REPORT OF KVP/NSC HAVING AMOUNT MORE THAN 200000 IN DOP FINACLE
Last month we published a post "Report of Deposit in MIS/TD/SCSS" more than Income Tax Ceiling Amount. We can easily generate the report for these product. But in case of NSC/KVP we have denomination issue. Each certificate has own account no. and the maximum denomination of KVP/NSC is Rs50000/-. Now the process of generating report is just different from prior. Follow the below step to generate the report in case of NSC/KVP.
Menu Shortcut - HACDET
GO
- The following screen will be displayed.
Set ID -
Report to - INCOME TAX DEPT
From Open Date - 01-04-2014
To Open Date - 31-03-2015
From Scheme Code - KVN3
To Scheme Code - KVN6
Amt From - 10000
To Amt - 999999999
Order By
CIF ID - Check Box
Submit
- The following screen will be displayed.
- Now go to HPR Menu
- The following report will be available
- Now you see the report contains all account of particular CIF. We should total the balance amount. If it exceeds the ceiling limit, include it in IT Report.
- This is for KVP.
- The same work will be done for generation the report for NSC.
- Now we have to select from scheme code NSC85 and to scheme code for NSC85
- The rest process is same and click the submit button.
- Now you can see the report is ready in HPR.
Expected DA from Jan 2017 – 3% or 2% ?
As per AICPIN release for October month we have computed expected DA from January 2017, this is only on assumption basis. AICPIN value may vary for November & December 2016.
Illustration 1:
In case AICPIN value more than 277 for Nov & Dec 2016, then Dearness Allowance from January 2017 will be 3%
Illustration 2:
In case AICPIN less than 277 for Nov & Dec 2016, then Dearness Allowance from January 2017 will be 2% Due to Demonetisation, AICPIN Value may be volatile for coming months. However we have to wait & See
Employment News 03 December 2016 to 09 December 2016
ANAND AGRICULTURAL UNIVERSITY GUJARAT
Name Of Post : Professor, Associate Professor, Principal, Assistant Professor
No.of Vacancies : 66
Last Date :17.12.2016
Name Of Post : Professor, Associate Professor, Principal, Assistant ProfessorNo.of Vacancies : 66Last Date :17.12.2016
HIGH COURT ALLAHABAD
Name Of Post : Review officer
No.of Vacancies : 343
Last Date :15.12.2016
Name Of Post : Review officerNo.of Vacancies : 343Last Date :15.12.2016
DIRECTOR GENERAL BORDER SECURITY FORCE NEW DELHI
Name Of Post : Assistant Sub-Inspector (Stenographer), Head Constable (Ministerial)
No.of Vacancies : 157
Last Date :30 days after publication
Name Of Post : Assistant Sub-Inspector (Stenographer), Head Constable (Ministerial)No.of Vacancies : 157Last Date :30 days after publication
HINDUSTAN INSECTICIDES LIMITED MAHARASHTRA
Name Of Post : Hindi Officer, Assistant Manager, Analyst, etc
No.of Vacancies : 12
Last Date :21 days after publication
Name Of Post : Hindi Officer, Assistant Manager, Analyst, etcNo.of Vacancies : 12Last Date :21 days after publication
NOIDA METRO RAIL CORPORATION
Name Of Post : Station Controller, Customer Relations, Junior Engineer, Account Assistant, Office Assistant, Stenographer, Maintainer
No.of Vacancies : 745
Last Date :15.12.2016
Name Of Post : Station Controller, Customer Relations, Junior Engineer, Account Assistant, Office Assistant, Stenographer, Maintainer
No.of Vacancies : 745
Last Date :15.12.2016
POWER FINANCE CORPORATION LIMITED NEW DELHI
Name Of Post : Deputy Manager, Assistant Manager, Officer, Junior Officer, Translator
No.of Vacancies : 11
Last Date :12.12.2016
Name Of Post : Deputy Manager, Assistant Manager, Officer, Junior Officer, Translator
No.of Vacancies : 11
Last Date :12.12.2016
Confederation News : Strike is inevitable
Confederation News - Strike is inevitable
Increasing number of women are now reporting cases of sexual harassment at workplace
Press Information Bureau
Government of India
Ministry of Women and Child Development
02-December-2016 14:53 IST
Increasing number of women are now reporting cases of sexual harassment at workplace: Smt Maneka Sanjay Gandhi
Government of India has enacted the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and Criminal Law Amendment Act, 2013 with the objective to provide safe and secure workplace environment to women. As per the National Crime Records Bureau data, 57 and 119 cases of sexual harassment at workplace were reported under section 509 IPC in the year 2014 and 2015 respectively. This increase in number shows that more and more women are coming forward to seek police assistance in such cases and are not suffering in silence. For reasons behind sexual harassment of women at workplace socio-culture mindset which is an outcome of deeply rooted patriarchal social constructs is the major reason.
