an additional family member, children, etc. should be factored in when deciding on your EMI.
Financial institutions offer various schemes to attract potential borrowers. One must read the fine print of the documentation carefully to understand the effective rate of interest and other terms and conditions of the loan.
One should avoid stretching beyond one's capacity to pay. Factor in for interest rate fluctuations and other debt obligations, when arriving at the EMI.
With uncertainties in life and job, it may be better to repay one's debt sooner. Consider the prepayment option if possible, to reduce the debt obligation.
Avoid EMI defaults, by keeping in mind the date at which the EMI is to be paid. Maintain an adequate balance in your account on the relevant date so that the EMI payment is made successfully.
PRODUCTIVITY LINKED BONUS FOR THE ACCOUNTING YEAR 2010-2011
File No. 26-07/2011-PAP
Government of India
Ministry of Communications & IT
Department of Posts
(Establishment Division)
Dak Bhawan,Sansad Marg,
New Delhi-110 001
Dated 23rd September, 2011
All Chief Postmasters General,
Postmasters General
All General Managers (Finance)
Director/Deputy Directors of Accounts (Postal)
Subject:- Productivity Linked Bonus for the Accounting year 2010-2011
Sir/Madam,
I am directed to convey the approval of the President of India for payment of Productivity Linked Bonus for the accounting year 2010-2011 equivalent of emoluments of 60 (Sixty) days to the employees of Department of Posts in Group `D`,Group `C` and non Gazetted Group `B`. Ex-gratia payment of Bonus to Gramin Dak Sevaks who are regularly appointed after observing all appointment formalities and adhoc payment of Bonus to Casual labourers who have been conferred Temporary Status are also to be paid equivalent to allowance/wages respectively for 60 (sixty) Days for the same period.
1.1 The calculation for the purpose of payment of Bonus under each category will be done as indicated below.
2. REGULAR EMPLOYEES:
2.1 Bonus will be calculated on the basis of the following formula:-
Average emoluments X Number of days of Bonus
30.4 (Average no. of days in a month)
2.2 The term "Emoluments" for regular Employees include basic Pay in the pay Band plus Grade Pay, Dearness Pay, Personal Pay, Special Pay (Allowance), S.B. Allowance, Deputation (Duty ) Allowance, Dearness Allowance and Training Allowance given to Faculty Members in Training Institutes. In case of drawl of salary exceeding Rs.3500/- (Rs. Three Thousand Five hundred only) in any month during the accounting year 2009-10 the Emoluments shall be restricted to Rs.3500/- (Rs. Three Thousand Five hundred only) per month only.
2.3 " Average Emoluments" for regular Employees is arrived at by dividing by twelve ,the total salary drawn during the year 2010-11 for the period from 1.4.2010 to 31.3.2011, by restricting each month's salary to Rs.3500/- (Rs. Three Thousand Five hundred only) per month. However, for the periods of EOL and dies-non in a given month ,proportionate deduction is required to be made from the ceiling limit of Rs.3500/- (Rs. Three Thousand Five hundred only)
2.4 In case of those regular employees who were under suspension, or on whom dies-non was imposed ,or both, during the accounting year, the clarificatory order issued vide Paras 1 & 3 respectively of this office order No. 26-8/80-PAP (Pt-I) dated 11.6.81 and No. 26-4/87-PAP (Pt.II) dated 8.2.88 will apply.
2.5 Those employees who resigned, retired, left service or proceeded on deputation within the Department of Posts or those who have proceeded on deputation outside the Department of Posts on or after 1.4.2010 will also be entitled to Bonus. In case of all such employees, the Bonus admissible will be as per provisions of Para 2.1 to 2.3 above.
3. GRAMIN DAK SEVAKS (GDS)
3.1 In respect of Gramin Dak Sevaks who were on duty through out the year during 2010-2011, Average monthly Time Related Continuity Allowance will be calculated taking into account the Time Related Continuity Allowance (TRCA) plus corresponding Dearness Allowance drawn by them for the period from 1.4.2010 to 31.3.2011 divided by 12 (Twelve). However, where the Time Related Continuity Allowance exceeds Rs 2500/- (Rs.Two Thousand Five hundred only) in any month during this period., the allowances will be restricted to Rs 2500/- (Rs.Two Thousand Five hundred only) per month. Ex-gratia payment of Bonus may be calculated by applying the Bonus formula as mentioned below:-
Average TRCA X Number of days of Bonus
30.4 (Average no. of days in a month)
3.2 The allowances drawn by a substitute will not be counted towards Bonus calculation for either the substitute or the incumbent Gramin Dak Sevaks. In respect of those Gramin Dak Sevaks who were appointed in short term vacancies in Postman/Group `D` Cadre, the clarificatory orders issued vide Directorate letter No. 26-6/89-PAP dated 6.2.1990 and No. 26-7/90-PAP dated 4.7.91 will apply.
