An Organisation for the welfare of postal employees

Friday, March 31, 2017

Review of' Transfer Policy' circulated by Directorate vide letter No.141/2013- SPB - II dated 31.1.2014 - invitation of suggestions /comments



DA from January 2017 for Central Government Employees – Orders issued by Finance Ministry

No.1/3/2017-E-II(B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated the 30th March, 2017
Office Memorandum
Subject: Grant of Dearness Allowance to Central Government employees –

 Revised Rates effective from 1/1/2017The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/2/2016-E-II(B) dated 4th November, 2016 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 2% to 4% of the basic pay with effect from 1st January, 2017.

2. The term ‘basic pay’ in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, etc.

3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR 9(21).

4.The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.

5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of March, 2017.

6. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

7.In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.
sd/-

(Nirmala Dev)
Deputy Secretary to the Government of India


Distribution of Group C Posts After Cadre Restructuring in All over India


Thursday, March 30, 2017

Instructions for executing End of Year (EOY) in CBS post offices/CPCs

From: Director (CBS)

Sent: 28 March 2017 17:05

To: All CPMG; CPMG Telangana Circle

Cc: All PMG; All DPS; All Postal Divisions; CPC Bangalore; Giriraj Ponnambalam; Gopinath S; 
vimal.kumar@nisg.org; Vinay Gupta; ADG (CBS); Member (Banking & HRD); pande.alok@nic.in

Subject: Instructions for executing End of Year (EOY) in CBS post offices/CPCs
  
Respected Sir/Madam, 

The competent authority has taken following decisions for executing End of Year (EOY) activities for 2016-17 in CBS Post Offices/CPCs:-

1. On 1.4.2017, no CBS Post Office will do any transaction but staff working on CBS will attend post office and follow instructions (as and when ) issued by CEPT Team Chennai. 

(A public notice should be put on the notice board of all CBS Post Offices that due to End of Year, no transaction will be accepted on 01.04.2017 and Monthly/Quarterly Interest of MIS/SCSS if due on 1st April 2017 will be paid on03.04.2017. ATMs will be operational  on 01/04/2017). Salary & Pension uploads should be done after completion of EOD for 1st April 2017. 

2.CBS Post Offices should ensure that no unverified account or modification in accounts of SB/PPF/SSA/NSS-87/NSS-92 remains unverified as interest is not calculated for any account if any modification is unverified, as on 31/03/2017. Concerned staff should be alerted so that such lapses may be avoided.

3.   All CBS Post Offices, on 31.3.2017, should do transactions latest up to  1700 hours and verify all the transactions simultaneously so that there may be no Blocking Transactions at 1700 hours. All CBS Post Offices should complete HISCOD latest by 1800 hours, except those SOLs which await clearing information from the respective HOs. CPCs should monitor this activity and any blocking validation should be reported to FSI Helpdesk and CEPT Team, immediately on noticing so that solution can be provided well in time. 

4. CBS Head Post Office dealing with clearing house, should intimate cheque clearing intimation of the cheques cleared on 31.03.2017 to other linked CBS HOs and SOs  well in time on 31.03.2017 either over mail or phone so that credit/debit can be afforded well in time.  Late clearance activity and corresponding credits/debits should be handled by the clearing house POs without any delay. (Please note that in case of PPF Accounts maturing on 31.03.2017, cheque cleared before 31.03.2017 will not be allowed to be credited after 31.03.2017)

5. CEPT FSI Team will be disabling certain menus according to the requirements during EOY Batch execution to control resource utilisation; CPCs will be kept informed from time-to-time on this and should coordinate with their SOLs on this exercise.

5. Reports regarding Interest credited in SB/SSA/PPF/NSS-87 and NSS-92 accounts of a CBS post office, Silent Account maintenance Fee charged and Total number of accounts marked as silent (total amount and accounts  for a Post Office and not account-wise) will be intimated through CPCs by the end of first week of April 2017.

6.  All the concerned teams who are part of the EOY activity (CPC SPOCs, EOD Support Team, CEPT Team) should be available on 2nd April, 2017 and ensure that EOY activity are completed smoothly. 

Instructions for CPCs

1. CPCs should call post offices under their jurisdiction on 31.03.2017, help in clearing blocking validations and ensure smooth completion of HISCOD.
2.  HSCOD will be executed by CEPT team centrally; CPC teams should be available till HSCOD is completed for all their respective SOLs. 

