0 Validity of Cheques reduced from 6 months to 3 months wef 01.04.2012

Bankers' cheques and other monetary instruments will have only a three-month validity beginning April 1, 2012, instead of the existing six months, a Reserve Bank of India (RBI) communique has said.The change is a consequence of an RBI notification on November 4, 2011.Cheques, drafts and pay orders will have a validity for three months from the date they've been drawn. Those having cheques and other monetary instruments with six-month validity before April 1 will have to remit them before this date, when the expiry of the validity will...

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0 Union cabinet approved release of 7% DA from 1.1.2012

The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both dearness allowance and dearness relief...

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0 Ministry of finance issued orders granting one Increment on 1.1.2006 to those Employees whose date of increment was between February and June 2006

Ministry of finance issued orders granting one time measure Increment on 01.01.2006 for all officials whose Increment fell due between February and June 2006. All Govt Employees as on duty on 1.1.2006 and whose date of increment was between February and June 2006 would be now given an increment in the pre revised scale of pay as "one time measure" and then again another increment on 1.7.2006. All such officials whose pay will be refixed wef 1.1.2006 will get arrears and officials who retired after 1.1.2006 will get their pension revised...

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0 Government revises GPF Interest Rate to 8.6% from 1.12.2011

(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)F.NO. 5(1)-B(PD)/2011Government of IndiaMinistry of Finance(Department of Economic Affairs)New Delhi, the 19th March, 2012RESOLUTIONIt is announced for general information that during the year 2011-2012, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight per cent) for the period from 1.4.2011 to 30.11.2011  and 8.6% (eight point six percent) with effect from 1.12.2011.The funds concerned ar...

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0 Postal services including Speed Post will not attract service tax - Proposed in Union Budget 2012-13

While proposing  increase of  service tax from the present 10% to 12% in the Union Budget 2012-13, the Finance Minister has proposed exemption of some services from levying of service Tax. The details of such services exempted from levying of  12% increased service Tax are included in the Negative list of Services. At present, the service tax is levied on the basis of a positive list, meaning that the tax is levied on the specified services only. According to the negative list, postal services, including Speed Post provided...

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0 Payment of Speed Post Delivery incentive to postmen

Copy of Business Development & Marketing Directorate letter No. 57-01/2005-BDD&MD dated 12th March, 2012 is reproduced below. This is regarding payment of Speed Post Delivery incentive to postmen in the Circles. 2. It has been brought to the notice of this office that there is huge Pendency in the payment of Speed Post Delivery incentive bills pertaining to Postmen in Circles. In this regard, a kind reference is invited to BD&M Directorate letter No. 57-01/2005-BDD dated 17.06.2005 wherein clear...

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0 Rule -38 Transfers in PA cadre of Vijayawada Region

The following transfers under Rule-38 of Postal Manual Volume-IV  in the cadre of Postal Assistants (under DR quota) are ordered by the Competent Authority with immediate effect vide PMG Vijayawada memo no No.ST-I/Rule-38/PA/DR(S)/2011    dated 16-03-2012...

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0 2012-13 వార్షిక బడ్జెట్‌లోని ముఖ్యాంశాలు

కేంద్ర విత్తమంత్రి ప్రణబ్ ముఖర్జీ శుక్రవారం 2012-13 సంవత్సరానికి గాను వార్షిక బడ్జెట్‌ను ప్రవేశపెట్టారు. ఇందులో 2012-13 బడ్జెట్ మొత్తం వ్యయం అంచనారూ.14,19,925 కోట్లుగా ప్రకటించారు. ఇందులో 2012-13 ప్రణాళిక వ్యయంగా రూ.5,21,025 కోట్లు, ప్రణాళికేతర వ్యయం రూ.9,69,900 కోట్లు, 2012-13 సంవత్సరానికి ద్రవ్యలోటు అంచనా 1,85,752 కోట్లుగా అంచనా వేశారు. అయితే పన్ను వసూళ్లలో రూ.32వేల కోట్ల తగ్గుదల కనిపించనుంది. ఈ బడ్జెట్‌లో ద్రవ్యలోటు 5.9 శాతంగా ఉండగా, 2011-12...

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0 Income Tax exemption limit raised to Rs 2 lakh.

The exemption limit for the general category of individual taxpayers has been enhanced to Rs. 2,00,000 from Rs. 1,80,000 in the General Budget 2012-13, presented by the Union Finance Minister Shri Pranab Mukherjee in the LokSabha here today. This measure will provide tax relief uptoRs. 2,000 to every taxpayer in this category.  The Finance Minister, Shri Mukherjee introduced the DTC (Direct Taxes Code) rates for personal income tax, marking progress in the direction of movement towards DTC and GST (Goods and Services Tax).                ...