3.3 If a Gramin Dak Sevak has been on duty for a part or the year by way of a fresh appointment, or for having been put off duty, or for having left service,he will be paid proportionate ex-gratia Bonus calculated by applying the procedure prescribed in Para 3.1
3.4 Those Gramin Dak Sevaks who have resigned, discharged or left service on or after 1.4.2010 will also be entitled to proportionate ex-gratia Bonus. In case of all such Gramin Dak Sevaks, the Ex-gratia Bonus admissible will be as per provisions of Para 3.1 above.
3.5 In case of those Gramin Dak Sevaks who were under put off duty or on whom dies non was imposed, or both during the accounting year ,the clarificatory orders issued vide Para 1 & 3 respectively of this office order No. 26-8/80-PAP (Pt I) dated 11.6.81 and No. 26-4/87-PAP (Pt II) will apply.
4. FULL TIME CASUAL LABOURERS INCLUDING TEMPORARY STATUS CASUAL LABOURERS)
4.1 Full Time Casual Labourers (including Temporary Status Casual Labourers ) who worked for 8 hours a day, for at least 240 days in a year for three consecutive years or more (206 days in each year for three years or more in case of offices observing 5 days a week) as on 31.3.2011 will be paid ad-hoc Bonus on notional monthly wages of Rs.1200/- (Rupees Twelve Hundred only)
The maximum ad-0hoc Bonus will be calculated as below:-
(Notional monthly wages of Rs.1200) X (Number of days of Bonus)
30.4 (average no. of days in a month)
Accordingly , the rate of Bonus per day will work out as indicated below:_
Maximum ad-hoc Bonus for the year
365
The above rate of Bonus per day may be applied to the number of days for which the services of such casual labourers had been utilized during the period from 1.4.2010 to 31.3.2011. In case where the actual wages in any month fall below during the period 1.4.2010 to 31.3.2011 the actual monthly wages drawn should be taken into account to arrive at the actual ad-hoc Bonus due in such cases.
5. The amount of Bonus /Ex gratia payment /Adhoc Bonus payable under this order will be rounded to the nearest rupee. The payment of Productivity Linked Bonus as well as the ex-gratia payment and ad-hoc payment will be chargeable to the Head `Salaries` under the relevant Sub –Head of account to which the pay and allowances of the staff are debited. The payment will be met from the sanctioned grant for the year 2011-2012.
6. After payment, the total expenditure incurred and the number of employees paid may be ascertained from all units by Circle and consolidated figures be intimated to the Budget Section of the Department of Posts. The Budget Section will furnish consolidated information to PAP Section about the total amount of Bonus paid and the total number of employees (category-wise) to whom it was distributed for the Department as a whole.
7. This issue with the concurrence of Integrated Finance Wing vide their diary No. 104/FA/10/CS dated 23-9-2011.
8. Receipt of this letter may be acknowledged
Government of India
Ministry of Communications & IT
Department of Posts
(Establishment Division)
Dak Bhawan,Sansad Marg,
New Delhi-110 001
Dated 23rd September, 2011
All Chief Postmasters General,
Postmasters General
All General Managers (Finance)
Director/Deputy Directors of Accounts (Postal)
Subject:- Productivity Linked Bonus for the Accounting year 2010-2011
Sir/Madam,
I am directed to convey the approval of the President of India for payment of Productivity Linked Bonus for the accounting year 2010-2011 equivalent of emoluments of 60 (Sixty) days to the employees of Department of Posts in Group `D`,Group `C` and non Gazetted Group `B`. Ex-gratia payment of Bonus to Gramin Dak Sevaks who are regularly appointed after observing all appointment formalities and adhoc payment of Bonus to Casual labourers who have been conferred Temporary Status are also to be paid equivalent to allowance/wages respectively for 60 (sixty) Days for the same period.
1.1 The calculation for the purpose of payment of Bonus under each category will be done as indicated below.
2. REGULAR EMPLOYEES:
2.1 Bonus will be calculated on the basis of the following formula:-
Average emoluments X Number of days of Bonus
30.4 (Average no. of days in a month)
2.2 The term "Emoluments" for regular Employees include basic Pay in the pay Band plus Grade Pay, Dearness Pay, Personal Pay, Special Pay (Allowance), S.B. Allowance, Deputation (Duty ) Allowance, Dearness Allowance and Training Allowance given to Faculty Members in Training Institutes. In case of drawl of salary exceeding Rs.3500/- (Rs. Three Thousand Five hundred only) in any month during the accounting year 2009-10 the Emoluments shall be restricted to Rs.3500/- (Rs. Three Thousand Five hundred only) per month only.
