Tuesday 24 September 2013

23/09/2013
THE UNIONCABIENT TODAY APPROVEDTHE ENHANCE OF  CELLING FOR CALCULATION OF EX-GRATIA BONUS PAYABLE TO GDS FROM Rs 2500/- TO 3500/- THE DECISION WOULD BE APPLICABLE WITH PROSPECTIVE EFFECT i.e.FROM THE ACCOUNTIG YEAR 2012-2013 PAYABLE IN 2013-2014.
1)The finance ministry,saying the postal department does not have the expertise to run a bank, including handling credit and other banking functions. It feels the business proposal is unlikely to be viable.
But the postal department does not agree with this view, saying it has several years’ experience in deposit mobilization and that Post Bank of India will be run by professional management using its strong network. The postal department has close to 155,000 offices spread across the nation, as many as 139,040 of which are in rural areas.
Click below link to see detail
2)23rd SCOVA Agenda -ATR & gist of discussion - Bharat Pensioners Samaj
3) Obtaining Aadhar card optional, not mandatory:
22/09/2013.
1)What is “Hierarchy”
The pension scheme can be critical in ensuring old age security for millions in the country. Click below link to knowGeting investors interested in the pension scheme
21/09/2013.
1)The CWU have announced a strike is "inevitable" if Royal Mail and the Government put in place protections in face of possible privatisation 
Click here to Read more...
2)  DOPT orders for Revised Rates of Personal Pay for participating in sports events of national/international importance Click here to see details  
3)Submission of Form 14 by the spouse to the pension disbursing bank after the death of the pensioner - instructions reg. Click here to view memo
20/09/2013.

Release of additional instalment of Dearness Allowance to central government employees and Dearness Relief to pensioners, due from 1.7.2013

The Union Cabinet yesterday gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners with effect from 01.07.2013 at the rate of 10 percent over the existing rate of 80 percent. 
1)Shortly DA would cross 100 percent. Once again, all allowances would enhance by 25%
2) Ban on creation of posts, purchase of vehicles, cut in air travel, no change in LTC Air-travel entitlement etc. under economy measures 
3)CLEAR REMARK NEEDED ON RETURNED ARTICLE 
4) PAYMENT OF SEVERENCE AMOUNT AND ACUMULATING UNDER SERVICE DISCHARGE BENEFIT SCHEME (SDBS) IN CASE OF GDS DEATH WHILE IN SERVICE -REG Click here see detail
5)Austerity Measure in Central Government Departments – Cut in expenditure relating to Seminars and Conferences, Purchase of Vehicles, Domestic and Foreign Travel and Ban on creation of Posts announced by Finance Ministry click here to see detail
19/09/2013

PFRDA – Option to defer Annuity purchase under NPS at the time of exit…

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