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 mandates constitution of Internal Complaint Committee (ICC) in all workplace whether public or private. A woman has the right to submit her complaint directly to the Internal Complaints Committee so constituted. In case internal complaint committee is not constituted in any organisation than the complaint could be made to Local Complaints Committee constituted at district level.
This information was given by the Minister of Women and Child Development, Smt Maneka Sanjay Gandhi in reply to a question in the Lok Sabha today.
Press Information Bureau
Government of India
Ministry of Women and Child Development
02-December-2016 14:53 IST
Increasing number of women are now reporting cases of sexual harassment at workplace: Smt Maneka Sanjay Gandhi
Government of India has enacted the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and Criminal Law Amendment Act, 2013 with the objective to provide safe and secure workplace environment to women. As per the National Crime Records Bureau data, 57 and 119 cases of sexual harassment at workplace were reported under section 509 IPC in the year 2014 and 2015 respectively. This increase in number shows that more and more women are coming forward to seek police assistance in such cases and are not suffering in silence. For reasons behind sexual harassment of women at workplace socio-culture mindset which is an outcome of deeply rooted patriarchal social constructs is the major reason.
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 mandates constitution of Internal Complaint Committee (ICC) in all workplace whether public or private. A woman has the right to submit her complaint directly to the Internal Complaints Committee so constituted. In case internal complaint committee is not constituted in any organisation than the complaint could be made to Local Complaints Committee constituted at district level.
DATE OF IMPLEMENTATION OF ENHANCED BENCH MARK FOR MACPs
RESERVATION IN PROMOTION FOR SC/ST PROMOTED ON THEIR OWN MERIT
Aadhaar-based Authentication for Card Present Transactions
Central Government Employees retiring from January 2017 to submit online application
Encouraging usage of Debit cards among Government Employees - MoF
PLI-DEATH CLAIM -- PROCEDURE
Protest programme on 5th ^ 6th December 2016 for GDS Committee Report publication
Dear Comrades,
5th & 6th December 2016
PROTEST DEMONSTRATIONS AT ALL OFFICES
NFPE & AIPEU-GDS given a call on protest against the delay in publication of GDS committee Report besides not hand over of a copy to the Federations / Unions / Associations.
The reasons are unknown and it is well aware that 3 lakh GDS are with agitating mind on the prevailing situation.
Repeated requests are resulted in vain.
Our Federations / Unions are very much constrained and forced to show our resentment to the Govt & Department. Thus this programme became inevitable.
Please observe the call at all work places / infront of all offices with en masse participation of GDS members and send the RESOLUTION copy to the Minister of Communications & Secretary, Department of Posts.
=P.PANDURANGARAO
GENERAL SECRETARY
Dear Comrades,
5th & 6th December 2016
PROTEST DEMONSTRATIONS AT ALL OFFICES
NFPE & AIPEU-GDS given a call on protest against the delay in publication of GDS committee Report besides not hand over of a copy to the Federations / Unions / Associations.
The reasons are unknown and it is well aware that 3 lakh GDS are with agitating mind on the prevailing situation.
Repeated requests are resulted in vain.
Our Federations / Unions are very much constrained and forced to show our resentment to the Govt & Department. Thus this programme became inevitable.
Please observe the call at all work places / infront of all offices with en masse participation of GDS members and send the RESOLUTION copy to the Minister of Communications & Secretary, Department of Posts.
=P.PANDURANGARAO
GENERAL SECRETARY
Restoration of normal business hours in POs - P3 CHQ writes to Department
Departmental Council (JCM) Meeting
RBI cautions against Information received on Unsecured/Unofficial Channels
Withdrawal of Legal Tender from SBNs: RBI cautions against Information received on Unsecured/Unofficial Channels
In the wake of withdrawal of legal tender character from the Specified Bank Notes (SBNs), the Reserve Bank of India has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. These are also placed on the Reserve Bank’s official website (https://www.rbi.org.in).
