Monday, 7 November 2016

CHQ News : Preparation of Combined All India Seniority List of Inspector Posts for the year 2001 and onwards… regarding.


 

No. CHQ/AIAIPASP/Seniority List / 2016                          Dated :      5/11/2016

To,
Shri Abhay Kumar,
Assistant Director General (SPN),
Department of Posts,
Dak Bhavan, Sansad Marg,
New Delhi 110 001.

Subject : Preparation of Combined All India Seniority List of Inspector Posts for the year 2001 and onwards… regarding.  

Ref.       : Your letter No. 7-1/2015-SPB-II dated 09th June 2016

R/Sir,    
          Your kind attention is invited to this Association’s letters of even number dated 9/7/2016, 12/7/2016, 18/7/2016, 25/7/2016, 27/7/2016, 5/8/2016 and 17/8/2016 whereby the copies of representations received from members of this Association were forwarded to Directorate with a request to examine the representations in the light of DoPT OM No. 28011/6/76-Estt (D) dated 24.6.1978 and 20011/8/2012-Estt (D) dated 04-03-2014 and decide it impartially, judiciously and as per the rules and regulations framed by the nodal ministry time to time.

           Directorate vide memo No. 7-1/2015-SPB-II dated 17/5/2016 has circulated draft All India combined seniority list of Inspector Posts for the year 2001 and 2002 and requested to intimate discrepancies noticed / found therein and in turn this Association vide letter of even number dated 27/5/2016 reported that the said seniority list is prepared incorrectly & needs up-dation/corrections as per the rules and regulations framed by Nodal Ministry. Thereafter Directorate vide Memo No. 7-1/2015-SPB-II dated 09th June 2016 has again circulated revised seniority list to all HOCs with a direction to circulate among all the candidates for inviting comments/grievances, if any within 45 days. This Association and, many Circles have already forwarded the grievances of the candidates to Directorate for taking suitable action thereon, but till date there is no progress found in this matter.

 It is once again earnestly requested to kindly examine the representations of all the candidates in as per the rules and regulations framed by the nodal ministry time to time and arrange to issue correct seniority list at the earliest.
Yours sincerely,

 Sd/-
(Vilas Ingale)
General Secretary

Friday, 4 November 2016

Holiday List for West Bengal Govt. Employees, 2017

GOVERNMENT OF WEST BENGAL
Finance [Audit] Department, 10th floor
“NABANNA”
Mandirtala, Howrah – 711 102

No. 5603-F(P2). Dated: 27.10.2016.
NOTIFICATION

In exercise of the power conferred by the explanation to Section 25 of the Negotiable Instrument Act, 1881 [XXVI of 1881], read with Government of India, Ministry of Home Affairs, Notification No. 20/25/56-pub[l] dated the 8th June, 1957 the Governor is pleased to declare the following days to be public holidays during the year 2017.


Birthday of Swami Vivekananda12th JanuaryThursday
Birthday of Netaji23rd JanuaryMonday
Republic Day26th JanuaryThursday
Saraswati Puja [Sree Panchami]1st FebruaryWednesday
Good Friday & Birth day of Dr.B.R. Ambedkar14th AprilFriday
** Bengali New Year’s Day15th AprilSaturday
May Day1st MayMonday
Birthday of Rabindranath Tagore9th MayTuesday
Id-Ul-Fitar26th JuneMonday
Independence Day15th August,Tuesday
** Id-Ud-Joha2nd SeptemberSaturday
Mahalaya19th SeptemberTuesday
Durgapuja
Mahasaptami27th SeptemberWednesday
Mahaastami28th SeptemberThursday
Mahanabami29th SeptemberFriday
** Vijaya Dasami30th SeptemberSaturday
Birthday of Gandhiji2nd OctoberMonday
Lakshmi Puja5th OctoberThursday
Kalipuja19th OctoberThursday
** Birthday of Guru Nanak4th NovemberSaturday
Christmas Day25th DecemberMonday


Note:
Sundays are holidays under the Negotiable Instrument Act.
01. In the year 2017, the following festivals / occasions fall on Sundays which are public Holidays under N.I.Act and hence have not been included in the list of Holidays:
i) Doljatra12th MarchSunday
ii) Muharram1st OctoberSunday
02. The holiday with double asterisk marks i.e. [**] is applicable to those Government Offices only where Saturdays are not observed as full holiday.
03. General Instructions as laid down below in this Notification No. 5603-F[P2], dated 27.10.16 are to be followed in case of Muslim Festivals.


