Monday, January 23, 2017

REVISION OF PROVISIONAL PENSION SANCTIONED UNDER RULE 69 OF THE CCS (PENSION) RULES, 1972.

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GDS COMMITTEE REPORT - CHAPTERWISE AND ANNEXURE WISE DOWNLOAD LINK

 

Dear comrades,

Shri Kamalesh Chandra Committee submitted report on GDS system to the Department & Government on 24th November 2016.
The copy of the Report published in DoP website on 18-01-2017.
It contains 434 pages with 20 Chapters and 39 Annexures with some other pages. 
Downing loading of the Report Copy once at a time is more time taking and felt difficulty.
AIPEU GrC CHQ made it Chapter-wise links for the convenience of down loading easily and links are given below:

CHAPTER - 3 : CATEGORIES OF GDS(10 PAGES)
CHAPTER - 4 : VIABILITY OF GDS POST OFFICES (21 PAGES)
CHAPTER - 5 : WORK LOAD ASSESSMENT (8 PAGES)





CHAPTER - 11: ALLOWANCES (15 PAGES)










ACKNOWLEDGEMENTS (3 PAGES)

The following Annexures contains Statistical tables, data collection and etc.,

ANNEXURE : 01 - 10 (37 PAGES)

ANNEXURES : 11 - 15 (41 PAGES)

ANNEXURES : 16 - 25 (31 PAGES)

ANNEXURES : 26 -30 (25 PAGES)

ANNEXURES : 31 - 39 ( 30 PAGES)

 

 

Postponement of one day strike – Confederation writes to Cabinet Secretary

 

Ref: Confdn/Strike/2016-19
Dated – 23rd January 2017
To,
The Cabinet Secretary
Cabinet Secretariat
Government of India
Rashtrapati Bhawan
New Delhi – 110001
Sir,
Sub:- Postponement of the one day strike from 15th February 2017 to 16th March 2017.
Ref:- Our strike notice dated 28.12.2016.
 
Kindly refer to the notice served by us on 28th December 2016, for one day strike of Central Government employees on15th February 2017. (copy enclosed for ready reference). This is to inform you that due to the notification of election to five state assemblies by the Elected Commission of India, the proposed strike on 15th February 2017 is postponed to 16th March 2017. The Charter of demands in pursuance of which the employees will embark upon the one-day strike action is enclosed.
Yours faithfully,
(M. Krishnan)
Secretary General
Mob: 09447068125
Email: mkrishnan6854@gmail.com
 
 
 
 

Ceiling on IT for salaried persons should be raised to Rs.7.5 lakh: AIBEA to Jaitley

 

The ceiling on Income Tax for salaried persons should be raised upwardsto Rs 7.5 lakh with exclusion of fringe benefits like housing,medical and educational facilities.
The IT rate above Rs 7.5 lakh and upto Rs 12 lakh shall be 10 per centand above Rs 12 lakh upto Rs 20 lakh 20 per cent and Rs 20 lakh andupto Rs 25 lakh it should be 25 per cent, All India Bank Employees’Association ( AIBEA) General Secretary C H.Venkatachalam said while submitting suggestions for consideration in next budget being finalized bythe Central government.
In a letter to Finance Minister Arun Jaitley, Mr Venkatachalam said theIncome Tax slab for rich individuals should be raised significantly. Forannual incomes between Rs 25 lakh and Rs 1 crore, tax rate should be 35 per cent and for annual Income above Rs 1 crore, it should be 40 percent.
He said Uniform tax rates for goods should be introduced throughout the country and adequate compensation should be paid to the state governments by the Centre for such introduction, for the revenues that would be affected by such move.
On the banking Sector, the AIBEA leader suggested to the Minister that the rate of interest on Savings Bank deposits shall have to be revised upwardly by atleast 2 basis points and the interest on fixed deposits shall be exempted from the purview of IT.
 
