7th Pay Commission News – No indication on revision of Fitment Formula, pay matrix

                              

7th Pay Commission News – No indication on revision of Fitment Formula, pay matrix – NJCA reports on 7th CPC Empowered Committee’s possible proposal for slight increase in minimum pay but no consequential increase in Fitment Formula and entire pay matrix

7th Pay Commission News – NJCA has issued a communication to all its constituent member orgainisations indicating the expected recommendations of Empowered Committee on 7th Pay Commission report. NJCA has observed as follows

1. Slight Increase in Minimum Pay more than what was recommended by 7th Pay Commission

REVISED PROCEDURE TO PLEDGE CERTIFICATES IN DOP FINACLE

PLEDGE CERTIFICATES IN DOP FINACLE

HAFSM is command is used for Account Freeze in case of Death / Pledge / Court Order. HAFSM stands for A/c Freeze status Maintenance 

Menu Shortcut - HAFSM - A/c Freeze status Maintenance 

In Operator (PA)

A/C ID - Account ID
Freeze Code - Total Freeze

Freeze Type : Total
Freeze Reason Code - PLEDG (Fetch from Searcher)
GO
Submit

7th Pay Commission award, central government employees to get richer

                         

Central government employees will be richer in the coming months with the government planning to spend Rs 1.02 lakh crore on its employees.

The Empowered Committee of Secretaries on the 7th Pay Commission will make revision in the pay scales of the central government employees.

Although 48 lakh strong workforce and 52 lakh pensioner of central government come under the purview of 7th pay commission but the government doesn’t hesitate to give pay in hike to its employees.

The Empowered Committee of Secretaries will be making revision in the pay scale on June 11 on the inputs Implementation cell.

Retirement Age of Government Doctors to be raised – Prime Minister’s announcement in a public meeting – Cabinet Decision soon

To deal with the huge shortage of doctors, especially in rural areas, the government has raised the retirement age of non-teaching and public health specialists and general duty medical officers to 65 years.

“It’s difficult to make doctors in two years but poor families cannot be forced to live without them. Therefore…I want to tell my countrymen that this week our Cabinet will raise the retirement age for doctors to 65, instead of 60 or 62 in some states”, Prime Minister Narendra Modi said on Thursday at a political rally in Uttar Pradesh.

Vacancies in remote areas
Currently, in the Central Health Service, there are 22 vacancies of a sanctioned strength of 104 public health officials with 5 officials set to retire next year.

How to Speed Up Your Aging PC and When to Replace It

Computers: What would we do without them? Many of us take these devices for granted day in and day out, whether we use them to finish a presentation or watch a show on Netflix. Even though they’re marvelous machines, we still find reasons to get angry at PCs. Maybe the Internet is not fast enough or simple functions seem to lag. So the question is: Is it time to replace your computer? Or can you give it a boost and keep it for a few more months—or even years?

A computer is sort of like a car. Once you get one, you stick with it for a few years, until it breaks or something significantly better comes along. Unlike smartphones and tablets, which are typically replaced on a yearly or bi-yearly basis, PCs can last a lot longer in the current computing landscape. Before you go ahead and dump your aging PC, let’s break a few things down. Here we’ll primarily discuss laptops and desktops. And for the sake of the argument, we’ll include tablets in the notebook (or ultraportable category), though you can’t really mess with this particular type of product when it comes to replacing its innards. Read on to help make a judgment call about your PC.

Upgrading Laptops

One Billion Users and Counting, WhatsApp Extends its Lead

WhatsApp has been the world’s most popular messaging app for quite some time. Now, according to a research carried out by SimilarWeb, a Britain based digital market intelligence company, WhatsApp has more than one billion active users in the world. The study also revealed that, out of the 187 countries surveyed, WhatsApp was the leader in almost 109 countries including India, Brazil, Mexico, Russia, and many more. Well, that is about 55.6 percent of the world.

Facebook Messenger came in at second while Viber claimed third in the list of the world’s most popular instant messaging apps. Messenger was more popular than WhatsApp in about 49 countries which include the likes of Canada, Australia and the US. On the other hand, Viber has high popularity in Eastern European countries like Belarus, Moldova and Ukraine. In Ukraine, the app was installed in more than 60 percent of all Android devices, as of April 2016.

Procedure to solve transaction verification error - E4221 - Not authorized to verify part tran 1 in DOP Finalce

• When we try to verify the transaction in the supervisor login most often we will face the error  "E4221 - Not authorized to verify part tran 1 ".
• The detailed procedure to solve this error is mentioned below.