2.3 " Average Emoluments" for regular Employees is arrived at by dividing by twelve ,the total salary drawn during the year 2010-11 for the period from 1.4.2010 to 31.3.2011, by restricting each month's salary to Rs.3500/- (Rs. Three Thousand Five hundred only) per month. However, for the periods of EOL and dies-non in a given month ,proportionate deduction is required to be made from the ceiling limit of Rs.3500/- (Rs. Three Thousand Five hundred only)
2.4 In case of those regular employees who were under suspension, or on whom dies-non was imposed ,or both, during the accounting year, the clarificatory order issued vide Paras 1 & 3 respectively of this office order No. 26-8/80-PAP (Pt-I) dated 11.6.81 and No. 26-4/87-PAP (Pt.II) dated 8.2.88 will apply.
2.5 Those employees who resigned, retired, left service or proceeded on deputation within the Department of Posts or those who have proceeded on deputation outside the Department of Posts on or after 1.4.2010 will also be entitled to Bonus. In case of all such employees, the Bonus admissible will be as per provisions of Para 2.1 to 2.3 above.
3. GRAMIN DAK SEVAKS (GDS)
3.1 In respect of Gramin Dak Sevaks who were on duty through out the year during 2010-2011, Average monthly Time Related Continuity Allowance will be calculated taking into account the Time Related Continuity Allowance (TRCA) plus corresponding Dearness Allowance drawn by them for the period from 1.4.2010 to 31.3.2011 divided by 12 (Twelve). However, where the Time Related Continuity Allowance exceeds Rs 2500/- (Rs.Two Thousand Five hundred only) in any month during this period., the allowances will be restricted to Rs 2500/- (Rs.Two Thousand Five hundred only) per month. Ex-gratia payment of Bonus may be calculated by applying the Bonus formula as mentioned below:-
Average TRCA X Number of days of Bonus
30.4 (Average no. of days in a month)
3.2 The allowances drawn by a substitute will not be counted towards Bonus calculation for either the substitute or the incumbent Gramin Dak Sevaks. In respect of those Gramin Dak Sevaks who were appointed in short term vacancies in Postman/Group `D` Cadre, the clarificatory orders issued vide Directorate letter No. 26-6/89-PAP dated 6.2.1990 and No. 26-7/90-PAP dated 4.7.91 will apply.
3.3 If a Gramin Dak Sevak has been on duty for a part or the year by way of a fresh appointment, or for having been put off duty, or for having left service,he will be paid proportionate ex-gratia Bonus calculated by applying the procedure prescribed in Para 3.1
3.4 Those Gramin Dak Sevaks who have resigned, discharged or left service on or after 1.4.2010 will also be entitled to proportionate ex-gratia Bonus. In case of all such Gramin Dak Sevaks, the Ex-gratia Bonus admissible will be as per provisions of Para 3.1 above.
3.5 In case of those Gramin Dak Sevaks who were under put off duty or on whom dies non was imposed, or both during the accounting year ,the clarificatory orders issued vide Para 1 & 3 respectively of this office order No. 26-8/80-PAP (Pt I) dated 11.6.81 and No. 26-4/87-PAP (Pt II) will apply.
4. FULL TIME CASUAL LABOURERS INCLUDING TEMPORARY STATUS CASUAL LABOURERS)
4.1 Full Time Casual Labourers (including Temporary Status Casual Labourers ) who worked for 8 hours a day, for at least 240 days in a year for three consecutive years or more (206 days in each year for three years or more in case of offices observing 5 days a week) as on 31.3.2011 will be paid ad-hoc Bonus on notional monthly wages of Rs.1200/- (Rupees Twelve Hundred only)
The maximum ad-0hoc Bonus will be calculated as below:-
(Notional monthly wages of Rs.1200) X (Number of days of Bonus)
30.4 (average no. of days in a month)
Accordingly , the rate of Bonus per day will work out as indicated below:_
Maximum ad-hoc Bonus for the year
365
The above rate of Bonus per day may be applied to the number of days for which the services of such casual labourers had been utilized during the period from 1.4.2010 to 31.3.2011. In case where the actual wages in any month fall below during the period 1.4.2010 to 31.3.2011 the actual monthly wages drawn should be taken into account to arrive at the actual ad-hoc Bonus due in such cases.
