Wednesday, August 3, 2011
Friday, July 22, 2011
Allocation of Inspectors of Posts - Combined Graduate Level Examination, 2010
Allocation of candidates to Postal Circles nominated for appointment as Inspectors of Posts by Staff Selection Commission on the basis of Combined Graduate Level Examination, 2010
Wednesday, July 20, 2011
Under the leadership of Mannaniya Shrish Parkar President of MNJS and Sirchitanis of MNS, Maharashtra Navnirman Janadhikar Sena has taken seveal issues in "public interest" and thereby to fill up vacancies inorder to give better services to member of public . The copy of memorandum is furnished as under. On this basis charge of Business Develpoment of Col Mishra has been taken out immediately. Further development on other issue is also being done very soon. Seperate instructions are being issued by C.O.
Wednesday, July 13, 2011
Thursday, July 7, 2011
Post Office Savings Accounts to be taxed from current fiscal
The government has decided to levy tax on the interest obtained on Post Office savings schemes from the current financial year.
The Central Board of Direct Taxes ( CBDT )) has brought out a notification in this regard recently, which stipulates that any interest earned beyond Rs 3,500 (in case of individual accounts) and Rs 7,000 (in case of joint accounts) will be taxable from the running fiscal.
The CBDT-- which is the administrative authority of the Income Tax Department-- has issued the notification to all the tax collection ranges across the country for implementation.
Taxpayers will have to reflect this investment on their income tax returns.
"Taxpayers who now invest in the post office saving accounts schemes will now have to show the interest earned on this scheme while filing their income tax returns. Interest upto Rs 3,500, in case of single accounts and and Rs 7,000 in case of joint accounts, is exempted," a senior I-T official said.
The Assessing Officer (AO) will compute the tax on the interest earned, beyond the exemption limit, accordingly, he said.
The current interest rates for Post Office savings deposits is 3.5 per cent per annum.
The minimum investment limit in this scheme is Rs 50 while the maximum limit is Rs one lakh for an individual account and Rs 2 lakh in case of a joint account.
Tuesday, July 5, 2011
Sibal Holds Round Table Consultations on Partnering India Post: 2012 and Beyond
Sh. Kapil Sibal, the Union Minister of Communications and Information Technology held a Round Table Conference here today with the stakeholders to deliberate upon “Partnering India Post: 2012 and Beyond”. Opening the deliberations Shri Sibal said that this conference has been organized to enable this national asset to play a bigger and effective role in the socio and economic development of the nation. The deliberations will help understand the areas, methods and challenges for developing a symbiotic and long term relationship between india post and key stakeholders. This will also help department of posts to develop the future business model and its integration with the technological architecture of india post 2012 project - an ambitious programme of computerizing and digitally connecting the entire postal network which is likely to further strengthen our potentials and the capabilities.
Key Stakeholders from Banking/ Insurance/ Telecom/ FMCG/ IT/ e-Commerce/ Logistics/ Publications/ Financial Institutions/ Government Ministries & Departments/ Industry Associations/ Academic sector participated in the Round Table conference and engaged into discussions to give shape to the India Post 2012 Project and explore strategic tie-ups with India Post as follows:-
- Public sector banks for retailing of loan products, mutual funds and other new age financial products including micro-insurance, micro-lending, livelihood linkages, pensions, and remittances etc.
- E-commerce portals.
- Logisics for semi-urban and rural areas for consumer or FMCG goods.
- Logistics for print media companies or distance education universities / institutions.
- Central Government Ministries and State Governments for data collection services, delivery of social security schemes like MGNREGS, NRHM etc through Post Office system.
India Post 2012 Project aims at transforming Department of Posts into a “Technology Enabled, Self Reliant Market Leader.” This translates into 5 initiatives covering increased market share and revenues, new products and services, improved services delivery, motivated workforce and rural development.
India Post with its vast network of 1.5 lakh Post-Offices and the huge bouquet of services including mails, logistics, finance, deposits, insurance, savings and retailing, have the potential to play an extremely vital role in accelerating economic growth.