It has been reported that certain guidelines/instructions purported to be issued by the Reserve Bank are being circulated in the social media by some unscrupulous elements creating confusion in the minds of the public/bank personnel.
Banks and members of the public are, therefore, cautioned to be guided by only those instructions which are either uploaded on the Reserve Bank’s official website (https://www.rbi.org.in/) or received through the Reserve Bank’s official mail.
The banks and members of the public are advised that they should not rely on other unsecured/ unofficial channels like social media in which the authenticity of the documents circulated is questionable and not verifiable.
Authority: www.rbi.org.in
Withdrawal of Legal Tender from SBNs: RBI cautions against Information received on Unsecured/Unofficial Channels
In the wake of withdrawal of legal tender character from the Specified Bank Notes (SBNs), the Reserve Bank of India has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. These are also placed on the Reserve Bank’s official website (https://www.rbi.org.in).
It has been reported that certain guidelines/instructions purported to be issued by the Reserve Bank are being circulated in the social media by some unscrupulous elements creating confusion in the minds of the public/bank personnel.
Banks and members of the public are, therefore, cautioned to be guided by only those instructions which are either uploaded on the Reserve Bank’s official website (https://www.rbi.org.in/) or received through the Reserve Bank’s official mail.
The banks and members of the public are advised that they should not rely on other unsecured/ unofficial channels like social media in which the authenticity of the documents circulated is questionable and not verifiable.
Authority: www.rbi.org.in
7th Pay Commission: Salary hike to Central government employees not reflecting in GDP data
Is there something amiss?
Government fails to use postal network
IMPORTANT JUDGEMENT FROM HON'BLE CAT PRINCIPAL BENCH DELHI-REGARDING GDS
To summarise, we dispose of the O.As. with the following directions to the respondents:
Download below Link
Lok Sabha Question - Expansion of Postal Net Work
Lok Sabha Question - Expansion of Postal Net Work
Indian Postal Service officer under scanner for fraudulent transactions
HYDERABAD: Indian Postal Service (IPoS) officer K Sudheer Babu reportedly made fraudulent cash exchange transactions at different post offices in Greater Hyderabad, according to investigators, in fresh revelations following raids at post offices.
On interrogating Babu, the senior superintendent of post offices, Hyderabad, CBI sleuths found that in addition to exchanging 36 lakh demonetised currency in a fraudulent manner at Himayatnagar sub-post office, in cahoots with his office assistant G Ravi Teja and Himayatnagar sub-postmaster G Revathi, the IPoS officer had also exchanged lakhs of rupees of demonetised currency at other post offices in his jurisdiction.
CBI sleuths discovered that at the Himayatnagar sub-post office only 987 cash exchange request slips were found, which accounted for cash exchange of only 36,28,000, whereas the total amount of cash exchanged at the post office was 74,73,500.
On questioning, Revathi told CBI sleuths that on November 12 she had issued 36,00,000 in new currency to Ravi Teja in exchange for demonetised currency on the oral instructions of Babu.
The CBI sleuths have been grilling Sudheer and Teja to identify post offices where fraudulent transactions took place and other officials who may have assisted the IPoS officer in executing the fraud. They were also questioning Sudheer to find out whose demonetised currency he had exchanged and for what commission.
The sleuths have registered a case against Sudheer, Ravi Teja, Revathi and unknown private persons under sections, 120-B r/w 406, 409, 477-A of the Indian Penal code C and 13 (2) r/w 13 (1) (d) of the PC Act. With the help of postal vigilance officials, the CBI is gathering more evidence and arrests are likely in a day or two.
Submission of Pre-budget Views of Central Government employees for consideration and inclusion in the Central Budget for the year 2017-18
Confederation has published the draft of Pre-budget views of Central Government employees for consideration and inclusion in the Central Budget for the year 2017-18 and inviting suggestions thereon:-
Draft of the Memorandum to be submitted to Hon'ble Finance Minister
To
1) All National Secretariat Members
2) All affiliated organisations
3) All COCs
Dear Comrades,
It is proposed to submit a Memorandum to Hon’ble Finance Minister conveying our views and demands for inclusion in General Budget 2016-17. Draft Copy of the Memorandum is given below.
Please suggest additions/Modifications, if any, required, within two days.