5. The amount of Bonus /Ex gratia payment /Adhoc Bonus payable under this order will be rounded to the nearest rupee. The payment of Productivity Linked Bonus as well as the ex-gratia payment and ad-hoc payment will be chargeable to the Head `Salaries` under the relevant Sub –Head of account to which the pay and allowances of the staff are debited. The payment will be met from the sanctioned grant for the year 2011-2012.
6. After payment, the total expenditure incurred and the number of employees paid may be ascertained from all units by Circle and consolidated figures be intimated to the Budget Section of the Department of Posts. The Budget Section will furnish consolidated information to PAP Section about the total amount of Bonus paid and the total number of employees (category-wise) to whom it was distributed for the Department as a whole.
7. This issue with the concurrence of Integrated Finance Wing vide their diary No. 104/FA/10/CS dated 23-9-2011.
8. Receipt of this letter may be acknowledged
Tuesday, September 20, 2011
Encashment of E.L along with L.T.C - CCS (Leave) (Third Amendment) Rules, 2011
Government of India
Ministry of Personnel. Public Grievances and Pensions
Department of Personnel and Training
Notification
New Delhi, the 26th August. 2011.
G.S.R - In exercise of the powers conferred by the proviso to article 309 read with clause (5) of article 148 of the Constitution and after consultation with the Comptroller and Auditor General of India in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the Central Civil Services (Leave) Rules, 1972. namely :-
1. (i) These rules may be called the Central Civil Services (Leave) (Third Amendment) Rules. 2011
(2) They shall come into force on the date of their publication in the official Gazette.
2. For rule 38- of the Central Civil Services (l.eave) Rules, 1972. the following rule shall be substituted, namely:—
"38-A. Encashment of Earned Leave along with Leave Travel Concession while in service. -
(1) A Government servant may be permitted to encash earned leave up to ten days at the time of availing of Leave Travel Concession while in service, subject to the conditions that-
(a) a balance of atleast thirty days of earned leave is available to his credit after taking into account the period of encashment as well as leave being availed of:
(b) the total leave so encashed during the entire career does not exceed sixty days in the aggregate;
(2) The cash equivalent for encashment of leave under sub-rule (1) shall be calculated as follows namely :-
Cash equivalent
= Pay admissible on the date of availing of availing of the Leave Travel Concession plus Dearness Allowance admissible on that date
------------------------------------------------------------------------- X
30 Number of days of earned leave being encashed subject to the maximum of ten days at one time.
(3) No House Rent Allowance shall be included in the cash equivalent calculated under sub-rule (2);
(4) The period of earned leave encashed shall not be deducated from the quantum of leave that can normally be encashed by the Government Servant under rules 6, 39,39-A,39-B,39-Cand 39-D:
(5) If the Government Servant fails to avail the Leave Travel Concession within the time prescribed under the Central Civil Services (Leave Travel Concession) Rules. 1988, then he shall be required to refund the entire amount of leave so encashed along with interest at the rate of two percent above the rate of interest allowed by the Government as applicable to Provident Fund balances and shall also be entitled for credit bank of leave so debited for leave encashment."
sd/
(Mamta Kundra)
Join Secretary to the Government of India
Ministry of Personnel. Public Grievances and Pensions
Department of Personnel and Training
Notification
New Delhi, the 26th August. 2011.
G.S.R - In exercise of the powers conferred by the proviso to article 309 read with clause (5) of article 148 of the Constitution and after consultation with the Comptroller and Auditor General of India in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the Central Civil Services (Leave) Rules, 1972. namely :-
1. (i) These rules may be called the Central Civil Services (Leave) (Third Amendment) Rules. 2011
(2) They shall come into force on the date of their publication in the official Gazette.
2. For rule 38- of the Central Civil Services (l.eave) Rules, 1972. the following rule shall be substituted, namely:—
"38-A. Encashment of Earned Leave along with Leave Travel Concession while in service. -
(1) A Government servant may be permitted to encash earned leave up to ten days at the time of availing of Leave Travel Concession while in service, subject to the conditions that-
(a) a balance of atleast thirty days of earned leave is available to his credit after taking into account the period of encashment as well as leave being availed of:
(b) the total leave so encashed during the entire career does not exceed sixty days in the aggregate;
(2) The cash equivalent for encashment of leave under sub-rule (1) shall be calculated as follows namely :-
Cash equivalent
= Pay admissible on the date of availing of availing of the Leave Travel Concession plus Dearness Allowance admissible on that date
------------------------------------------------------------------------- X
30 Number of days of earned leave being encashed subject to the maximum of ten days at one time.
(3) No House Rent Allowance shall be included in the cash equivalent calculated under sub-rule (2);
(4) The period of earned leave encashed shall not be deducated from the quantum of leave that can normally be encashed by the Government Servant under rules 6, 39,39-A,39-B,39-Cand 39-D:
(5) If the Government Servant fails to avail the Leave Travel Concession within the time prescribed under the Central Civil Services (Leave Travel Concession) Rules. 1988, then he shall be required to refund the entire amount of leave so encashed along with interest at the rate of two percent above the rate of interest allowed by the Government as applicable to Provident Fund balances and shall also be entitled for credit bank of leave so debited for leave encashment."
