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. 

Railway Recruitment Board (RRB) Public Notice regarding the mandatory requirement of Aadhaar Number in future Railway Recruitments.

Notification : Click Here

Restrictions on cash withdrawals may continue beyond December 30

HIGHLIGHTS

• RBI, Currency printing presses have not been able to keep pace with demand of new notes.
• Banks are not in a position to disburse even current limit of Rs 24,000 per week.
• Finance Secretary had said withdrawal cap would be will be reviewed after December 30.

NEW DELHI: Restrictions on withdrawal of cash from banks and ATMs are likely to continue beyond December 30 as currency printing presses and RBI have not been able to keep pace with the demand of new currency notes.

FAQ on Specified Bank Notes – Emergency needs of cash then what I should do?

I have emergency needs of cash (hospitalisation, travel, life saving medicines) then what I should do?

Till the December 15, 2016, specified banknotes of only 500 denomination can be used as under:—

Goa will be First State to go Cashless from December 31, 2016

Highlights

While cash transactions are not being banned, the move is to encourage a cashless society. 

People will be able to buy perishables such as fish, meat, vegetables or anything else at the press of a button on their mobile.

PANAJI: Goa is likely to become the first state in India to go cashless from December 31, as people will be able to buy perishables such as fish, meat, vegetables or anything else at the press of a button on their mobile. 

SUGGESTION TO ELIMINATE ALL THE MONEY LAUNDERING IN SINGLE STROKE - ACKNOWLEDGEMENT COPY FROM THE PRIME MINISTER OFFICE FOR THE SUGGESTION

Dear honorable Prime Minister ji.... 

I am glad to see the honorable PM initiatives to stop the money laundering. 

To get full stop for that I am Proposing ACDC (Adhar cum Debit Card) Act -implementation to curb out all black money and fake currencies in single stroke... 

Already suggestion was given vide PMOPG/E/2016/046598 What is ACDC? ADHAR cum DEBIT card procedure has to be followed instead of present currencies. 

AIAPS(GL) CONVEYS ITS APPRECIATION TO TAMILNADU CIRCLE NFPE/FNPO UNIONS!!!

Dear Tamilnadu Circle NFPE/FNPO office bearers and Circle Secretaries....

             We should appreciate your all sincere efforts rendered to get nearly 200 members Rule 38 transfer to go to their willing places. This association conveys its special wishes to your dedicated efforts towards the betterment of Postal Assistants cadre.

           Because of that Nearly 200 Postal Assistants are benefited and it offered them to be with their loving family and children. 

Convert NPS to Old Pension Scheme - O.A. allowed - applicant deemed to have been appointed from the date of vacancy arosed

In the OA No. 180/00020/2015 filed before hon. CAT Ernakulam Bench (Kerala Circle) , Applicants are directly recruited Postal Assistants, appointed in the year 2005 against the vacancies arose in the year 2002. They are aggrieved by not including them in the statutory pension scheme under the CCS (Pension)

Hon. CAT, Ernakulam Bench (Kerala Circle) in OA No. 180/00020/2015 dated 15.02.2016, allowed the O.A as no other third party interest is put in jeopardy and as the applicants will not be eligible for other benefits like pay for the aforesaid period. Hence it is declared that the applicants are deemed to have been appointed from the date the vacancy arose and that they shall be included in the CCS (Pension) Rules 1972. Respondents are directed to collect necessary subscription under the Provident Fund Rules and the contributions collected from the applicants under the new pension scheme shall be credited to their general provident fund account. It is made clear that no other financial benefits including increments and backwages have been granted to the applicants for the aforesaid period.

ANOTHER BLOW TO CENTRAL GOVERNMENT EMPLOYEES

·       Festival Advance abolished.

·       More stringent conditions for MACP imposed and promotional scale hierarchy rejected.

·         No High Level Committee as assured by Cabinet Ministers.

02.09.2016 STRIKE POSITION OF POSTAL DEPARTMENT

Because of the Anguish had shown by the P3 P4 unions against the stand of call off the strike on July 11th 2016 and Postmaster cadre officials boycott on strike, Worked offices are more than closed offices.

Please click below the exact position of 02.09.2016 strike at Postal department.