Scenario in which the said error Occurs ?

•   When both the entered user and verified user are same the said error will occur i..e, for example if a user say X entered the transaction then if the same user X tried to verify then the system will throw the error "E4221 - Not authorized to verify part tran 1 ".
•  Let us try to resolve such error I would like to quote real time example in the below procedure.

Step by Step Procedure to Solve the Above Error

7th Pay Commission report to be put up before Cabinet in June

7th Pay Commission report to be put up before Cabinet in June – 7th CPC implementation Notification to come at the earliest

Central government employees can expect to get some good news trickling in from government sources towards the end of June.

As per reports, the Finance Ministry is likely to table the 7th Pay Commission report to the Cabinet for approval in the last week of June.

The 7th pay panel headed by AK Mathur had recommended the minimum salary for central government employees at Rs 18,000 and maximum salary at Rs 2,50,000. As employees protested against the wage hikecalling it the “lowest ever” raise, the government set up the Empowered Committee of Secretaries group to review the AK Mathur-panel’s recommendations.

PROCESS OF ACCEPTING RD TRANSACTIONS OF MPKBY AND PRSS AGENTS IN BCP

Process of accepting RD Transactions of MPKBY and PRSS Agents in BCP

In case Agent Portal is not working or any MPKBY Agent give in writing that she is not knowing operation of Internet or Finacle is slow or not working, following procedure may be followed for accepting agent schedules in MS EXCEL:-

• Macro enabled excel sheet (format attached) has to be shared with the Agents. 
• For Cash Deposits, RD_Cash_Txn sheet is to be used, for deposit through POSB Cheque, RD_DC_Txn sheet is to be used and for deposit through other Bank Cheque, RD_NDC_Txn file sheet is to be used by agents.
• Below are the details which agent has to fill:-

Clarification Regarding Pension / Salary Credit In DOP Finacle

As per Directorate orders Menu for Pension / Salary upload and also SOL change Menu is Disabled for System Admin users and it is enabled for H.O Postmaster ID only. Hence, kindly clarify that whether single file is to be uploaded for all SOLs Pension & salary under H.O SOL ID and also clarify the accounting procedure for pension & salary upload, since the uploaded total amount will be in H.O LOT only as SOL Change Menu is disabled for all users.

Procedure for reversal of transaction using HCRT menu in DOP Finacle

• Previously for excess deposits there was no procedure in DOP Finacle we use to make an error entry and do the correction according to the procedure.
• Actually we have a special menu for reversal of any type of transaction in DOP Finacle which is HCRT.
• HCRT stands for Create and Update Reversal Transaction.

Scenarios in which we can use HCRT menu

     This menu can be used in the following scenario

• When an erroneously excess deposit  made accounts i..e, recently due to server problem when we post the RD bulk lists system credited twice in some of the accounts. For those accounts to reverse the excess deposit we have to use this menu.

Step by step procedure for reversal of Transaction using HCRT menu

• First invoke the menu HACLI and view the ledger for the account which has excess deposit and note the transaction id, transaction date for reversal procedure as shown in the figure

Procedure to handle missing credits in SB/RD/PPF schemes in DOP Finacle

• During migration from Sanchaypost to Finacle application for some accounts in SB/RD/PPF schemes there might be missing credits due to user mistake.
• The process of handling to solve the missing for the schemes SB/RD/PPF schemes are mentioned in step by step manner in the below procedure.

Process of Handling missing credits in SB Scheme

• First thing is verify the missing credit properly and make sure there is genuine missing credit then only proceed for the below steps.
• Make an error and then report the matter to Divisional Head, after approval only proceed for balance correction.
• The credit entries are to be made in the corresponding accounts with correct value date. 
• After cross verification of SBCO supervisor there is a special  menu for SBCO supervisor  for interst correction i..e, HIARM in which we can give IR correction.
• SBCO supervisor has to make IAR entry in Finacle as follows:

Quick Finacle SSA LOT with auto default for DOP

• Quick Finacle SSA LOT Version 3.6 with automatic default fee calculation included.
• Type as DF in remarks field at the time of voucher entry.

Cleanliness in Government Office – Penalty for urinating in open, spitting etc

Cleanliness in Government Office – Penalty for urinating in open, spitting etc- Standing Operating Procedure released by Govt

Urinating in open and spitting on the government office premises will now attract a penalty as the Centre has issued a new Standard Operating Procedures (SOP) for Swachh Bharat Mission to ensure a clean, hygienic and healthy work environment.