sd/
(Mamta Kundra)
Join Secretary to the Government of India
Monday, September 19, 2011
Inspector of Posts Departmental Examination – Eligibility of officials qualified in Departmental Postmaster Grade – I Exam
by Department of Post (DOP), Govt of India on Tuesday, August 30, 2011 at 11:07am.No. 4 – 29 / 2011 – SPB.II
Government of India
Ministry of Communication & I T
Department of Posts
Dak Bhawan, Sansad Marg
New Delhi, Dated 24th August, 2011
To
The Chief Postmaster General
Uttar Pradesh Circle
Lucknow – 226 001
Subject: Inspector of Posts Departmental Examination – Eligibility of officials qualified in Departmental Postmaster Grade – I Examination – Reg.
Sir,
I am directed to refer to Circle Office letter No. Rectt / M – 20 / IPOs Exam.-2011 / 3, dated 11.08.2011 on the above subject and to say that candidates who qualified the Departmental Postmaster Grade – I Examination and the officials who are undergoing training for Postmaster Grade – I may be permitted to appear in the Limited Departmental Competitive Examination for promotion to the cadre of Inspector of Posts ( IPO ) to be held on 3-4 September, 2011 , if these officials are not yet appointed as Postmaster Grade – I.
Yours faithfully,
Sd/-
( D K Chanda )
Section Officer ( SPB.II )
Copy to all Heads of Postal Circles / Postmasters General
.
Government of India
Ministry of Communication & I T
Department of Posts
Dak Bhawan, Sansad Marg
New Delhi, Dated 24th August, 2011
To
The Chief Postmaster General
Uttar Pradesh Circle
Lucknow – 226 001
Subject: Inspector of Posts Departmental Examination – Eligibility of officials qualified in Departmental Postmaster Grade – I Examination – Reg.
Sir,
I am directed to refer to Circle Office letter No. Rectt / M – 20 / IPOs Exam.-2011 / 3, dated 11.08.2011 on the above subject and to say that candidates who qualified the Departmental Postmaster Grade – I Examination and the officials who are undergoing training for Postmaster Grade – I may be permitted to appear in the Limited Departmental Competitive Examination for promotion to the cadre of Inspector of Posts ( IPO ) to be held on 3-4 September, 2011 , if these officials are not yet appointed as Postmaster Grade – I.
Yours faithfully,
Sd/-
( D K Chanda )
Section Officer ( SPB.II )
Copy to all Heads of Postal Circles / Postmasters General
.
Wednesday, September 14, 2011
Govt officials may be allowed to use Facebook
Ahmedabad, September 9
The government is planning to put in place a framework for officials that would allow them to leverage the power of the social media, a top official of the Department of Information and Technology (DIT) said here today.
“We are creating a framework that would help Central departments and officials to use social media like Facebook, Twitter effectively,” said Additional Secretary DIT, Shankar Aggarwal.
“We expect to give a final shape to it (framework) over the next two or three months and notify it,” he said.
“The idea is that they can enter into a dialogue with the public more freely, take suggestions, feedbacks and provide updates. It shall be more of a two-way rather than a one-way communication,” Aggarwal stated.
“Social media is being used extensively by civil society, but unfortunately, we do not have any framework for the Central government and state government,” he said.
“The government officials are scared of using the social media because they are not sure whether they are allowed to use it or not,” he added.
Meanwhile, the government is planning to introduce the Right to Public Services Act soon that would make it mandatory for the government entities to deliver public services in an electronic form too.
“We have already created a framework and for this (Act) and the framework is to be converted into a law. We think we will be able to introduce it in the next session of the Parliament and this will become a law,” he said.
“Under this, we shall be trying to ask the government entities to deliver all the public services in an electronic form also. It has to be achieved over the next five years,” he informed.
Aggarwal said they had been planning to develop a payment gateway for the entire country so that the people could pay electronically for various services. — PTI
Source: CGE News & Tribune India
The government is planning to put in place a framework for officials that would allow them to leverage the power of the social media, a top official of the Department of Information and Technology (DIT) said here today.
“We are creating a framework that would help Central departments and officials to use social media like Facebook, Twitter effectively,” said Additional Secretary DIT, Shankar Aggarwal.