The banks should extend agriculture loan at the rate of 2 per cent per annum ( simple) and the banks should extend education loan at concessional rate of interest to the poorer sections of the people, at the rate of 5 per cent per annum (simple) with interest subvention.
Mr Venkatachalam also said in the letter that all private sector banks should be brought under the public sector, government should hold full control of public sector banks with 100 per cent equity holding and shall not disinvest its shareholding.
Wilful default of bank loans should be declared as a criminal offence through suitable amendment to law and the RBI should publish the list of defaulters every six months with updates, who owe to the banks more than Rs 1 crore.
Mr Venkatachalam also said Fast track courts shall have to be vested with more powers to recover the bad loans and stringent laws should be enacted to ensure more recovery.
Laws should be amended to confiscate the assets of the directors in case of default by a company, in which they are directors, the top AIBEA leader suggested to Mr Jaitley.
There should be expansion of Public Sector banks and to that effect, morebranches should be opened in unbanked and rural areas, he said, adding that the merger of Associate/Subsidiary Banks of SBI with State Bank of India should be abandoned, as this would adversely affect the regional economy of the states in which the Associate/Subsidiary Banks are operating and in such areas of operations, they perform better than the SBI.
On the Rural sector, the AIBEA General Secretary suggested Mr Jaitley to ensure minimum civic amenities, the Panchayati Raj institutions should be strengthened with adequate budgetary allocations, education among rural children should be made compulsory through more enrolments in the government schools.
On Agriculture, he said, the investment in agriculture shall have to be made both by the Central and the state governments through increase in budgetary allocations, lands acquired by the banks in Settlement of loans by the small and marginal famrers must be returned to the original owners on repayment of installments on the basis of similar deals in respect of commercial companies.
Touching Education, Mr Venkatachalam said education to children should be made compulsory and the government schools should be recruited with qualified teachers to provide worthy education and added Child Labour Act should be amended so that the children should not be made to work even in ‘family run’ business. National Health Policy should be adopted and there should be National drug policy and prices of life-savings and essential drugs should be controlled, he mentioned on Health Care.
On prices, Agricultural Market Produce Committees (APMC) Act should be repealed and abolished, as these compels and forces the farmer to sell his produce to middlemen in authorized Mandis ( Markets). Farmers should be allowed to sell their products directly in the market without intermediaries/wholesalers/middlemen,he added.
On Labour Laws, Mr Venkatachalam urged the Minister that the judgement of Supreme Court be implemented to ensure ”equal pay for equal work” at all private and public sector establishments, the Contract Labour ( Regulation & Abolition) Act, 1970, should be amended to absorb the contract workers in permanent employment of the ‘principal employer’ if contract labour is abolished by the government.
On Public Sector Units, he said budgetary allocation should be made to all the sick, revivable and potentially viable public sector units, appointments of Chiefs of Public Sector Units that are remaining vacant should be expedited and massive investments in Public Sector should be made to make concerted efforts to generate public employment.
All Foreign Trade Agreements (FDA), Bilateral Investment Treaties (BITs), Double Taxation Avoidance Agreements (DTAAs) should be reviewed comprehensively in country’s economic interest as through these treaties and agreements, the black money stashed away are ploughed into India as FDI the AIBEA leader said and added that FDI in Public Sector Units, LIC, Private Sector banks, Services, Defence should not be allowed and such policy decisions should be scrapped.
 
 

Budget 2017 to be presented on February 1, says Supreme Court

 

 

The government has received a go-ahead from the Supreme Court to present the Union Budget on February 1. On Monday, the SC which was slated to hear a plea to push the Budget presentation date to after the Assembly Elections in the five states, dismissed the plea and said that the financial statement should be presented on February 1.
   
 his year, the government decided to advance the Union Budget presentation to February 1, doing away with a decades-old practice of presenting it on the last working day of February. Prime Minister Narendra Modi had said that this would allow for the Finance Bill to be passed early and make funds available on time.
The Opposition parties had sought postponement of the Budget on the grounds that the ruling government could announce sops for the states in line for elections and sway the votes.
While dismissing the petition, filed by Manohar Lal Sharma, the Supreme Court said, "There is no illustration to support that the presentation of the Union Budget would influence voters' mind in state elections."
 
 

Amended I-T law harsh, prone to misuse by taxmen: Experts

 

As the dust begins to settle on demonetization and the taxman hunts for unexplained money, there is a lurking concern among practitioners and senior levels of the tax office as to how harshly the new law would be used. 
Money borrowed from a friend, jewellery inherited from great grandmother, gifts, capital received by a small businessman, amount spent in daughter's wedding or in regular household expenditure can be questioned and taxed at a far higher rate if someone fails to offer a "satisfactory explanation" to the tax officer. 
Indeed, a person may have to cough up as high as 83% -- as against 35% in the past -- if the I-T department doubts such 'income' or 'expenses'. 
"We have discussed the matter among ourselves. It's a strong provision in the (Income Tax) Act and the department would find it handy in mobilising tax from black money. But there are chances that it may be misused," said a senior tax official in Mumbai which accounts for the highest direct tax collection. According to senior chartered accountant Dilip Lakhani, in a loan received the assessing officer can always question the credit worthiness of the lender or describe family jewellery (beyond 500 gms) as unexplained investment. 
 