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0 Surplus Qualified LGO Candidates - Allotment of Divisions

 Circle Office, Hyderabad has issued allotments to the following surplus qualified candidates of LGO Examination held on 16-10-2011 vide Memo.No.RE/2-2/2011 dated 15-03-2012.                                   . Sl.No. Name of the candidateS/Shri Division to which belongs. Division to which allotted. 1. G.N. Koti Reddy Guntur Narasaraopet 2. S.V. ...

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0 Employees' Provident Fund rate lowered to 8.25% for 2011-12

The Finance Ministry has given its nod for the Labour and Employment Ministry to fix the rate of interest payable to Employees Provident Fund subscribers at 8.25 per cent for 2011-12, instead of at 9.5 per cent paid in 2010-11.The decision was taken in keeping with the finances of the Employees' Provident Fund Organisation, which manages the PF fund, a senior official said.“They are paying from the interest they get from what they invested two or three years ago in financial institutions. So what is reflected now to the PF subscribers relates...

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0 Performance Related Incentive Scheme (PRIS) for Central Govt Employees

The Sixth Central Pay Commission has recommended the introduction of new performance based pecuniary benefit, over and above the regular salary, for Government employees. The benefit will be called Performance Related Incentive Scheme (PRIS) and will be payable taking into account the performance of the employees during the period under consideration. The recommendation has been accepted by the Government. Guidelines are being worked out through inter-departmental consultation. This was stated by the Minister of State for Ministry of...

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0 Minutes of the meeting of Committee on Cadre Restructuring of MMS Staff

A committee comprising of following members constituted by Secretary Post vide Directorate letter No. 01/01/2011 –SR dated 20.01.2012 on the Cadre Restructuring of MMS Staff met on 12.03.2012 and 13.03.2012 in the office of the Chief Post Master General, A.P. Circle, Hyderabad.1. Ms. K. Sandhya Rani, PMG (BD) - Chairperson2. Director (MV) -Member-Official Side3. Sri Giri Raj Singh - Member Staff Side4. Sri D. Theagarajan -Member –Staff Side1. Chairperson welcomed the Committee members....

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0 Mechanism to Lodge on line Complaints

For on-line lodging of grievances in general by members of public, Department of Administrative Reforms & Public Grievances has set up a web-based portal called Centralised Public Grievances Redress and Monitoring System (CPGRAMS), enabling citizens for lodging grievances from any geographical location and also viewing the status of redressal of the grievances. The Public Grievances portal can be accessed at http://pgportal.gov.in...

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0 Secheme for Engagement of GDS on Compassionate grounds-Merit points and Revised selection procedure

Copy of D.G. Posts letter no No. 17-17/2000-GDS dated 09Mar 2012on the above subject matter is reproduced below. A reference is invited in this Directorate letters of even number dated 14 Dec 2010 and 01 Aug 2011 vide which the scheme for engagement of GDS on compassionate grounds with merit points & procedure for selection as modified was circulated and made effective for all the compassionate engagement cases to be considered on or after 01.01.2011.2. The scheme has recently been reviewed in this Directorate and...

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0 List of officials promoted to the cadre of APM Accounts (LSG) - orders isuued by the Circle Office

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2 Announcement of Inspector Posts exam Result

It is ascertained that Directorate will  take some more time to announce the result of Inspector Posts Examination 2011. Though everything is ready to announce the result, it could not be announced because of allowing of Postmaster Grade I cadre officials to write the examination erroneously by some of the circles and the Directorate is examining the various options to avoid the possible CAT / Court cases before announcement of the resu...

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0 Revised recruitment rules for HSG I & HSG I adhoc arrangements

UPSC has approved revised recruitment rules for HSG I. after several rounds of discussions with the  officers of India Post. The Department of Posts has fulfilled the requirements of the UPSC. Now the file may go to Law Ministry .After that our Department will issue gazette notification notifying the revised recruitment rules for HSG I.Department of Posts has approached DOPT for approval of adhoc arrangements for HSG I. Approval is expected with in a week and formal orders likely to be issued shortly....

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0 Proposed new postal security standards for International Mail

The UPU’s official bodies, the Council of Administration and the Postal Operations Council, last week endorsed a proposed resolution on minimum security standards for international mail. The proposal will be put forth for formal adoption by UPU member countries at the 25th Universal Postal Union Congress in Doha, Qatar, in September/October 2012.   If approved, the proposed standards would force Posts worldwide to apply measures to better screen international mail and take custody of it. Posts would have to apply minimum security standards...

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0 120 days Advance Rail reservation from 10.03.2012

You can book your rail ticket 120 days in advance from Saturday i.e.10.03.2012. The Ministry of Railways has decided to increase the reservation period for train tickets from the existing 90 days to 120. On Saturday, reservation opened for all trains starting from July 8. It is expected that the four-month advance reservation period will help the commuters who travel during festivals or summer vacation period. To ensure transparency in the Tatkal booking period, recently the railway has reduced the Tatkal booking period from 48 hours...

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