“We expect to give a final shape to it (framework) over the next two or three months and notify it,” he said.
“The idea is that they can enter into a dialogue with the public more freely, take suggestions, feedbacks and provide updates. It shall be more of a two-way rather than a one-way communication,” Aggarwal stated.
“Social media is being used extensively by civil society, but unfortunately, we do not have any framework for the Central government and state government,” he said.
“The government officials are scared of using the social media because they are not sure whether they are allowed to use it or not,” he added.
Meanwhile, the government is planning to introduce the Right to Public Services Act soon that would make it mandatory for the government entities to deliver public services in an electronic form too.
“We have already created a framework and for this (Act) and the framework is to be converted into a law. We think we will be able to introduce it in the next session of the Parliament and this will become a law,” he said.
“Under this, we shall be trying to ask the government entities to deliver all the public services in an electronic form also. It has to be achieved over the next five years,” he informed.
Aggarwal said they had been planning to develop a payment gateway for the entire country so that the people could pay electronically for various services. — PTI
Source: CGE News & Tribune India
Vehicle Registration and Driving licence to be Centralised
Vehicle Registration and Issue of Driving licenses will be Centralized soon as Highways Ministry and National Informatics Centre have launched a Centralized database for these two regulations.
Once this Centralized Computerization project is operational driving licenses will be issued in the name of Union of India using the terminals linked to the central database. This procedure will eliminate duplication work as reported by NIC.
Also, details of the automobile will only be a click of a mouse away. Officials said a gazette notification will be issued within a month to make it mandatory that all new licenses would be issued as Indian Union Driving Licence.
It is told that this Centralization process will not take away the powers of State Government as far as Registration of Vehicles and issue of driving licenses are concerned.
The idea of bringing these two regulations under a single window is to prevent anyone from getting multiple licenses from different states. Once the centralized database come in to existence every RTO can access, the same and exercise his powers registration vehicles and and issue of driving licenses. In a nut shell, the new system would eliminate usage of vehicles for destabilizing national security.
In this regard the national transport portal will work as a gateway for multiple purposes for individuals and also for states and security agencies. People can apply for Driving licence, Vehicle registration certificate and for hypothecation online. As per official statement, this system will facilitate online payment of various taxes, fees and transport charges. The vehicle owners can also get SMS alerts of their payments due for insurance and renewal of insurance.
Source: The times of India
Once this Centralized Computerization project is operational driving licenses will be issued in the name of Union of India using the terminals linked to the central database. This procedure will eliminate duplication work as reported by NIC.
Also, details of the automobile will only be a click of a mouse away. Officials said a gazette notification will be issued within a month to make it mandatory that all new licenses would be issued as Indian Union Driving Licence.
It is told that this Centralization process will not take away the powers of State Government as far as Registration of Vehicles and issue of driving licenses are concerned.
The idea of bringing these two regulations under a single window is to prevent anyone from getting multiple licenses from different states. Once the centralized database come in to existence every RTO can access, the same and exercise his powers registration vehicles and and issue of driving licenses. In a nut shell, the new system would eliminate usage of vehicles for destabilizing national security.
In this regard the national transport portal will work as a gateway for multiple purposes for individuals and also for states and security agencies. People can apply for Driving licence, Vehicle registration certificate and for hypothecation online. As per official statement, this system will facilitate online payment of various taxes, fees and transport charges. The vehicle owners can also get SMS alerts of their payments due for insurance and renewal of insurance.
Source: The times of India
Inspector Posts & LGO Examinations - Revised dates announced
Directorate vide letter no A-34012/04/2011-DE dated 07.09.2011 has announced the following revised dates for conducting Inspector Posts and LGO Examinations.
1.Inspector Posts Examination - 15 & 16-10-2011
2. LGO Examination ----------- 15-10-2011
1.Inspector Posts Examination - 15 & 16-10-2011
2. LGO Examination ----------- 15-10-2011
CRIMINAL COMPLAINT CAN'T HOLD UP PENSION BENEFITS
Mere registration of an FIR or filing of a charge sheet under the Prevention of Corruption Act is not enough to withhold the release of pension benefits due to a government servant. The Central Administrative Tribunal (CAT) has ruled that final pension, gratuity, leave encashment or other such benefits due to a government servant on retirement cannot be held back in the event of a criminal complaint against him/her.
The ruling came from a bench of CAT chairman VK Bali and member Ramesh Chandra Panda, which ordered the ministry of finance and the Central Board of Direct Taxes to restore forthwith the full pension of VB Bansal, Assistant Commissioner of Income Tax, and make payment of all arrears due within six weeks. Invoking rule 69 of the Central Civil Service (Pension) Rules 1972, the government had withheld Bansal's final pension, gratuity, leave encashment and some other post-retirement benefits on the ground that a case of disproportionate assets registered against him by the Central Bureau of Investigation on February 2005 was still pending.