Also, littering and non-collection of construction and demolition waste by the contractor will also attract the penalty.

These SOPs have been shared with all central government ministries recently asking them to follow the new procedures to ensure complete sanitation in office premises, senior government officials said.

Change of Role of SBCO in the backdrop of implementation of CBS

The competent authority has reviewed the Annexure attached to the SB Order No.14/2015 and decided to replace point 5.1 of the Annexure from the date of receipt of this order. Content of point 5.1 shall be as under:- 

5.1 Examination of scheme-wise consolidation received from HO and SOs, Checking of entries in LOTs viewed from Finacle MIS server and checking the daily/ progressive totals in the Cash Book. 

5.1.1 SBCO PA 

• The designated Postal Assistant SBCO will receive Scheme-wise sealed and stitched Voucher Bundles with Consolidation placed at the top from Sub Account PA. He will generate fresh consolidation of each scheme from Finacle production server (HFINRPT) and compare the print out received from SOs with the system generated consolidation. Both the consolidations should be tallied with SO Daily Account and SO Summary. Bundle of HO will be received from APM(SB) of HO Counter and amount shown in the consolidation should also be tallied with the fresh consolidation generated from Finacle production server (HFINRPT) and HO Summary If there is any discrepancy in both consolidations or with SO Daily Account/Summary and the same is not supported by copy of error book or special report, it should immediately report to Incharge SBCO. All Voucher Bundles of each scheme will be handed over to Incharge SBCO. 

RD Deposits should not be refused and be accepted even if Portal/ Finacle is not working : Directorate

When Finacle is slow or down and Post office is not able to accept all the agent schedules either prepared through Agent Portal or through BCP Excel Sheet in HAGTXP, Counter PA with the permission of Postmaster/APM/DPM/SPM in writing in the ERROR BOOK, can accept all agent schedules/Excel Sheets and accept cash/POSB Cheques/Other Bank Cheques and give receipt to agent prepared manually. Cash of those schedules which cannot be accepted in HAGTXP can be kept out of account and these schedules can be posted in HAGTXP by putting Value Date as the date of acceptance of cash/POSB Cheque and Cheque Clearing date (in case of other Bank Cheque) so that depositors or agent is not forced to pay penalty. However, Counter PA(s)/SPM should maintain a register and enter Agent ID/E Banking Reference No./Date of preparation of schedule by agent/Total Amount/Value Date entered by Counter PA and Supervisor will sign against each entry in the register"

Reversal of any type of Transaction with HCRT Command in Finacle

Reversal of any type of Transaction with HCRT Command in Finacle

HCRT command stands for "Create and Update  Reversal Transaction" in Finacle. When we are doing wrongly transaction without knowing. The use of HCRT command is best method of reversing any type of transaction. The following procedure is given for reversing of Transaction.

Suppose we deposit the amount in SB account twice. Then we have to reversal one of deposit. 

How to file Nil Income Tax Return?

                                        

Did you know that you can file a tax return even if your income for the year is below the taxable limit? If your taxable income is less than the threshold limit of Rs 2.5 lakhs in a year, you are not mandated to file income tax return. But if you want to, you can file a nil return.

But you may wonder why get into the hassle of filing a tax return when you don’t have to pay any taxes. There are certain benefits of filing tax returns that you may not be aware of.

1) To carry forward losses

The only condition to carry forward losses is that you have to file tax return on time. If you file your income-tax return after due date which is generally July 31 of the year, you will not be allowed to set off your capital losses against capital gains in a belated return.

Secy panel on 7th CPC to have key meeting on June 11; salary hikes unlikely to come in July - zee news

        

NewDelhi: The Empowered Committee of Secretaries (CoS) headed by Cabinet Secretary P K Sinha processing the report of the Seventh Central Pay Commission is expected to meet on June 11 to finally wrap up its report on the remuneration of government employees.

It is reported that the secretaries panel will finally hear out all the stakeholders, including the Central ministries and Departments, and finalise its report, which will be handed over to the government on June 30.

Sources added that even the Prime Minister's Office is keen on a favourable pay hike for the central government employees, so the panel is likely to recommend a minimum salary at Rs 24,000 and the highest salary at Rs 2,70,000.

