Postal Department Plans 1000 ATMs in six states

The Department of Post (DoP) is on a technology upgrade drive. The department plans to set up 1,000 automated teller machines (ATMs) across six states —Assam, Uttar Pradesh, Rajasthan, Maharashtra, Karnataka and Tamil Nadu — as part of its ongoing modernisation drive, said Manjula Parasher, secretary, posts.

“We will start execution of our modern technology programme across six circles by the end of this year,” said Parasher. “This will help in people getting core banking facility etc. We plan to have 1,000 ATMs in a phased manner. The process for this will start by the year-end.”

 

REVISED ONE TIME INCREMENT CALCULATOR WITH STRIKE DEDUCTION

Dear Postmaster Grade Website viewers and friends....


STRIKE PERIOD DEDUCTION AMOUNT IS ALSO NOW INCORPORATED
                     Even strike period deduction is also now calculated to help the accounts line people and the official side to know the exact figure of one time increment Arrear amount calculation.  Latest One time Increment Calculator file is linked to this post. Kindly click the following link and then in the new window click the file menu and click download as and save the excel file on your hard disk as excel sheet. Then give your old fixation, New fixation and then the number of days you have participated strike.


Click here to get the one time increment calculator for those getting MACP on September 2008




Click here to get the one time increment calculator for those NOT getting MACP on September 2008

SENIORITY YEAR OF AVAILABILITY - CLARIFICATION

Banks to work full day on Saturday

 

 

NEW DELHI: In view of three holidays this week, public sector banks have been directed to function full day on Saturday, April 7.

 

The Finance Ministry has asked all public sector banks to function full day this coming Saturday instead of working half-day, official sources said. Usually, banks are open for public dealings between 10 am and 1 pm on Saturdays.

 

Confirming the development, a senior official of Indian Bank said the Finance Ministry has issued a circular in this regard. Banks were closed for public dealing on Monday. They will remain closed on April 5 on account of Mahavir Jay anti and again on Good Friday day on April 6. In effect, banks are closed for public dealings for three days this week.

According to the official, lenders are taking adequate measures to ensure that cash withdrawals from ATMs are not hit during the holidays.

However, transaction through bank branches cannot take place in these two days, the official added.

There would not be much of activity on corporate side either as they are also likely to observe holidays, the official added.

Source : http://timesofindia.indiatimes.com/

IPO EXAMS 2011 RESULTS RELEASED

RESULTS OF IPO EXAMS 2011 WERE RELEASED BY DIRECTORATE TODAY

TO SEE THE RESULTS PLEASE CLICK THE LINK BELOW

FOR RESULTS PLEASE CLICK THE LINK

Confusion over Bank Holiday on 5th April (Mahavir Jayanti)

There is a confusion whether it is a Bank holiday or not on 5th April,12 on account of "Mahavir Jayanti". Some newspapers and websites declared that 5th and 6th April, Banks will be closed for  "Mahavir Jayanti" and "Good Friday" and this news created lot of confusion to Bank employees and customers.

5th April is NOT a nationwide Bank Holiday. Bank branches in Chhattisgarh, Delhi, Haryana, Jharkhand, Madhya Pradesh, Punjab, Rajasthan, Tamilnadu, Uttar Pradesh and Uttaranchal will remain closed as a holiday on account of "Mahavir Jayanti".

In the rest of the country, the bank will operate normally.

It may be mentioned that 6th April, Good Friday is a nationwide holiday.

Courtesy:http://paycommissionupdate.blogspot.in

Payment of Dearness Allowance to Central Government employees

No. 1(1)/2012-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure
New Delhi, the 3rd April, 2012.

OFFICE MEMORANDUM

Subject:- Payment of Dearness Allowance to Central Government employees - Revised Rates effective from 1.1.2012.


   The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1 (14)/2011-E-II(B) dated 3rd October,2011 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 58% to 65% with effect from 1st January, 2012.

Compassionate Appointment - Clarification on regulation of conditions & Admissibility of various Allowances

Payment of arrears to Post-2006 retirees on account of pension/ Family Pension/ Gratuity and Leave

Encashment.

No. Fin (Pen) A (3)-1/09 Part-I 

Government of Himachal Pradesh 

Finance (Pension) Department

Dated: 26th March, 2012. Shimla-171002

Office Memorandum

Subject: - Payment of arrears to Post-2006 retirees on account of pension/Family Pension/Gratuity and Leave Encashment.

   In continuation to this Department’s O.M. No. Fin(Pen)A(3)-1/09-Part - I dated 14th February, 2012 on the subject cited above, the undersigned is directed to say that the Governor, Himachal Pradesh, is pleased to order the payment of entire balance amount of arrears (25%) of each element of pension / family pension / gratuity and leave encashment during the month of April, 2012.

Patch file released for New interest rate revision W.E.F 01.04.2012

New interest rate updation patch file is released by SDC chennai except for RD & NSC. For RD, NSC rate of interest revision patch file will be released soon


Click here to download the patch file