 

The law to tax funds or investments whose source cannot be substantiated had always existed. But the law was changed post demonetization to empower the tax office to impose a significantly higher tax and penalty. Now, amid notices and searches by the department, fears are that the law may be misused. 
"Though the income tax amendment was bought in to penalize tax evaders who had deposited the demonetized currency to take shelter under section 115BBE of the Income-tax Act, 1961, in genuine cases, this section would become difficult to comply with. Unexplained deposits/credits can only turn into explained deposits/credits if source is clearly explained, which in several cases may become extremely difficult to do," said Amit Maheshwari, Partner Ashok Maheshwary & Associates LLP. Individuals rarely maintain regular books of account and may find tracing the source a very time consuming and difficult exercise, he said. 
The relevant parts of the I-T Act are: Section 68 (dealing with unexplained cash credit, which is applicable to loans, gifts and share capital); section 69A (unexplained money, jewellery or valuable items); 69B (unexplained investment); and section 69C (unexplained expenditure.) Once section 115BBE is invoked, then the income (which is under question) cannot be set off against any other loss for the year or carried forward. 
"The amendment prescribes penal rate of tax and is effective from April 1, 2016. The AO has been given wide subjective powers and the amendment could challenge the present government's objective to minimize harassment to taxpayers. The rate of tax should be brought down to 30%," said Lakhani. 
If one is able to establish unexplained deposits, loans, or investments, can the Assessing officer still not be satisfied, asks Mitil Chokshi Senior Partners Chokshi and Chokshi. "While every effort will be made by AO to determine identified credits as unexplained, assesses will try to prove otherwise by adequate evidences, by establishing the identity, capacity and genuineness," he said. 
Earlier, an assessing officer invoking Section 115BBE could impose a tax of 30% plus the surcharge; now, the tax payable will be 60%, along with 15% surcharge and 3% cess aggregating to 77.25%. In add, there could be a penalty of 10% of the tax - a total outgo of 83.25% for the assessee. 
Source:-The Economic Times
 
 

7th Pay Commission: Central govt employees expect Committee on Allowances report in February

 

After repeated rumours and statements on when and what the Committee of Allowances under Finance Secretary will roll out for central government employees, there is more news to fire the expectations of government employees.

 
The Convener of National Joint Council of Action (NJCA), in a circular to its members wrote on Thursday about his recent meeting with the Cabinet Secretary said," The Cabinet Secretary informed us that, pension issues have already been referred to the Cabinet, and the report of the Committee on Allowances is likely to be submitted in the next month".
The Cabinet Secretary is also reported to have assured NJAC that the issue of Minimum Wage and Fitment Formula is also being vigorously pursued by the government.
Cabinet Secretary is reported to have told Mishra that the inordinate delay in allowances was because of the various problems, but the intention of the government is very clear that, they want to resolve the problems of the Central Government Employees and advised the employees to have patience for some time and given us an assurance that he would try to get resolved pending issues of the Central Government Employees as early as possible.

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SBI Buddy Standard Operating Procedure and Flow Chart- Download

 

Download SOP and Flow Chart of SBI Buddy

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Speed Post Articles fetching error in Speed Net v4.4.2 Module

 

If you found the following error ".... Could not find stored procedure 'sp_COA_CollectFromCounter" while fetching booked speed post articles in speed net 4.4.2 module from my office option (counter)

  • Please execute the following .exl in script tool after taking back up of POSPCC and POSPCCBACKUP.The Solution provided by CEPT,Mysore.
Download Solution exl which is provided by CEPT by clicking the below link
 
 

Clarification regarding "Card Expired in ATM machine"

 

Clarification by CPC, ATM Unit,Bangalore - regarding non activation of POSB debit cards
It is clarified by the CPC, ATM Unit,Bangalore that if any instant debit card request not processed and showing an error " Card Expired. " in ATM machine. The reason is " Customer name exceeds 21 characters in CIF level. "
  
Hence, you have to modify the name in CIF level. Then send a mail to " postatm@indiapost.gov.in " as below:
Instant ATM request not processed at your end and the error showing as "card expired" in ATM machine. Now the customer name modified as below 21 characters in CIF level for the CIF: . Hence, Please process the request.

 

 


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