7th Pay Commission Latest News – 27% increase expected as against 14.29% recommended

7th Pay Commission Latest News – 27% increase expected as against 14.29% recommended by 7th CPC – Increase in Minimum pay expected now is Rs. 20,000 in the place of Rs. 18000 recommended by 7th Pay           

                       

Recent developments regarding implementation of 7th Pay Commission recommendations indicate that Govt may consider some of the demands of Staff Side, JCM such as minimum pay and multiplication factor etc., relating revision of Pay Central Government Employees.

7th Pay Commision has recommended that minimum Basic Pay of Central Government Employees which is Rs. 7000 presently to be increased to Rs. 18,000. This works out to 14.29 % increase when taking in to account the dearness allowance of 125% with effect from 1st January 2016.

Inauguration of Core Banking Solution (CBS) Go-Live at Jagannath Prasad SO-761121 under Bhanjanagar HO, Aska Division, Berhampur Region on 23.05.2016

Income Tax Return is not considered unless it is verified

Several taxpayers diligently file their tax returns but forget to verify them. They believe their return filing process is complete once return has been duly submitted to the income tax department.

Your income tax (I-T) return submission is not complete unless you’ve ticked off these steps

Step 1: You have e-filed your tax return

Step 2: You have verified the return

Step 3: Final return processing by the tax department i.e. refund is processed or intimation under Section 143(1) is received.

Income Tax – New disclosure Norms in ITR

Know the new disclosure norms in income tax return forms

Amendments in the ITR forms are a move towards creating an environment of greater disclosure and tax transparency

The Central Board of Direct Taxes has released new return forms to be used for filing tax returns (ITR). The amendments brought in the ITR forms are a move towards creating an environment of greater disclosure and tax transparency, although this may be viewed as an additional compliance burden by some.

7th Pay Commission – Centre on Defensive Mode – Advantage Employees

7th Pay Commission – Centre on Defensive Mode – The central government is trying to balance out the burden of the 7th pay commission payout on the exchequer.

The Prime Minister’s Office is keenly awaiting the final touch up to the 7th Pay commission panel’s recommendations, and is keen that inflationary trends be kept in perspective while finalising the salary structure of the government employees.

The trade unions, while protesting the 7th Pay Panel’s recommendations, said that the proposed 7th Pay Commission hike was the lowest in many decades and not in sync with inflation.

7th Pay Commission Latest News – Unilateral decision by Govt will not be accepted – Staff Side

7th Pay Commission Latest News – Unilateral decision by Govt will not be accepted – Staff Side JCM writes to Govt for conducting negotiation with Staff Side Associations before taking a decision on 7th Pay Commission recommendations

Though the central government employees are ardently waiting for the implementation of the Seventh Pay Commission, reports suggest that it will not be done before the results for the Assembly elections are announced. If reports are to be believed then the proposal of minimum pay of 24,000 will be taken into consideration and the reasonable expectations of central government employees will be met while announcing the salary hikes in accordance with the 7th pay commission.

7th Pay Commission Pay hike – Financial Express ideas

7th Pay Commission Pay hike – Financial Express ideas for effectively utilising the additional payout in provisioning for Emergency fund creation, financial goals, asset allocation, long term and short term investments etc.

7th Pay Commission: While you wait for the payout, FeMoney advises you to give a hard look at your entire finances and then decide on how you want to go about spending the money.

7th Pay Commission Arrears To Be Paid In August

The central government is going to start payment of salaries to its 48 lakh officials and employees according to 7th Pay Commission award from July and six months’ arrears are to be paid in August.

As per official calculation, no huge amount will be required for the payment of arrears.

The government in its annual budget has provisioned Rs 70,000 crore to meet the demand for implementation of 7th Pay Commission for central government employees which will take effect from January 1, 2016, while the allowances would be paid from July 1, 2016.

Basic salary of central government employees is likely to be tripled under the 7th Pay Commission award with employees in the lower rung getting the highest percentage of raise.

7th Pay Commission Latest News – PMO keen on 7th CPC Salary to be based on Inflationary Trend

7th Pay Commission Latest News – PMO keen on 7th CPC Salary to be based on Inflationary Trend – Reasonable expectations of central government employees will be met

The Central government has hardly been insensitive to the reasonable expectations of central government employees while announcing salary hikes in pay commissions. The same appears in the case of the 7th Pay Commission as well.

The Prime Minister’s Office is keenly awaiting the final touch up to the 7th Pay panel’s recommendations, and is keen that inflationary trends be kept in perspective while finalising the salary structure of the government employees.