Bansal had contended that after investigation, the CBI sent a report to the court for cancellation of the FIR in 2007, and he could not be made to suffer if the court had not taken any decision even after four years. The government argued that if no decision had been taken by the Magistrate concerned, on the cancellation report sent by CBI, it shall be deemed that judicial proceedings were pending.
But the CAT rejected the government's arguments, saying: "It is only after the Magistrate may not accept the cancellation report and may order further investigation in the matter, and on such investigation, the Central Bureau of Investigation (CBI) collects sufficient evidence, which may sustain conviction and the Magistrate may take cognisance, that judicial proceedings can be said to be pending against the applicant (Bansal)."While ordering payment of full pension and post-retirement benefits to Bansal, the bench did not agree to payment of interest on the amount due."However, if the arrears as mentioned above and the withheld post-retiral dues are not released to the applicant within the time mentioned above, the applicant will be entitled to interest thereon at the rate of 9% per annum from that date till the date of actual payment," it added.
The ruling came from a bench of CAT chairman VK Bali and member Ramesh Chandra Panda, which ordered the ministry of finance and the Central Board of Direct Taxes to restore forthwith the full pension of VB Bansal, Assistant Commissioner of Income Tax, and make payment of all arrears due within six weeks. Invoking rule 69 of the Central Civil Service (Pension) Rules 1972, the government had withheld Bansal's final pension, gratuity, leave encashment and some other post-retirement benefits on the ground that a case of disproportionate assets registered against him by the Central Bureau of Investigation on February 2005 was still pending.
Bansal had contended that after investigation, the CBI sent a report to the court for cancellation of the FIR in 2007, and he could not be made to suffer if the court had not taken any decision even after four years. The government argued that if no decision had been taken by the Magistrate concerned, on the cancellation report sent by CBI, it shall be deemed that judicial proceedings were pending.
But the CAT rejected the government's arguments, saying: "It is only after the Magistrate may not accept the cancellation report and may order further investigation in the matter, and on such investigation, the Central Bureau of Investigation (CBI) collects sufficient evidence, which may sustain conviction and the Magistrate may take cognisance, that judicial proceedings can be said to be pending against the applicant (Bansal)."While ordering payment of full pension and post-retirement benefits to Bansal, the bench did not agree to payment of interest on the amount due."However, if the arrears as mentioned above and the withheld post-retiral dues are not released to the applicant within the time mentioned above, the applicant will be entitled to interest thereon at the rate of 9% per annum from that date till the date of actual payment," it added.
Admissibility of commission to SAS Agents- Clarification
SB ORDER NO. 18/2011
No.116-01/2011-SB(AO)
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 13.09.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject:- Procedure to be followed during voucher checking by SBCO staff-a clarification regarding.
Sir / Madam,
The undersigned is directed to say that procedure of checking of vouchers of deposits / new accounts opened / withdrawals /closures of accounts etc. under various schemes have been laid down in the Postal Manual of Savings Bank Control, Pairing and Internal Check Organization. The work of SBCO is to ensure that all relevant Rules / procedure and orders issued from time to time are followed by the operative staff in the post offices.
2. It has been brought to the notice of this office that some of the officials working in the SBCO are of the view that Rule and Procedures laid down in various POSB Manuals are not meant for SBCO. It is clarified that though it is duty of the operative staff in post offices to follow the laid down rules and procedures in various POSB Manuals and SB Orders issued from time to time, SBCO staff is also equally responsible to ensure that operative staff is following the rules/procedure and orders issued from time to time scrupulously and in case of any violation found during voucher checking, an objection has to be raised as per laid down procedure in the Manual of SB Control, Pairing and Internal Check Organization.
3. It is requested that necessary action may be taken immediately to circulate this clarification to the field units particularly SBCO staff.
4. This issues with the approval of DDG(FS).
Yours faithfully,
(Kawal Jit Singh)
ADMISSIBILITY OF COMMISSION TO SAS AGENTS.
SB ORDER NO. 17/2011
No.116-01/2007-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 09.09.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject: - Admissibility of commission to SAS Agents.
Sir / Madam,
The undersigned is directed to say that there are lot of audit paras raised by teams of DG P&T Audit in many circles regarding irregular commission paid to SAS agents where the investment was made exceeding the limit of Rs.50,000/- by cash at a time. One Draft Audit Para relating to Delhi and NE Circles has become CAG Para.