No. 5604-F(P2). Dated: 27.10.2016.


In exercise of the power conferred by the explanation to Section 25 of the Negotiable Instrument Act, 1881 [XXVI of 1881], read with Government of India, Ministry of Home Affairs, Notification No. 20/25/56-pub[l] dated the 8th June, 1957 the Governor is pleased to declare the following days to be public holidays during the year 2017.
1. Yearly closing of Bank Account1st AprilSaturday
Note: The Government Offices only where Saturdays are not observed as full holiday including Treasuries, Sub-Treasuries shall remain open on the 1st April ,2017 which has been declared as public Holiday under N.I. Act, under this Notification.


No. 5605-F(P2). Dated: 27.10.2016.


The Governor is pleased to notify that on the following days during the year 2017, which are not declared to be public Holidays, the offices under the Government of West Bengal with the exception of the offices of the Registrar of Assurances, Kolkata and Collector of the Stamp Revenue, Kolkata shall be closed.
Shivaratri24th FebruaryFriday
Day after Doljatra [Holi]13th MarchMonday
Birth day of Poet Bhanu Bhakt [for Darjeeling District only]13th JulyThursday
** Janmastami14th AugustMonday
Mahasasthi of Durgapuja26th SeptemberTuesday
Additional day in connection with Durgapuja3rd OctoberTuesday
4th OctoberWednesday
Additional day for Lakshmipuja6th OctoberFriday
Additional day in connection with Kalipuja20th OctoberFriday
** Additional day in connection with Kalipuja & Bhatridwitya21st OctoberSaturday
** Fateha-Dwaz-Daham2nd DecemberSaturday
Note
i) In the year 2017, the following festivals/ occasions fall on Sundays which are public Holidays under N.I. Act and hence have not been included in the list of holidays:
New Year’s Day [2017 A.D.]1st JanuarySunday
Ekadashi of Durgapuja1st OctoberSunday
ii) The holiday with double asterisk marks i.e. [**] is applicable to those Government Offices only where Saturdays are not observed as full holiday.


No. 5606-F(P2). Dated: 27.10.2016.


The Governor is pleased to declare that the following days may be observed as Sectional Holidays in the year 2017 for the employees of different communities mentioned against each:
** Easter Saturday [for Christians only]15th AprilSaturday
** Baisakhi [for Sikh only]15th AprilSaturday
Buddha Purnima [for Buddhist only]10th MayWednesday
Sab-e-Barat [for Muslims only]12th MayFriday
Karam PujaTo be notified later on
Chhat Puja26th OctoberThursday


Note


i) In the year 2017, the following festivals / occasions fall on Sundays which are public Holidays under N.I. Act and hence have not been included in the list of holidays:
Mahabir Jayanti [for Jains only]9th AprilSunday
ii) The holiday with double asterisk marks i.e. [**] is applicable to those Government Offices only where Saturdays are not observed as full holiday.


GENERAL INSTURCTIONS TO BE FOLLOWED IN ALL TYPES OPF HOLIDAYS INCLUDING HOLIDAYS FOR THE MUSLIM FESTIVALS


01. No substitute holiday shall be allowed if any of the festival – holidays initially notified subsequently happens to fall on a weekly off or any other non-working day or in the event of more than one festival falling on the same day.
02. If there is any change in the date of Id-Ul-Fitre, Id-Uz-Joha, Muharram, Fateha-Duaz-Daham, Sab-e-Barat depending upon the sighting of the moon, holiday will be declared by a separate order for the date on which the festival would be actually observed in lieu of the date originally notified as holiday for this festival.
03. It may happen that the change of date of above occasions has to be notified at a very short notice. In such a situation, announcement would be made through T.V./ A.I.R / Newspapers and Heads of Department / Offices of the State Government may take action according to such announcements without waiting for formal order about the change of date.


By Order of the Governor,
Sd/- D. K. Mahapatra
Special Secretary to the
Government of West Bengal
No. 5603-F dated 27.10.2016, Source

Thursday, 3 November 2016

Enhancement of ceiling for calculation of ex-gratia Bonus payable to Gramin Dak Sevaks from Rs. 3500/- to Rs.7000/-...

To view Directorate OM dated 27.10.2016 , please Click here

Sukanya Samriddhi Yojana: Important watchouts before you invest


Sukanya Samriddhi Yojana (SSY) is targeted towards a girl child and her financial needs such as education and marriage. However, as the exact age at which she would require the funds is uncertain, the scheme tries to be flexible. The investors, on the other hand, need to keep in mind five important years or time spans before taking the plunge in SSY. Consider, for instance, the girl child's age, and the time left for her education and marriage. 

Opening an account (0-10 years) 

An SSY account can only be opened in the name of a girl child (beneficiary) below 10 years, as on the date of the opening of the account. The date of birth proof is, therefore, essential. The rules allow for the opening of a maximum of two accounts for two girls in a family. One can't open two accounts for one girl. The girl child's age is very important to find out the duration of the scheme. Here's why: 

5 years 

The request for the first premature closure of an SSY account can be put forward after the completion of five years of the account opening. That too, as per the rules, on extreme compassionate grounds such as medical support in life-threatening diseases. Still, if the account has to be closed for another reason, it will be allowed, but the entire deposit will only get interest of a Post Office Savings Bank account. 

10 years 

When the beneficiary, i.e., the girl child crosses the age of 10, she can operate the account on her own. She can make any future contributions to her own account. The parents, too, can continue to deposit in the same account. 

15 years 

To open an SSY account, a minimum initial deposit of Rs 1,000 is required. Thereafter, a minimum of Rs 1,000 up to a maximum of Rs 1.5 lakh can be deposited in the account annually. To keep the account active, deposits need to be made only for the initial 15 years. For a 9-year-old, deposits have to continue till the child turns 24. Between ages 24 and 30 (when the account matures), the account keeps earning interest on the balance. 


SSY is a long-term investment scheme. The partial and full withdrawal window is sacrosanct subject to applications made to foreclose the account prematurely. 

18 years 

The next window for withdrawals is allowed when the girl turns 18. And the rules make it clear that the funds are for her needs and not used for any other purpose. A maximum of 50 per cent of the account balance of the preceding year may be withdrawn for the purpose of higher education of the girl. 

For this, not just a written application, but a documentary proof in the form of a confirmed admission offer in an educational institution or a fee slip from such institution clarifying such financial requirement is required. Further, the withdrawal amount will be restricted to the actual demand of fee and other charges required at the time of admission as shown in the offer of admission or the relevant fee slip issued by the institution. 

21 years 

Irrespective of the age, the SSY account will run for 21 years from the date of its opening. So if the girl child's age is 9, the scheme will mature when she turns 30. The rules, however, permit final closure anytime before 21 years if the parent files an application for such premature closure for the purpose of her marriage and confirms through an affidavit that the applicant is not below 18 years on the date of marriage. At times, this could be a roadblock as the closure is subject to conditions as seen above. 

The attractiveness 

SSY carries the highest tax-free return with sovereign guarantee and comes with the exempt-exempt-exempt (EEE) status. The annual deposit (contributions) qualifies for Section 80C benefit and the maturity benefits are non-taxable. SSY can be opened in a post office or a bank. One can also make deposits through electronic means, i.e., e-transfer to the concerned post office or bank if either has access to the core banking facility. 

Alternative investments
 
SSY is a dedicated scheme for a girl child's needs. Public Provident Fund (PPF), a 15-year scheme that also comes with loan and partial withdrawals facilities, can be an alternative. Although a PPF account can be extended in block of five years after the initial 15 years, the possibility of funds being used for other purposes exists. 

As per the rules, at any point of time, the interest rate of SSY will always be higher than that of PPF. For both schemes, the government fixes the interest rate on quarterly basis based on the G-sec yields.The interest rate and spread that SSY enjoys over the G-sec rate of comparable maturity is 75 basis points compared to PPF's 25. 

Currently, the interest rate of SSY is 8.5 per cent per annum compounded annually, while it is 8 per cent per annum for PPF. Mark the date in SSY as there will not be any interest on the amount deposited after the 10th for that specific month. Even when compared to traditional life insurance plans, SSY scores higher, especially when combined with a term insurance plan. 

Conclusion 

Estimate how much inflated-adjusted funds would be needed for the education and marriage of the girl child. SSY is a debt investment, therefore, for a long-term need, relying more on equities helps. One may use it to invest a portion of the funds earmarked for the girl child's needs and not entirely depend on it.
 
This could apply even to those who have exhausted their annual Section 80C limit of Rs 1.5 lakh. Simultaneously, buy a pure term insurance to provide adequate life cover to the financial dependents. Understandably, for younger kids, the time duration for accumulating funds would be more compared to those nearing 10 years, but still SSY can be a part of one's portfolio 

Source:- The Economic Times

CADRE REVIEW OF POSTAL AND TELCOM ACCOUNTS GROUP A OFFICERS

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the first Cadre Review of Indian Posts & Telecommunications Accounts and Finance Service (IP&TAFS) with the following salient features:


(a) Reduction of the total strength of the cadre from 420 to 376.

(b) Creation of one Apex level post of Controller General of Communication Accounts (CGCA).

(c) Creation of one additional HAG+ level post taking the grade strength to 2.

(d) Creation of two additional HAG level posts taking the grade strength from 6 to 8.

(e) Creation of 18 additional SAG level posts taking the grade strength from 37 to 55.

(f) Reduction in JAG level posts from 111 to 90.

(g) Reduction in STS level posts from 198 to 86.

(h) Creation of 21 JTS level posts taking the grade strength from 67 to 88.

(i) Creation of 46 Posts to be operated as Reserves


Background:

Indian Posts & Telecommunications Accounts and Finance Service Group ‘A” was constituted in 1972 and caters to the Department of Telecommunications (DoT) and the Department of Posts (DoP).

In Department of Telecommunications, the IP&TAFS performs the functions of assessment and collection of license fee/ spectrum usage charges, spectrum auction, USO scheme monitoring and subsidy management, exchequer control, budgeting, accounting, pension disbursement, internal audit and finance advice. In the Department of Posts, the IP&TAFS is entrusted with the functions of finance advice, budgeting, tariff and costing, accounting and internal audit.

There has been a paradigm shift in the role of Department of Telecommunications as well as the Department of Posts in recent years. In the Telecom sector, the role of the Department of Telecommunications has transformed from primarily being a Service provider, Regulator and Policy maker into the present structure whereby the Department is primarily responsible for Policy making, Licensing and Universal Service Obligation. Receipts from Department of Telecommunications, primarily License Fee, Spectrum Usage Charges and Spectrum Auction Value constitute one of the largest source of non-tax revenue for the Government of India.

Similarly, the bundle of services offered by Department of Posts has undergone a quantitative and qualitative change and the Department has ventured into areas of retailing, banking, insurance, digitizing operations etc. Further, the audit mechanism in both the Departments needs to be strengthened.

These facts coupled with the stagnation in various grades of the service necessitated a review of the structure of IP&TAFS.

Source:-CHQ