POSB Interest Calculator Ver 3.1.0 ( Updated on 01/08/2013)

Futures: RD/All TD/MIS/SCSS/SB/PPF etc. 

1. Calculate premature closure./Claim Closure

2. Calculate maturity closer with extended period.

3. PMI Calculation.

4. Loan Interest Calculation for RD/PPF accounts

5. with all relevant rules./ Comparison view

Download :  Link 1  Link 2

Developed By

Sri. Rajeev Sharma PA(SBCO)

Kullu HO 175101

Source: sapost

Inspector Posts Examination 2013.... vacancy position

Circle	OC	SC	ST	TOTAL
Bihar	05	03	-	08
Odisha	02	02	01	05
Punjab	02	0	02	04
TN	12	11	-	23
Chhattisgarh	04	02	-	06
Maharashtra	23	04	-	27
Rajasthan	07	-	-	07

POST BANK OF INDIA

Eventhough full details of the proposed Post Bank of India is not made public, it is learnt that

(1) Post Bank will be a public sector Bank under the control of Department of Posts as a subsidiary organization. It will function as a Bank separately, just like any other public sector Banks. All Banking Rules and Regulations will be equally applicable to Post Bank also.

(2) Recruiting personnel for running the Bank will be done in the same manner as being done by public sector Banks. Open market recruitment will be made. Existing Postal Employees will not be considered for appointment in the Post Bank.

(3) The Post office Savings Bank will remain as it is and do business as is being done now. Post Bank will be a separate entity.

(4) Full details are yet to be published.

(M. Krishnan)

General Secretary

Relay Hunger Fast before Circle / Regional offices from 05-08-2013 to 08-08-2013 Deferred.

All the Circle / Divisional/ Branch Secretaries of All India Postal Extra Departmental Employees Union. All India Office Bearers

 Dear Comrades.

Department assured in writing for considering our Demands positively. Relay Hunger Fast  programme before Circle / Regional offices from 05-08-2013 to 08-08-2013 Deferred.

Further communication will be intimated soon.

POSTMASTER’S CADRE

Consequent on granting permission by the DOP&T to fill up HSG-I vacancies as per existing recruitment rules, HSG-II officials with three year service are considered for HSG-I promotion. But the Postmaster Grade II officials with minimum five years service are only considered for PM Grade-III promotion as per the Postmaster Grade Recruitment Rules approved by DOP&T. This DISCRIMINATION was brought to the notice of the Directorate by AIPEU Group ‘C’ (CHQ) earlier. On 02.08.2013, detailed discussion was held with Member (P), Postal Services Board. It is informed that Directorate has already called for the detailed particulars, from Circles. On receipt of information the case will be submitted to DOP&T for RELAXATION of five years to three year at par with HSG II officials.

Source: AIPEU P3 CHQ

SB Aptitude Test - The Revised syllabus and Pattern

Paper – I

Marks-100

Time-2 Hours

Total No. of Questions-50

Qualifying Marks:- 50%

The examination will be held with the aid of books approved by the department

All the questions will be objective type with four options

The candidate has to choose the correct option as per his knowledge and quote the rule from the books approved for the examination to support his/her decision

All Postal Assistants who have completed one year’s service on 30th June or 31st December of the year in which test is conducted shall be eligible to appear

Test will be conducted twice in a calendar year i.e in the month of February and August

Syllabus

(1)  Government Savings Bank Act 1873 (amended from time to time)  (2) Government Savings Certificates Act 1959 (amended from time to time)

Probation period of PA/SA

Directorate vide memo No. 60-3/2013-SPB-I dated 8/7/2013 has clarified that ás per revised Recruitment Rules for the post of Postal Assistant / Sorting Assitant notified on 3rd November 2011, the period of probation is the same i.e. two years but the provision of Examination for confirmation has been discontinued and clearance of probation period is to be decided by the Departmental Promotion Committee (DPC). It is also clarified that who have not yet cleared the confirmation test may not be subjected to confirmation examination but may be assessed for clearing their probation after taking into consideration their performance during the induction training, the special report /ACRs and any other relevant input. If they are not found up to the mark, their probation period may be extended as per the Government's instructins. In such cases, PAs/SAs shall be considered for clearance of probation period from a prospective date and not with retrospective effect.

New Rules of filing Tax returns

The tax authorities have introduced several new guidelines for filing returns this year. Find out how these changes are likely to impact you.

First they made it compulsory for businesses to e-file their tax returns. Then they made it mandatory for taxpayers with incomes of over 10 lakh to take the online route. This year, the income tax authorities have cast a wider net and made e-filing compulsory if your taxable income is above 5 lakh a year.

The lowered threshold represents one of the key changes in the tax filing rules this year. Some of these are mere tweaks, such as mentioning your bank's IFSC number, instead of the MICR code, in the return. However, some of these variations are tectonic, such as the mandatory e-filing for incomes above 5 lakh a year. In the following pages, ET Wealth explains the new rules and how they will affect the way you file your tax return this year.

EXEMPTION FROM FILING ITR (INCOME TAX RETURN) NOT EXTENDED THIS ASSESSMENT YEAR 2013-14 – CBDT

Income Tax Department issues press release to clarify that unlike previous year Salaried Employees with Total Income up to Rs.5 lakhs too have to file ITR (Income Tax Return) this year viz., Assessment year 2013-14.

The full text of Press Release issued by CBDT (Cenral Board of Direct Tax) is as follows:

PROMOTION ORDER OF LSG (ACCOUNTANT) - TN Circle