POSB : Postal Savings Schemes,

Savings Account • Rate of interest 4% per annum • Minimum INR 20/- for opening. •  Account can be opened by cash only. •  Minimum balance to be maintained in a non-cheque facility account is INR 50/-. •  Cheque facility available if an account is opened with INR 500/- and for this purpose minimum balance of INR 500/-in an account is to be maintained. •  Cheque facility can be taken in an existing account also. •  Interest earned is Tax Free up to INR 10,000/-  per year from financial  year 2012-13. •  Nomination facility is available at the time of opening and also after opening of account.   •  Account can be transferred from one post office to another. •  One account can be opened in one post office •  Account can be opened in the name of minor and a minor of 10 years and above age can open and operate the account. •  Joint account can be opened by two or three adults. •    At least one transaction of deposit or withdrawal in three financial years is necessary to keep the account active. •    Single account can be converted into Joint and Vice Versa.  Minor after attaining majority has to apply for conversion of the account in his name. Deposits and withdrawals can be done through any electronic mode in CBS Post offices..  *Inter Post office transactions can be done between CBS post offices * ATM/Debit Cards can be issued to Savings Account holders( having prescribed minimum balance on the day of issue of card) of CBS Post offices.

Recurring Deposit Account

A Comparison of SB Account Charges in India Post V/s Nationalize Bank

At Present 22395 Branches of India Post are working on CBS Platform. We can say India Post has highest no. of branches than any Nationalize Bank. The SB account facility is provided by both India Post and Bank. There are various charges behind it. The following main charges are comprised here.

REVIEWING INEFFICIENT OFFICIALS

Central Government has since long been reviewing officials on grounds of performance and efficiency. Fundamental Rules, All India Services Rules and other Service Rules provide for retirement in public interest. Review of performance is a continuous process. While reviewing, all Ministries/Departments take into consideration the parameters such as the entire service record and performance of the officers. Each Ministry/Department is required to prepare and maintain a list of officers of doubtful integrity.

Under Rule 56(j) of Fundamental Rules, review is done at the age of 50/55 years for Group A and B officials and at the age of 55 years for others. As per the provisions of All India Services (Death cum Retirement Benefit) Rules 16(3), interalia, review is done on completion of 15/25 years of qualifying service or on attaining the age of 50 years as the case may be. The provisions for review have been reiterated from time to time, more recently in September 2015 and in April 2016.

Postal Department's deficit jumps 14% to Rs 6,259 crore in FY15

The deficit of Department of Posts (DoP) increased by 14.35 per cent to Rs 6,258.60 crore for fiscal 2014-15 due to increased staff costs.

The deficit stood at Rs 5,473.10 crore in 2013-14, the annual report of the department said.

Gross working expenditure stood at Rs 18,556.56 crore in 2014-15 as against Rs 16,796.71 crore in the preceding year.

WISH YOU VERY HAPPY TAMIL NEW YEAR TO ALL

Multi Faceted Post Offices - Lok Sabha Q/A

Qn. No    : 3146
Date        : 16.03.2016
Ministry : COMMUNICATIONS AND INFORMATION TECHNOLOGY
Member : AJAY (TENI) MISRA
Subject   : Multi Faceted Post Offices

WOMEN'S DAY WISHES

PIB clears India Post's Rs 800 crore proposal for payments bank

NEW DELHI :The Public Investment Board has approved the Rs 800-crore proposal from India Post for setting up a payments bank and it will be placed before the Cabinet within a month for final approval. 

PIB, under the Finance Ministry, whets the investment proposals by state-run entities.

"The PIB meeting has been held on January 19 and the proposal has been approved. The recommendations of PIB will now be placed before the Cabinet for final approval," a senior official of Department of Post (DoP) told PTI.

BEST WISHES FOR THE SELECTED IP/ASPs in AIC JAIPUR

Vilas Ingale GS with Shri S. Nandakumar CS and Shri Ajith Kurian Ex-CS and now OGS-III

Entering into any financial transaction – Are you required to disclose PAN?

By Shalini Jain 

One of the biggest agenda of the current Government is to curb black money menace in India and one of the step forward in this regard is the change made in the requirement of mandatory quoting of Permanent Account Number ('PAN") in designated financial transactions. 

The need for some pro-active measures to check the black money was highlighted by our Finance Minister in October 2015, wherein he had said "the bulk of black money is still within India. We thus need a change in national attitude where plastic currency becomes the norm and cash an exception".