M. Krishnan
Secretary General
Confederation
Mob: 09447068125
E-mail: mkrishnan6854@gmail.com
REF: CONFDN/BUDGET/2016-17
DATED - ....-12-2016
To,
Shri. Arun Jaitley,
Hon’ble Finance Minister,
Government of India,
North Block, New Delhi -110001
Sub: - Submission of Pre-budget Views of Central Government employees for consideration and inclusion in the Central Budget for the year 2017-18 – Request – Regarding.
Respected Sir,
Confederation of Central Government Employees and Workers is the umbrella organization comprising of various Unions/Associations/Federations of the Central Government employees. Central Government employees are the important segment of the society and contributing for the growth of this country through effective implementation of the policies of the Government of India. Hence, the views of this segment of important stakeholders, I submit, may also be heard and considered. With this request, this organization is bringing the following views for consideration by your good self, as a part of the pre-budget exercise to finalize the budget for the year 2017-18.
Issues of the Central Government employees:
1. New Pension Scheme: Lakhs of employees who joined the Central Government Departments on or after 01-04-2004 are vulnerable to the market fluctuations due to the NPS. It has been pleaded several times to scrap this NPS or grant guarantee of minimum pension at the rate of 50% of last pay drawn. It is requested to concede this request in this budget by making required amendments.
2. Income Tax: It is submitted that Government employees are the most tax compliant segment of the society. At the same time they are the hard hit with heavy tax burden. For many years it is requested to raise the tax exemption limit. It is requested to consider increasing the tax exemption limit for employees to Rs. 5,00,000/-. It is also requested not to include the compensatory allowances in the taxable income.
3. Interest concession on loans and advances: Nationalized Banks are extending housing loans, personal loans for their employees at a lesser rate than the market rate. This facility may also be extended to the Central Government employees.
4. Education loans to the Children of the Central Government employees: In the present set up no bank is giving education loans for pursuing higher studies without keeping immovable property as collateral security. One has to cross many hassles for obtaining education loan for his ward. It is requested that education loan for the ward of a Central Government employee should be hassle free and without any guarantee or collateral security except the employee himself/herself. The total loan should cover the entire fee and living expenses without any restrictions.
5. Minimum Wage & Fitment formula: The minimum wage of Rs.18000/- recommended by 7th CPC is needed to be revised to Rs.26000/- to confirm to the realistic and accepted norms of the wage determination. Accordingly the fitment factor should also be proportionately changed.
6. Curtailment of litigation: Presently due to the policy of DOP&T the Central Government employees are forced to engage in avoidable litigation in the Courts of Law, even on those similar Service matters, which were decided by the Highest Court of the Land. This is resulting in lot of expenditure of Government employees. The judgments of the Courts should be applied to all the similarly placed employees without forcing them to file cases on the very matter.
7. Compassionate appointments: The eligible wards of the employees who died in harness should be given employment by removing the present artificial ceiling of 5% on such employment.
8. Housing needs of the employees working in N.E and Assam Circles: The employees working in these States are facing hardship due to lack of housing facilities. Hence, it is requested to construct more General Pool Resident staff quarters for all the Central Government employees working in N.E. and Assam regions.
9. It is also requested that cash less and Hassle free Medical facilities to serving and retired employees for in-patient and out-patient may also be favourably considered.
General Issues:
Central Trade Unions in their Memorandum dated 19-11-2016 has brought several issues like price raise, strengthening the Public Distribution System, safeguarding the Public Sector, Foreign Direct Investment, employment generation, Same Pay for Same Work, Social Security for unorganized workers, Labour Law Reforms, regularization of Contract and Casual Labour, which has a bearing on the lives of the common masses, employees and workers. This Federation completely endorses their viewpoint on these important issues and requests you to kindly initiate necessary corrective steps in this Budget.
It is earnestly requested to seriously consider the above suggestions for inclusion in the Budget for the year 2017-18, which will go a long way in fulfilling the long pending aspirations of the Central Government employees.