2. As per agency rules, prior to issue of SB Order No.3/2011 dated 11.3.2011, limit for acceptance of cash at a time from SAS agents was Rs.50,000/- which has now been reduced to Rs.10,000/-. In 2004, Regional Director, National Savings Institute, New Delhi vide letter no. Misc/2004 dated 3.11.2001 had intimated the Delhi Circle that agents are not entitled for commission on cash deposits of more than Rs., 50,000/- at a time. CAG Para was also referred to Min. of Finance (DEA) which opined that commission if paid in such cases is irregular and recovery of commission paid cannot be waived.
3. It is therefore requested that where any SAS agent deposited cash more than Rs.50,000/- at a time in any post office and commission was paid to him, the commission paid has to be recovered from the concerned agent if his agency is active and action should be taken against the officials responsible for accepting cash deposits exceeding the prescribed limit. Where the agent is inactive but his agency is not lapsed, his appointing authority may be asked to recover the amount from his security deposit. In case the agency of agent is expired and not further renewed or agent has already expired, such cases may be referred to this office.
4. In future, it may be ensured that no cash more than the prescribed limit of Rs.10,000/- at a time should be accepted from the SAS agents as no commission is payable on such irregular deposits.
5. It is requested that necessary action may be taken immediately to circulate this letter to field units and any violation of these orders by postal staff should be viewed seriously.
6. This issues with the approval of DDG(FS).
Yours faithfully,
(Kawal Jit Singh)
No.116-01/2011-SB(AO)
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 13.09.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject:- Procedure to be followed during voucher checking by SBCO staff-a clarification regarding.
Sir / Madam,
The undersigned is directed to say that procedure of checking of vouchers of deposits / new accounts opened / withdrawals /closures of accounts etc. under various schemes have been laid down in the Postal Manual of Savings Bank Control, Pairing and Internal Check Organization. The work of SBCO is to ensure that all relevant Rules / procedure and orders issued from time to time are followed by the operative staff in the post offices.
2. It has been brought to the notice of this office that some of the officials working in the SBCO are of the view that Rule and Procedures laid down in various POSB Manuals are not meant for SBCO. It is clarified that though it is duty of the operative staff in post offices to follow the laid down rules and procedures in various POSB Manuals and SB Orders issued from time to time, SBCO staff is also equally responsible to ensure that operative staff is following the rules/procedure and orders issued from time to time scrupulously and in case of any violation found during voucher checking, an objection has to be raised as per laid down procedure in the Manual of SB Control, Pairing and Internal Check Organization.
3. It is requested that necessary action may be taken immediately to circulate this clarification to the field units particularly SBCO staff.
4. This issues with the approval of DDG(FS).
Yours faithfully,
(Kawal Jit Singh)
ADMISSIBILITY OF COMMISSION TO SAS AGENTS.
SB ORDER NO. 17/2011
No.116-01/2007-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 09.09.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject: - Admissibility of commission to SAS Agents.
Sir / Madam,
The undersigned is directed to say that there are lot of audit paras raised by teams of DG P&T Audit in many circles regarding irregular commission paid to SAS agents where the investment was made exceeding the limit of Rs.50,000/- by cash at a time. One Draft Audit Para relating to Delhi and NE Circles has become CAG Para.
2. As per agency rules, prior to issue of SB Order No.3/2011 dated 11.3.2011, limit for acceptance of cash at a time from SAS agents was Rs.50,000/- which has now been reduced to Rs.10,000/-. In 2004, Regional Director, National Savings Institute, New Delhi vide letter no. Misc/2004 dated 3.11.2001 had intimated the Delhi Circle that agents are not entitled for commission on cash deposits of more than Rs., 50,000/- at a time. CAG Para was also referred to Min. of Finance (DEA) which opined that commission if paid in such cases is irregular and recovery of commission paid cannot be waived.
3. It is therefore requested that where any SAS agent deposited cash more than Rs.50,000/- at a time in any post office and commission was paid to him, the commission paid has to be recovered from the concerned agent if his agency is active and action should be taken against the officials responsible for accepting cash deposits exceeding the prescribed limit. Where the agent is inactive but his agency is not lapsed, his appointing authority may be asked to recover the amount from his security deposit. In case the agency of agent is expired and not further renewed or agent has already expired, such cases may be referred to this office.
4. In future, it may be ensured that no cash more than the prescribed limit of Rs.10,000/- at a time should be accepted from the SAS agents as no commission is payable on such irregular deposits.
5. It is requested that necessary action may be taken immediately to circulate this letter to field units and any violation of these orders by postal staff should be viewed seriously.
6. This issues with the approval of DDG(FS).
Yours faithfully,
(Kawal Jit Singh)
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