3. All CPCs will remain open during the night of 31.03.2017 and duties of staff should be notified in shifts.

Circles/Regions/Divisions should ensure that these instructions are followed scrupulously  by all CBS Post Offices and CPCs.

With regards,


Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan



Details of NPS contributions held in the account maintained as NPS Collection Account



Directorate Letter No. 20-45/2016-SPB-II dated 18th Feb 2017 regarding clarification on Benchmark for Promotion



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 A.

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

Minister furnishes Financial Implication of 7th Pay Commission

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAJYA SABHA
UNSTARRED QUESTION NO.2704
ANSWERED ON 24.03.2017


IMPLICATIONS OF IMPLEMENTATION OF SEVENTH PAY COMMISSION

2704.SHRI MOHD. ALI KHAN:Will the Minister of RAILWAYS be pleased to state:
(a) whether it is a fact that implementation of the Seventh Pay Commission recommendations has serious financial implications on Indian Railways, if so, the estimated additional financial implication over staff and pensioners; and
(b) whether Railways are planning to take up rationalisation of manpower in view of the financial implications, if so, the details thereof?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF RAILWAYS
(SHRI RAJEN GOHAIN)
(a) The estimated additional financial impact of 7th Pay Commission on Railways is around Rs.15,000 crore (Rs 8,000 crore for staff and  Rs. 7,000 crore for pensions). The Railways would be able to absorb the 7th CPC impact in 2016-17 within its resources.
(b) Manpower Planning is a continuous process and involves review of staff through work-studies, change in nature of work etc. No separate rationalization is proposed consequent upon the 7th Pay Commission.



Tuesday, March 28, 2017

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



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.

Source:-The Economic Times


DO Letter on IPPB & Role and Responsibilities of DoP under MoU



7th Pay Commission: Lavasa panel might give report to FM today

In late June last year, after implementing the CPC proposals on salary and pension, Jaitley had announced the Lavasa panel would examine the suggestions on allowances. It had time till October but the report got delayed -- the CPC wanted a number of the allowances to be abolished or subsumed, while employee unions were opposed.

Some of the allowances the CPC had suggested be done away or subsumed were an acting allowance, assisting cashier allowance, cycle allowance, condiment allowance, entertainment allowances for the cabinet secretary, flying squad allowance, haircutting allowance, rajbhasha allowance, rajdhani allowance, robe allowance, secret allowance, shoe allowance, shorthand allowance, soap toilet allowance, spectacle allowance, Sunderban allowance, uniform allowance, vigilance allowance and washing allowance.

Of 196 allowances, the CPC report had recommended abolition of 52 and subsuming of another 36 into larger existing ones. A deferment on revising of allowances meant that as opposed to a burden of Rs 1.02 lakh crore as envisaged by the CPC, the government had provisioned for Rs 84,933 crore in 2016-17 for pay and pension, including Rs 12,000 crore in arrears.

There are other recommendations on allowances the panel is examining. These include a change in the present system of accounting, wherein pay and allowances are clubbed. The CPC recommended a separate object head for budgeting and accounting be used to record the expenditure.

Source:- Business standard

Monday, March 27, 2017

VERY IMPORTANT JUDGEMENT FROM HON'BLE HIGH COURT OF MADRAS - IMPLEMENTATION OF MACP

RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
RAJYA SABHA

UN STARRED QUESTION NO. 2130
TO BE ANSWERED ON MARCH 21, 2017/PHALGUNA 30, 1938 (SAKA)
RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM

2130. Shri T. G. Venkatesh
Will the Minister of FINANCE be pleased to state:

(a) whether it is a fact that the newly introduced Contributory Pension System is not beneficial to the employees and so the employees unions are requesting Government to re-introduce the old pension system in its place, if so, the details thereof; and
(b) whether any representation has been received in this regard by Government, if so, the details thereof and the stand of Government in this regard?