Thanking you,
Yours Sincerely,
(M. Krishnan)
Secretary General
Mob:09447068125
E-mail: mkrishnan6854@gmail.com
Supreme Court Dismissed PM Grade Candidates request to write PSS Group B Exam
THE STRIKE BECOMES INEVITABLE - ARTICLE BY COM. K. K. N. KUTTY, NATIONAL PRESIDENT, CONFEDERATION
THE STRIKE BECOMES INEVITABLE
K. K. N. Kutty, National President, Confederation
It is now more than four months that the Government has held out the assurance to the leaders of NJCA that they would revisit the minimum wage determination and the consequent fitment factor of the 7th CPC. The understanding reached on 30th June, 2016 was that the Government would set up a high level committee to examine the complaint made by the employees organizations to the effect that the 7th CPC had not adhered to the norms of the Dr. Aykhroyd formula. The said decision was in the backdrop of the NJCA’s strike notice which was served on 9th June, 2016 and its resolve to go ahead with the said decision to organize the indefinite strike action from 11th July, 2016.
The employees had realized that contrary to the impression, the 7th CPC imparted to the leaders during their interaction with it, its final suggestions were extremely nugatory and were the product of pressure exerted by the Government on the Commission .at the fag end of its functioning. They found that the minimum wage determined by the commission was in violation with the agreed principles of wage determination in the case of civil servants, it had recommended the least quantum increase in the wages in comparison with all the earlier Commissions; it had reduced the rates of various allowances without any valid rhyme or reason; it had abolished certain allowances despite the continuance of the extra functions/circumstances for which those allowances were originally granted; had abolished all interest free advances; had withdrawn the existing benefits, perks and privileges which had originally granted to a section of the employees and officers taking into account the peculiarities of the assigned jobs to them etc. Naturally the disappointment that arose from such negative attitude of the Commission paved way for anger and consequent agitation, creating thus an atmosphere of confrontation.
The setting-up of a committee under the Chairmanship of the Cabinet Secretary was, therefore, seen as a step in the right direction. After about six months deliberations, the Committee seems to have given a report to the Government content of which was not made public. However, during its inter action with the Staff Side, the Committee had given the impression and indication that it would make changes to the quantum of minimum wage and fitment factor and the Fixed Medical Allowance of the Pensioners would be suitably amended. The Committee intimated the staff Side that the Government would set up separate Committees for allowances and advances to effect a relook into the matter in consultation with various nodal departments of the Government of India. In other words, the Government through the Committee headed by the Cabinet Secretary conveyed that it would create a conducive climate for a fruitful negotiation and settlement.
The 29th June proclamation in the form of Notifications was a bolt from the blue . Was it designed to discredit the NJCA leadership or snub the Committee headed by the Cabinet Secretary or reflection of the arrogance of the party in power was not discernible. It was in that background the NJCA met on 30th June and decided unanimously to go ahead with the preparation for the indefinite strike action. Undoubtedly the Government’s attitude had added fuel to the fire of anger and the leaders especially at the gross root level ,who had hoped that the Government would avert the situation of confrontation welcomed the decision of the NJCA wholeheartedly.
The late night discussions, the group of Ministers had with the NJCA leadership on 30th June, 2016 and the offer of a negotiated settlement of the core issues through the setting up of a high level committee was considered a step in the right direction by the NJCA leadership while accepting the offer of talks, though the State level leadership in quite a number of states felt that the Government was indulging in chicanery.
The time frame of six months for the Committee to complete its deliberations and make suggestions to the government on the core issues was over technically on 6th November, 2016 . The National Secretariat of the Confederation met and rightly decided to chalk out a series of programmes of action, the second phase of which would be carried out on 15th June, 2016 in the form of a massive march to the Parliament house. These programmes are to culminate in a strike action. Isolated action, the Confederation is fully aware is not capable of bringing about compulsion on the Government to revise their decisions promulgated on 29th June, 2016. Confederation is confident that the Defence and Railway organizations who are the predominant partners in the NJCA would realize the gravity of the situation and enliven the NJCA and spearhead the movement to its logical end. Isolated ventures will not be avoidable in certain exigencies, when demarcation in action becomes necessary so as to maintain the character and ideology of the organization and confidence of its members becomes paramount.
Salient features of 7th Assam Pay & Productivity Pay Commission
State Finance Minister Himanta Biswa Sarma has announced the recommendations made by the 7th Assam Pay & Productivity Pay Commission today on 28th November 2016. He said that the government will implement the recommendations of the 7th Assam Pay & Productivity Pay Commission from April next year. Earlier, the 7th Assam Pay Commission submitted its report to chief minister Sarbananda Sonowal on 18th November 2016.
