|
Name of scheme
|
Period
|
Up To
30/11/11
|
w.e.f 1/12/11
|
w.e.f
1/4/12
|
w.e.f
1/4/13
|
|
Savings Account
|
General
|
3.50%
|
4.00%
|
4.00%
|
4.00%
|
|
Time Deposit
|
I yr
|
6.25%
|
7.70%
|
8.20%
|
8.20%
|
|
2 yr
|
6.50%
|
7.8%
|
8.30%
|
8.20%
|
|
|
3 yr
|
7.25%
|
8.00%
|
8.40%
|
8.30%
|
|
|
5 yr
|
7.50%
|
8.30%
|
8.50%
|
8.40%
|
|
|
R D
Dn.Rs.10/-
|
5 yr
|
7.50%
728.90
|
8.00%
738.62
|
8.40%
746.51
|
8.30%
744.53
|
|
M I S
|
5 yr
|
8.00%
(6 Yr)
|
8.20%
|
8.50%
|
8.40%
|
|
S C S S
|
5 yr
|
9%
|
9.00%
|
9.30%
|
9.20%
|
P P F
|
15 yr
|
8%
|
8.6%
|
8.80%
|
8.70%
|
|
NSC VIII Issue Dn.
Rs.100/-
|
5 yr
|
160.10
(6 yr)
|
150.90
8.4%
|
152.35
8.6%
|
151.62
8.5%
|
|
NSC IX Issue Dn.
Rs.100/-
|
10 yr
|
NIL
|
234.35
8.7%
|
238.87
8.9%
|
236.60
8.8%
|
Tuesday, April 9, 2013
SAVINGS BANK INTEREST RATES AT A GLANCE
Six things to know about tax deducted at source
1. TDS is the tax paid by individuals on certain types of incomes. The deductor, or the person paying the income, deducts the tax and pays the balance to the deductee, or the one receiving the income.
2. The types of income which invite TDS include salary paid to employees, interest on bank deposits and bonds, winnings from lotteries and horse races, etc.
3. TDS is deductible at various rates specified by the government. There may be a threshold listed for different types of incomes, and TDS may be levied only above this limit.
4. The deductor issues a TDS certificate to the deductee, giving details of the tax cut. It is treated as tax paid by the deductee on income earned, and adjusted against income taxpayable for the year while filing the return.
5. The responsibility of deducting tax at source and depositing it with the government lies with the deductor. The TDS should be deposited within a week of the end of the month in which the deduction is made.
6. The returns for the TDS must be filed by all deductors every quarter on the prescribed forms. The respective due dates for filing of returns are 15 July, 15 October, 15 January and 15 May.
Source : The Economic Times
Declaration of Holiday on 14th April, 2013 - Birthday of Dr. B.R. Ambedkar.
MOST IMMEDIATE
F. No.12/4/2013-JCA-2
Government of India
Ministry of Personnel, Public Grievances 86 Pensions
(Department of Personnel & Training)
North Block, New Delhi
Dated the 8th April, 2013.
OFFICE MEMORANDUM
Subject: Declaration of Holiday on 14th April, 2013— Birthday of Dr. B.R. Ambedkar.
It has been decided to declare Sunday, the 14th April 2013, as a Closed Holiday on account of the birthday of Dr. B.R. Ambedkar, for all Central Government Offices including Industrial Establishments
throughout India.
2. The above holiday is also being notified in exercise of the powers conferred by Section 25 of the Negotiable Instruments Act, 1881 (26 of 1881).
3. All Ministries/Departments of Government of India may bring the above decision to the notice of all concerned.
Sd/-
(Ashok Kumar)
Deputy Secretary to the Government of India
2309 2589
To view please Click Here.
Dearness Allowance from January 2013 - 6th CPC Recommendations on merger of 50% Dearness Allowance...
"No any recommendation in 6th CPC Report on merger of 50% Dearness allowance with basic pay at any stage"...
Dearness Allowance from January 2013 - 6CPC Recommendation
As of now nobody knows the correct reason why the government is delaying the approval of DA hike from January 2013. Actually the delay in announcing the dearness allowance helps the people speculate more about the Governments Plan about whether the 50% DA will be merged or not.
As per the 6CPC recommendation accepted by the government, the Dearness Allowance supposed to be enhanced from 1st January of every year has to be paid with salary of month of March. The 6 CPC was very much clear about two things; first one is the formula for calculating the quantum of DA to be paid to central government employees and its frequency. Second one is on Merger of 50% Dearness allowance with Basic pay by converting it as dearness Pay
Sixth Pay Commission recommendation on Merger of 50% Dearness Allowance and sanctioning of DA to central government employees
Saturday, April 6, 2013
DBAnalyzer dated 02/04/013 for Sanchay Post
DBAnalyzer has a new feature to generate a consolidated report of all discrepancies in the database. Unzip the additional exe & all the DLL files included in the DBAnalyzer zip file and copy to the DBAnalyzer folder.
NOTE: Generation of Consolidated Report is a TIME CONSUMING PROCESS. All offices are advised to generate this report after completing the daily routines like DAY-END process, Database Backup, etc.
Download : http://tamilnadupost.nic.in/sdc/xfiles/DBAnalyzer.zip
INTEREST TABLE W.E.F 01.04.2013
RD Maturity Value for Denomination of Rs.100
Maturity Value before 01.12.2011
|
Maturity Value w.e.f 01.04.2012 to 31.03.2013
|
Maturity Value w.e.f 01.04.2013
|
Interest @ 7.5 %
|
Interest @ 8.4 %
|
Interest @ 8.3 %
|
Rs. 7289/-
|
Rs. 7465/-
|
Rs. 7445/-
|
RD Maturity Value for Denomination of Rs. 100/-
in case of extension after 5 Years
Maturity Period
|
Interest @ 8.40 %
01.04.2012 to 31.03.2013
|
Interest @ 8.30% w.e.f 01.04.2013
|
5 Years
|
7465
|
7445
|
6 Years
|
9368
|
9338
|
7 Years
|
11436
|
11392
|
8 Years
|
13682
|
13622
|
9 Years
|
16124
|
16044
|
10 Years
|
18777
|
18672
|
Monthly Interest before 01.12.2011
|
Monthly Interest w.e.f 01.04.2012 to 01.04.2013
|
Monthly Interest w.e.f 01.04.2013
|
Interest @ 8.0%
|
Interest @ 8.5%
|
Interest @ 8.4%
|
Rs. 1000/-
|
Rs.1062/-
|
Rs.1050/-
|
Maturity Value before 01.12.2011
|
Maturity Value w.e.f 01.04.2012 to 31.03.2013
|
Maturity Value w.e.f 01.04.2013
|
Interest @ 8.0%
|
Interest @ 8.6%
|
Interest @ 8.5 %
|
Rs. 16010/- (6 Year)
|
Rs.15235/- (5 Year)
|
Rs.15162/- (5 Year)
|
NSC 10 Year Maturity Value for Denomination of Rs.10000/-
Maturity Value w.e.f 01.04.2012 to 31.03.2013
|
Maturity Value w.e.f 01.04.2013
|
Interest @ 8.9%
|
Interest @ 8.8%
|
Rs.23887/-
|
Rs.23660/-
|
Interest @ 9.3%
|
Interest @ 9.2%
|
Quarterly Interest w.e.f 01.04.2012 to 31.03.2013
|
Quarterly Interest w.e.f 01.04.2013
|
Rs.2325/-
|
Rs.2300/-
|
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