ANSWER

The Minister of State in the Ministry of Finance 
(Shri Santosh Kumar Gangwar)




(a) & (b) National Pension System (NPS), which is a contributory pension system, has, inter alia, the following features which benefit the employees:
  • NPS is a well designed pension system managed through an unbundled architecture involving intermediaries appointed by the Pension Fund Regulatory and Development Authority (PFRDA) viz. Pension Funds, Custodian, Central Recordkeeping and Accounting Agency, National Pension System Trust, Trustee Bank, Points of Presence and Annuity Service Providers. It is prudently regulated by PFRDA which is a statutory regulatory body established to promote old age income security and to protect the interests of subscribers of NPS.
  • Dual benefit of Low Cost and Power of Compounding– The pension wealth which accumulates over a period of time till retirement grows with a compounding effect. The all-in-costs of the institutional architecture of NPS are among the lowest in the world.
  • Tax Benefits– Tax benefits are available to the NPS subscribers under various provisions of the Income- tax Act, 1961.
  • Transparency and Portability is ensured through online access of the pension account by the NPS subscribers, across all geographical locations and portability of employments.
  • Partial withdrawal– Subscribers can withdraw up to 25% of their own contributions towards their pension account, before attaining superannuation age for certain specified purposes subject to certain conditions.
Representations have been received from certain quarters regarding the implementation of NPS which, inter alia, include the demand that NPS may be scrapped and the Government may revert to old defined benefit pension system. However, there is no proposal to replace the NPS with old pension scheme in respect of Central Government employees recruited on or after 01.01.2004.

Source: RAJYA SABHA


Instructions on Handling of ATM Issues Raised By CPC, Bangalore


Central Civil Services (Leave) Amendment Rules, 2017.


THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
(Department of Personnel and Training) 
 
NOTIFICATION  
New Delhi, the 15th March, 2017  
G.S.R. 251(E).—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 the 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.    (1) These rules may be called the Central Civil Services (Leave) Amendment        Rules, 2017.
         (2) They shall come into force on the date of their publication in the Official Gazette. 
 
   2.     In the Central Civil Services (Leave) Rules, 1972, for rule 48, the following rule   shall be substituted, namely:- 
 
"48, Special Leave connected to inquiry of sexual harassment -Leave upto a period of 90 days may begranted to an aggrieved female Government Servant on the recommendation of the Internal Committee or theLocal Committee, as the case may be, during the pendency of inquiry under the Sexual Harassment ofWomen at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the leave granted to theaggrieved female Government Servant under this rule shall not be debited against the leave account".
[F. No. 13026/2/2016-Estt. (L)]
GYANENDRA DEV TRIPATHI, Jt. Secy. 

ARMY POSTAL SERVICES (APS) -- Lok Sabha Q & A


Comparitive study on IPPB and Japan Post Bank held at Visakhapatnam on 22.3.2017 to 23.3.2017

FNPO and JPGU organized seminar on IPPB and Japan Post comparative study at Palm Beach Hotel, Visakhapatnam, AP on 22nd and 23rd March 2017. The programme was inaugurated by DDG IPPB Sri Tanveer Ahmad. Sister Kankao Oshaki, UNI APRO Posts and Logistics Director welcomed the delegates. Bro Suma and Sister Seguchia from Japan Post explained about Japan Post Bank through Power Point presentation. The presentation lasted nearly more than two hours. There after, our DDG given a presentation on India Post Payment Bank. After the above presentation the Circle Secretaries of NAPE Gr-c and CWC members of AP Circle union raised various doubts about implementation and our future target. Our DDG patiently clarified the doubts of the participants without any agitation. The brain storming session went nearly three hours.  Our FNPO affiliated General Secretaries Sri D.Kishanrao, Sri T N Rahate and Sri P U Muralidharan presented their views and doubts and sought clarification. With vote of thanks by Sri Sivaji Vasireddy, Local coordinator the first day programme was concluded at 1900 hrs.
     On second day the programme was started with subject on personality development of union office bearers. Guest lecture was given by Sri Sanjiv Ranjan, Postmaster General, Kurnool region. The participants raised various doubts. All the doubts were clarified by the PMG with smiley face. After the break SG FNPO presented "Trade Union movement in India" after Independence to till date. After the lunch break Circle secretaries presented their views and future action plan. With closing remarks from SG and General secretaries of FNPO affiliated unions the seminar ends with vote of thanks to JPGU for sponsoring the seminar. FNPO and JPGU conveyed their thanks to Sri Sivaji Vasireddy, L.Krishnaprasad and their team for making excellent arrangement's for participants and Guest.