He further added that the recommendations made by the State Pay Commission would be placed before the cabinet for approval in February following which it will be implemented from April, 2017. On the other hand, the dearness awareness (DA) will be increased with retrospective effect from January 1, 2016.
1.The minimum pay has been fixed at Rs 15,900 which is around 2.62 times the minimum pay recommended by the Assam Pay Commission 2008.
2.The Commission has recommended a maximum pay of Rs 1,30,000 as fixed pay and with this the ratio of the maximum pay to minimum pay has become 8.18 as against 9.08 in case of the earlier Pay Commission
3. There will be an increase of 16.44% over the previous minimum pay. This proposed raise in pay is greater than what central government employees got following a 14.3% increase.
4. The proposed pay structure has five Pay Bands and one fixed pay while the number of Grade Pay has been reduced from 30 to 24.
5. The rate of increment has been recommended as three per cent to be added on July 1 every year and employees completing three months or above in the grade as on July 1 shall be eligible for such increment.
6. The Commission has recommended City Compensatory Allowance for employees working in Guwahati (in different slabs of Rs 100, Rs 150, Rs 200 and Rs 250 per month) and Special Allowance (in different slabs of Rs 1,000, Rs 1,250, Rs 1,500 and Rs 2,000 per month) for the Special Branch personnel.
7. There will be an additional 20% pension for pensioners above 80 years while family pension equal to the original pension has been recommended till seven years after the death of the pensioner or till date the pensioner would have attained the age of 67 years, whichever is earlier.
8. In case of an employee who dies before retirement, the original pension will continue for ten years with a ceiling of 67 years of age.
9. The Commission has also recommended a simplified procedure for grant of family pension to disabled children of the pensioner.
10. New salary and pension structures will cost Government an additional amount of Rs 3238.28 crore in the next financial year.
Interest rate cut by 0.10% on KVP, PPF, SCSS 2004 & Sukanya Samriddhi
Press Information Bureau
Government of India
Ministry of Finance
29-November-2016 16:23 IST
Interest rate cut for long term saving schemes
The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004 (SCSS 2004), and Sukanya Samriddhi Account (the Girl Child Scheme) were reduced by 0.10 percentage point for the quarter 01.10.2016 to 31.12.2016, and not 0.10 percentage per annum.
The reduction in the rates of inter
est by 0.10 percentage point was necessitated by a significant fall in the yields on Government Securities of comparable maturities.
This was stated by Shri Arjun Ram Meghwal, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.
No Limit for Withdrawals in Post Offices as per RBI relaxation - DoP Guidelines
Respected Sir/Madam,
Please find attached the RBI Notification regarding relaxation in the limit of withdrawal of cash from bank deposit accounts. The instructions of RBI stipulates that withdrawals may be allowed for deposits made in current legal tender notes on or after 29.11.2016 beyond the current limits preferably,available higher denomination bank notes of Rs. 2000/- and 500/- are to be issued for such withdrawals.
This instructions of RBI is applicable only for those depositors who deposits valid legal tender notes and seeking withdrawal, for whom the current limit of (Rs. 24000/-) is relaxed.
The following are the procedure to be followed:-
1.The withdrawal exceeding the current limits may be allowed only in the home SOL of the account holder.
2.The Finacle application should validate the withdrawals exceeding the limit for those depositors who deposit the current legal tender notes on or after 29.11.2016. For this purpose a Patch needs to be deployed.
3.The counter PA should maintain a separate register for entering details of such deposit transactions.The proforma of the register is as follows:-
S.No.
Date
Name of the Account Holder
SB Account Number
Amount Deposited through current legal tender notes
Deno. of legal tender notes
Counter PA Sign.
PM/SPM/ Counter Supervisor SignatureDate and amount of withdrawal, if any
4. The depositors who are depositing current legal tender notes on or after 29.11.2016 should write the denomination of currency notes on the pay in slip.
5. After acceptance of deposit by post office, the concerned PA should acknowledge the tendering of currency notes on the back side of the counterfoil of the pay in slip and write the Sl. No. of the entry in above mentioned register.
6. While allowing withdrawal the Counter PA should consult the prescribed Register and make necessary entries for the cash withdrawal from the respective account.
7. Counter PA should maintain the details of cash received and remitted to Treasurer separately for WOS Notes and Current Legal Notes.
CEPT team/FSI vendor is requested to put in place necessary validation by deploying a Patch in Finacle application. Further detail will be intimated in due course.