Family Planning Allowance be abolished – 7th Pay Commission

7th CPC has recommended for abolition of Family Planning Allowance since the level of awareness regarding appropriate family size has gone up among the government servants. 7th CPC is of the view that many benefits relates to children, viz., Children Education Allowance, Maternity Leave, LTC, etc., are available now.

7th Pay Commission recommended that Family Planning Allowance should be abolished.

7th Pay Commission has proposed for abolishing Family Planning Allowance. Analysis and Recommendations of 7th Pay Commission on FPA is as follows:

India Post Goes High-Tech, Geo-Tags Post Offices On Bhuvan

As emails and SMSes become the order of the day, the good-old Postal Department is going hi-tech by geo-tagging the post offices and has begun monitoring timely clearance of the letter boxes through a mobile app.

In collaboration with the Department of Space, India Post has geo-tagged over 1.5 lakh post offices on the indigenous geo-portal Bhuvan, developed by ISRO, to help people search the nearest post office and know about services and timings.

India Post has over 1.55 lakh post offices of which more than 1.39 lakh are in the rural areas. An official in Communications and IT Ministry said that the remaining post offices would also be geo-tagged soon on Bhuvan, a Hindi word for 'universe'.

Postmaster travels 300 miles to deliver passport on time

A dedicated postmaster embarked on a 300-mile journey to hand-deliver a passport on time.

David Shepherd, 26, of Stratton, Cornwall, drove 50 miles and took four trains after realising he had forgotten to get it in the post.

The passport had to get to customer Hugh Munro in Rye, Sussex, by 09:00 BST the following day so that his planned visit to Amsterdam could go ahead.

Mr Shepherd said his instinct was to "keep the customer happy".

'VITAL' DELIVERY

Mr Munro was heading to the Dutch capital for a charity board meeting after stopping off at his sister's house in Rye.

Mr Shepherd, who has been postmaster at Stratton Store for 11 months, said: "I knew it was vital he had it.

Relaxation Of Eligibility Condition For Promotion To The Cadre Of PM Grade II And III

                             

Procedure for online submission of statement of deduction of tax: IT Notification No 6/2016

CBDT Notification on Procedure for online submission of statement of deduction of tax under sub-section (3) of section 200 and statement of collection of tax

Central Board of Direct Taxes has issued a notification regarding procedure for online submission of Statement of deduction of tax.

7th Pay Commission implementation to boost quality of life of employees

Quality of life of central government employees is more important than a regular income from a salary, a Union minister has suggested on condition of anonymity.

The minister, indicated 7th Pay Commission implementation should be able them to withdraw higher pay to make them happy.

In last last November, the Pay Commission headed by Justice A K Mathur submitted its report to Finance Minister Arun Jaitley, recommending 23.55 per cent hike in salaries and allowances of Central government employees and pensioners.

Latest Standard Operating Procedure of Atal Pension Yojana (APY) through Identified Post Offices

1. General

Any individual or existing Swavalamban Yojana subscriber who has completed 18 Years of age and is below 40 Years of Age on the day of applying can open APY account in any authorized CBS Post Office. The contribution for APY will be debited every month (if opted for monthly) or the first month of a quarter (if opted for Qtrly.) or first month of the Half Year (if opted for Half Yearly) from the subscriber Savings Account based on the Standing Instruction provided by the subscriber in APY Subscriber Registration Form. Under the APY, the subscribers would receive the fixed pension from Rs. 1000 to Rs. 5000 per month (Rs. 1000, 2000, 3000, 4000 and 5000), at the age of 60 years, depending on their contributions. The contributions would vary as per the age of the subscriber on the day of joining APY and the pension amount opted by the subscriber. In addition, Government co-contribution (50% of the total contribution or Rs. 1,000/- per annum, whichever is lower) will be made available for 5 years, i.e., from the Financial year 2015-16 to 2019-20 for the subscribers who join the scheme up to 31st March, 2016 and who are not covered by any Statutory Social Security Schemes and are not Income Tax payers. GDS employees who are members of SDBS are not eligible for APY enrollment under Swalamban Yojana. However, these GDS employees if eligible as per age criteria, can enroll as APY subscribers in addition to the membership of SDBS under normal enrollment but shall not be eligible for Government Contribution. Similarly, Departmental employees who are subscribers of NPS and eligible for APY as per age criteria can also enroll for APY but shall not be eligible for any Government contribution.

1.1 At Post Office Level, following activities are to be undertaken: