Tuesday, January 10, 2017

Obtain PAN or Form no 60 from account holders by Feb 28, 2017 - Income Tax Rules Amended

Press Information Bureau
Government of India
Ministry of Finance
08-January-2017 18:17 IST
Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.

Income-tax Rules have been amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017, if not already done. In this connection, it may be mentioned that RBI vide circular dated 15.12.2016 has mandated that no withdrawal shall be allowed from the accounts having substantial credit balance/deposits if PAN or Form No.60 is not provided in respect of such accounts. Therefore, persons who are having bank account but have not submitted PAN or Form No.60 are advised to submit the PAN or Form No. 60 to the bank by 28.2.2017.

2nd Anomaly Committee Meeting to be held on 11.1.2017

Second Meeting of the Anomaly Committee on the calculation methodology of the Disability Pension for Defence forces personnel as per the recommendations of the 7th Central Pay Commission

IMMEDIATE
MEETING NOTICE

F.No.11/2/2016-JCA(Pt)
Government of India
Ministry of Personnel, PG & Pensions
Department of Personnel & Training

North Block, New Delhi
Dated: 6th January, 2017
MEETING NOTICE

Subject: Second Meeting of the Anomaly Committee on the calculation methodology of the Disability Pension for Defence forces personnel as per the recommendations of the 7th Central Pay Commission.

Monday, January 9, 2017

Deputation of Postal Assistants to Directorate

Public Notice to obtain PAN number

Obtain PAN or Form no 60 from account holders by Feb 28, 2017 - Income Tax Rules Amended

Press Information Bureau
Government of India
Ministry of Finance
08-January-2017 18:17 IST

Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.

DoPT launches revamped website

"The Department of Personnel & Training is the coordinating agency of the Central Government in personnel matters, specially in respect of issues concerning recruitment, training, career development and staff welfare."

The Department of Personnel & Training, under the Ministry of Personnel, Public Grievances and Pensions is the coordinating agency of the Central Government in personnel matters, specially in respect of issues concerning recruitment, training, career development and employees welfare. The 'DoPT', is known by almost all the Central Government employees. There is probably any employee who hasn’t seen its website. 

Saturday, January 7, 2017

Display this notice know to Public about misbehavior in the Office Premises will leads to 3 years imprisonment

Inter SOL Transaction Limit Fixed in DOP Finacle

Dear All,

Inter SOL limit of RS.25,000/- is set in Finacle in transaction menus as part of preventive measures to prevent frauds

SB order was already issued by Directorate on this.
So, it validates the amount for inter SOL transactions
It should NOT check for cheque clearing 
If any SOL complaints about issue in cheque clearing due to inter SOL limit, please raise a ticket with service desk besides sharing screenshot

How employees can make full use of their Leave Travel Allowance?

In many organisations, the year-end holidays are a norm. In others, the employees apply for long leave in advance, well ahead of their travel schedule. And if the travel costs are reimbursed by the employer, nothing like it. 

Employees who are eligible for Leave Travel Allowance (LTA), as part of their Cost-to-Company (CTC), can claim reimbursement of expenses incurred on travel. This reimbursement is not included in taxable income subject to certain limits and conditions. LTA tax break can be claimed for travel of self and family members for journeys undertaken only within India. 

Friday, January 6, 2017

Further delay to the 7th CPC allowance committee implementation

7th Pay CommissionReliable sources indicate that the central government will announce higher allowances under 7th Pay Commission for the central government employees only after the completion of five states assemblies poll process, as the model code of conduct has come into effect from Wednesday.

The 7th pay commission has already submitted its report, the Committee on Allowances set up by the government is also ready with its reports, however the government is not willing to accept it now, its buying more time.  The Government may delay it till mid March or March end.