In the meanwhile, necessary instructions may be issued to all concerned.
With regards,
Sachin Kishore
Director (CBS)
Sansad Marg,
Dak Bhavan
PRESS NOTE ON CBI INVESTIGATION AGAIN POSTAL EMPLOYEES
CG UPDATE(CBI)
********
CENTRAL BUREAU OF INVESTIGATION
ANTI-CORRUPTION BRANCH
III Floor, Kendriya Sadan,
Sultan Bazar, Koti, Hyderabad-500 095
Phones: (040) 24732762,63,64 & 68 and 24734667
Fax: (040) 24612763, e-mail: hobachyd@cbi.gov.in
PRESS NOTE
REGISTRATION OF RC 24(A)/2016, CBI, ACB, HYDERABAD AGAINST
OFFICIALS OF POST OFFICE
Based on the credible information that certain grave irregularities have been committed in exchange of old currency notes with new currency notes to the general public at Himayathnagar Sub-Post Office a Joint Surprise Check was conducted by officials of CBI, Hyderabad along with Staff of Postal Vigilance. The Joint Surprise Check revealed that on 12-11-2016 an amount of Rs. 74,73,500/- in Rs. 2000/-new denomination has been shown to have been exchanged against the old currency notes amounting to Rs. 74,73,500/-. However only 987 numbers of Request Slips were only found available for total amount of Rs. 38,45,500/- against Rs. 74,73,500/- and there were no Request Slips for an amount of Rs. 36,28,000/- (Rs. 74,73,500/- minus Rs. 38,45,500/-). It is revealed that Smt. G. Revathi, Sub Postmaster, Himayathnagar Sub-Post Office has done this as per the instructions of Sri. K Sudheer Babu, IPoS, Senior. Superintendent of Post Offices, Hyderabad City Division, Hyderabad. Further Sri G. Ravi Teja, working as Office Assistant at O/o SSPOs, Hyderabad City Division, who is deputed for disbursement of new currency notes to various Post Offices under Hyderabad City Division, confirmed that said Sri Sudheer Babu gave him old currency notes of Rs. 500/- and Rs. 1000/- denomination total amounting to Rs. 36,00,000/- and took new notes of Rs. 2000/- denomination for said amount of Rs. 36,00,000/- at the originating place i.e. GPO, Hyderabad Treasury itself.
Based on the outcome of said Joint Surprise Check CBI, Hyderabad registered a Regular Case vide RC No. 24(A)/2016-CBI-HYD u/s 120-B r/w 406, 409, 477-A IPC and 13(2) r/w 13 (1) (d) of PC Act against said Sri. K Sudheer Babu, IPoS, Senior. Superintendent of Post Offices, Hyderabad City Division, Hyderabad, G. Revathi, Sub Postmaster, Himayathnagar Sub-Post Office and Sri G. Ravi Teja, working as Office Assistant at O/o SSPOs, Hyderabad City Division and unknown other public servants and private persons on the allegation that accused in criminal conspiracy with other public servants and private persons by abuse of their official position fraudulently exchanged Rs.36 lakhs of old demonetised currency notes of Rs.500 and 1000 denomination with the new currency notes of Rs.2000/- denomination without genuine documents on 12.11.2016 which was meant for disbursement among genuine general public and thereby misappropriated Rs.36 lakhs.
During the investigation, searches were conducted at the residence of said Sri Sudheer Babu and during interrogation he revealed that he exchanged the old currency notes worth Rs. 36,00,000/- with new notes of Rs. 2,000/- denomination.
IF PUBLIC HAVE ANY COMPLAINTS ABOUT CORRUPTION IN CENTRAL GOVT. DEPTs & PSUs, BANKS, INSURANCE COMPANIES OF TELANGANA AND RAYALASEEMA REGIONS OF AP THEY MAY CONTACT SUPDT. OF POLICE, CBI, HYDERABAD, IN PERSON OR OVER PHONE NOs. 24732768 (O) 9010299553 (Cell).
Sd/-
DY. INSPR. GENL. OF POLICE
CBI, ACB, HYDERABAD
Dated: 28.11.2016.
