Wednesday, December 5, 2012
Monday, December 3, 2012
Check your cheque status, only those in new format will be honoured from January 1
Add one more item — get a new cheque book — to your list of 'things to do' before the New Year. You may not be able to use your old cheques from next year with the implementation of the new Cheque Truncation System (CTS-2010), which will eliminate physical movement of cheques for clearing. Instead, only their electronic images, along with key information, will be captured and transmitted. It will make the clearing process more efficient, secure and quicker; but for that, you must switch to new cheques with prescribed standard features before December 31.
"Customers need not worry about the impending CTS implementation. I am sure they will not be inconvenienced due to the migration process. Some transitory period, from January 1 to March 31, could be given during which both types of cheques will be accepted. Banks are sending messages to customers now so that they comprehend the urgency and act upon it," says AC Mahajan, chairman, Banking Codes and Standards Board of India(BCSBI).
Proposal of raising the retirement age of government employees..!
Is raising retirement age of Central Government Employee a threat for employment prospects of youth ?
At the end of Every Year people used to talk about the proposal of raising the retirement age of government servants. Normally the people who are at the verge of retirement from government service are eagerly expecting the government to increase the retirement age. The Government servants especially those who are in the pay structure of Pay band –I will have to face financial burden as the Pension amount they will be paid after commutation will be very meager and it is not sufficient enough to meet their expenses of day to day life. Because the Government employees those who are drawing grade pay of Rs.1800/-, 1900/-, 2000/-, 2400/-and 2800/- will get only around Rs.20000 as the gross salary of every month. It is understood that one cannot lead a financially successful life with this income alone. So many government servants, to run the life, forced to avail loans from where ever they can get. At the end, they are badly in debt at the time of retirement.
That is why the government servants don’t feel happy about retiring from service. But extending the service of two years from 60 to 62 will not solve all their problems. It will help them to put off facing the financial crisis for at least two years. But the Government does not consider this aspect any way to increase the retirement age of central government employees from 60 to 62.
Wednesday, November 28, 2012
SB Order 16/2012
- Purchase of NSCs by an Adult on behalf of a Minor - A clarification
It was clarified by SB Order no 16/2012 released 0n 16.11.2011 that NSCs can be purchased by an Adult in the name of a Minor irrespective of any relation.
Click here to view SB order no 16/2012.
ID Proofs Compulsory During Train Journey in All Reserved Classes from 1st December 2012
With effect from 01.12.2012, one of the passengers booked on a ticket for undertaking journey in any reserved class will have to produce any one of the prescribed proofs of identity failing which all the passengers will be treated as travelling without ticket and charged accordingly.
From January 2013 existing bank Cheque to become Trash
Come January your cheque books would become a useless piece of paper: Reason, the existing non-uniform standard of cheques would be taken over by standard uniform Cheque Truncation System (CTS-2010).As per the direction of the RBI all the banks operating in India including in J&K have been asked to disband the existing cheques and adopt the CTS-2010. The non-CTS-2010 cheques would be phased out by December 31, 2012 and the new standard cheques would come into operation from January 1, 2013.
PLI/RPLI CREDIT CERTIFICATE IN HOS AND SOS
TOTAL VIEWER SOFTWARE
A small reporting tool named Total Viewer developed by Sivakumar N. This tool will be very helpful for generating PLI/RPLI credit certificate in HOs and SOs, to know the dispatch details of registered article, etc.
Download Link
Courtesy : Sivakumar N.
System Administrator
O/o Postmaster, Karunagappally
Kollam Division PIN 690518
Email : sivakumarn007@gmail.com
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