Cental Government decides to withdraw tax on Provident Fund

"Prime Minister has recommended the Finance Minister to stop the tax on the PF withdrawals, and to conduct a thorough study on this."

Centre decides to withdraw tax on Provident Fund

News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly.

SEVENTH PAY COMMISSION: GOOD NEWS! GOVT WON'T SCRAP EXISTING FACILITIES, ALLOWANCES

New Delhi, Mar 4: After dropping enough hint that Government is all set to implement the recommendations of Seventh Pay Commission soon, here is yet another good news for central government employees.

According to Finance Ministry sources, Government won't be making any changes in the existing advances and facilities, enjoyed by Central government employees. Pay commission had suggested abolition of many privileges and facilities including risk allowance, small family allowance, festival advance and motor cycle advance etc in its recommendations.

7th pay calculations

“Our 7th CPC Pay and Allowances Calculator is a simple tool for finding new basic pay and allowances of Central Government employees as per the recommendations 7th CPC as on 1.1.2016.”

Three months have passed since the 7th Pay Commission submitted its recommendations to the government, but still little bit confusion persists in using of our calculator. So, we have to explain how the calculator is working and how to calculate with this tool.

ABOLITION OF INTERVIEW FOR GROUP C AND D SERVICES

Press Information Bureau 

Government of India

Ministry of Personnel, Public Grievances & Pensions

03-March-2016 18:39 IST 

Abolition of Interview for Group C and D Services

The Central Government has decided to dispense with the interview for all Group C (including Group D) and non-gazetted Group B category in Central Government by 31.12.2015.

Accordingly, instructions have been issued to the Staff Selection Commission mandated with the recruitment of mainly Group B (Non-Gazetted) and Group C (Non-technical) posts in the Central Ministries/Departments to discontinue the interview in all mandated recruitments commencing from 1.1.2016.

DOP CORE BANKING SOLUTION FREQUENTLY ASKED QUESTIONS

Click here to view, Common issues on RD/PPF/NSC user guide and FAQ 

All post offices to be computerised by 2017

India Posts is the largest postal network in the world and provides access to affordable services to all citizens in the country through its vast network. Out of 1.55 lakh post offices, 1.39 lakh are in rural areas and the remaining 15,736 in urban areas.

Over 1.55 lakh post offices in the country would be computerised by next year with an outlay of Rs 4,909 crore under the IT Modernisation Project of the Department of Posts. "At present, the project is at implementation stage and is likely to be completed by 2017," the Economic Survey 2015-16 tabled in Parliament today said.

AUTOMATIC CREDIT FROM SB ACCOUNTS IN FINACLE FOR 10 RUPEE DENOMINATION

Content:

In Post Offices especially BOs, for each RD ten rupee denomination accounts monthly deposits are being made with separate pay-in-slips resulting increases the work load of official. Hence, I am directed to inform you to instruct all the account holders to apply for automatic credit from their SB accounts for such ten rupee denomination RD Accounts.

Please see the order copy below

Data Centre Facility IT modernisation Project

IMPLEMENTATION COMMITTEE WORKING ON 7TH CPC, NOTIFICATION LIKELY IN APRIL

The implementation committee formed to review 7th CPC report is working on it. It requested all dept.s to send comments within 17th Feb but unfortunately the response has not been very satisfactory.

The committee urged to send the comments immediately vide their letter dated 15th Feb.

GUNMEN TRYING TO ROB POST OFFICE, OPEN FIRE, INJURED GUARD

An employee of Gauripur post office was injured inside his office in lower Assam's Dhubri district this evening when gunmen opened fire in a bid to rob the post office, the police said.

The two assailants went to the post office around 6.30 PM when its Post Master Rabindra Kumar Biswas was counting the day's collection of small savings before depositing the amount in the nearby sadar police station, they said.

PROMOTION PROCESS TO THE CADRE OF POSTMASTER GRADE II FOR 2016-17 VACANCIES- TN CIRCLE

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.

INDIA POST RIDES E-COMMERCE WAVE AS VILLAGERS BUY ONLINE

Indian postman Ratan Lal (L) riding a bicycle as he delivers a parcel to a customer in a village in the Rajasthan district of Neemrana, January 21, 2016. (AFP)

With his rickety bicycle and sackcloth mail bag, 62-year-old Indian postman Chet Ram does not look like a worker at the vanguard of an e-commerce revolution delivering everything from mobile phones to cow manure.

He pedals miles each day in Rajasthan, ferrying packages to villages, and takes payments in cash because most of his customers do not have bank accounts, let alone credit cards.