EDITORIAL POSTAL CRUSADER
DECEMBER 2016
DEMONETIZATION (NOTE BANDI)
CAUSE OF SUFFERING FOR PUBLIC
The object of demonetization was stated by Prime Minister to combat corruption and black money .But without making proper preparations it’s implementation has caused suffering more to the public in general and Bank and Postal Employees in particular. All Government Employees, Workers, Farmers and small & big entrepreneurs are also suffering because of this. People start standing in ques in front of ATMs since early in the night. As the ATMs were not calibrated as per new notes of Rs.2000/- and 500/- so these notes are not being put in ATMs and 100/- Rupees notes are exhausted within a short period and remaining persons remain standing in ques. The decision taken in hurry is being changed frequently. Firstly it was ordered that anybody can change the old notes worth Rupees 4000/- from any Bank & Post Office, after that limit raised as Rs.4500/- and now it has been reduced to Rs.2000/- from the Post Offices or Bank where account stands.
`No employer is giving salary to his employees. Shops are being shut. The business in Mandis is getting stopped. Workshops and factories are being closed. Workers are returning back from Metro Cities to their villages.
The problems before farmers are aggravating. Now this is season of RAVI CROPS and Farmers are not able to purchase seeds and fertilizer besides having money. If it peasants come in distress it will adversely affect the economy of nation. Agricultural products like vegetables and fruits are not being purchased in Mandis. All the small enterprises, from brick Kilns to factories , who have to pay cash wages to workers have stopped working or not making full payment of wages as they have been allowed to withdraw Rs.25000/- . As per the RBI directives, distinct and primary co-operative banks which cater to millions of farmers are not allowed to exchange the votes. This has paralysed the banking operations causing hardship to farmer and rural population. Workers working in transport sector have become unemployed. The goods carrier vehicles have come to halt, as to operate these there is no money and it will result shortage of food items.
The Government has authorized all Hospitals to accept old notes but the private hospitals and Nursing Homes have not been allowed therefore people are not getting proper treatment and some have died due to lack of treatment.
Most of the work in this country is done by cash transaction. After barring 86% currency which was in the form of notes of higher denomination has caused suffering to the common man including labourers, farmers, entrepreneurs and government employees. The way in which this has been implemented adverse effect on livelihood of common man can be noticed.
The government is claiming GDP at the rate of 8% but now it may come down up to 5% and the economy will take more time to come up after bearing this blow.
The Government is claiming total removal of problem of corruption and black money after demonetization but experts are saying that there is only 6% black money in the form of cash and only 0.025% currency is fake. Rest 94% black money is in real estate, Share Market, Gold and Jewellery and foreign currency and so many other activities. For marriages, orders were issued to withdraw Rs.2.5 lakh but so many conditions have been imposed and fulfillment of these conditions is impossible and the people are committing suicide being aggrieved of it. To restrict withdrawal of its own money is clear-cut violation of constitutional provisions.
With this decision the postal employees have also been very adversely affected. There is no adequate infrastructure in Post Offices. In most of the post offices, notes counting machines and fake currency detecting machines are not available. About 10000 Post Offices are single handed and he has to do all other works besides this demonetization work. The Post Offices are being opened since 8 A.M. to 8 P.M. and being opened on holidays and Sundays and no extra remuneration is being paid in lieu of this extra duty work.
There are no proper security arrangements in Post Offices for cash remittance. Cash cannot be retained in Post Offices. To remit the cash from SOs to HO. The employees have to take risk. Banks are not ready to accept. The banned currency due to non availability cash from Banks. Postal employees have to bear the annoyance of public.
NFPE has raised all these issues before Postal Administration and other officers and accordingly Directorate has issued instructions to settle these problems but still this is not sufficient.
If the attitude of administration does not change than NFPE along with PJCA will proceed on path of agitation.
MOST IMPORTANT & URGENT
DECEMBER 15th PARLIAMENT MARCH
NO CHANGE
PROGRAMME WILL BE CONDUCTED
ONDECEMBER 15th ITSELF
IT IS REPORTED THAT SOMEBODY IS SPREADING FALSE NEWS IN SOCIAL MEDIA THAT THE DECEMBER 15TH PARLIAMENT MARCH IS POSTPONED.
THIS IS TOTALLY FALSE NEWS.
THERE IS NO CHANGE IN THE DATE OF THE PARLIAMENT MARCH.
IT WILL BE HELD ON DECEMBER 15TH ITSELF
DO NOT BELIEVE SUCH FALSE NEWS
M.KRISHNAN
SECRETARY GENERAL
CONFEDERATION
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