The participants from across the industry sectors put forth a number of ideas for symbiotic strategic tie-ups, beneficial for both India Post and business partners which were duly appreciated by Shri Kapil Sibal, Hon’ble Minister of Communications and Information Technology, Government of India making the Round Table conference a success. Shri Sachin Pilot, Hon’ble Minister of State for Communications & IT, Government of India summarized the deliberations of the round table conference at the end of the conference.
Concluding the deliberations the Minister of State for Communications and IT, Shri Sachin Pilot said that today’s consultations show that Department of Posts belongs to all. This should be a beginning for new endeavours, financial inclusion and opportunities for rural masses.
About seventy representatives of various Departments, PSUs, Banks and corporate world participated. Secretary, Department of Posts and senior officers of the Department were also present.
Friday, July 1, 2011
Sunderban Allowance to Central Government Employees working in West Bengal(2 MB) 
(Dated 30th June, 2011)
(Dated 30th June, 2011) Thursday, June 30, 2011
Consumer Price Index Numbers for Industrial Workers on Base 2001=100 CPI(IW) Base 2001=100 Monthly Index Letter - MAY 2011
ALL INDIA CONSUMER PRICE INDEX NUMBERS FOR INDUSTRIAL WORKERS ON BASE 2001=100 FOR THE MONTH OF MAY, 2011
1. All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of May, 2011 increased by 1 point and stood at 187 (one hundred & eighty seven) .
2. During May, 2011, the index recorded increase of 8 points in Ludhiana centre, 6 points in Nasik centre, 5 points each in Giridih, Mundakkayam and Sholapur centres, 4 points in 3 centres, 3 points in 4 centres, 2 points in 14 centres and 1 point in 18 centres. The index decreased by 4 points in Rangapara Tezpur centre, 3 points in Ghaziabad centre, 2 points in Guwahati centre, 1 point in 10 centres, while in the remaining 21 centres the index remained stationary.
3. The maximum increase of 8 points in Ludhiana centre is mainly on account of increase in the prices of Arhar Dal, Masur Dal, Mustard Oil, Vanaspati Ghee, Milk, Chillies Dry, Electricity Charges, Toilet Soap, Washing Soap, etc. The increase of 6 points in Nasik centre is due to increase in the prices of Wheat, Bajra, Chillies Dry, Vegetable & Fruit items, Petrol, etc. The increase of 5 points in Giridih, Mundakkayam and Sholapur centres is due to increase in the prices of Rice, Jowar, Vegetable & Fruit items, Tea (Readymade), Firewood, Soft Coke, Hair Oil, Washing Soap, etc. The decrease of 4 points in Rangapara Tezpur centre is the outcome of decrease in the prices of Wheat Atta, Fish Fresh, Turmeric Powder, Garlic, Vegetable & Fruit items, Pan Leaf, etc. The decrease of 3 points in Ghaziabad centre is due to decrease in the prices of Wheat Atta, Onion, Vegetable & Fruit items, etc. The decrease of 2 points in Guwahati centre is due to decrease in the prices of Wheat Atta, Vegetable & Fruit items, Pan Leaf, etc.
4. The indices in respect of the six major centres are as follows :
1. Ahmedabad - 180
2. Bangalore - 192
3. Chennai - 166
4. Delhi - 172
5. Kolkata - 181
6. Mumbai - 186
5. The All-India (General) point to point rate of inflation for the month of May, 2011 is 8.72% as compared to 9.41% in April, 2011. Inflation based on Food Index is 7.61% in May, 2011 as compared to 8.24% in April, 2011.
6. The CPI-IW for June, 2011 will be released on the last working day of the next month, i.e. 29th July, 2011.
Wednesday, June 29, 2011
Monday, June 27, 2011
Saturday, June 25, 2011
Individual having income not exceeding Rs. 5 lacs from salaries/other sources is not required to file return u/s 139(1)
The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income tax return for assessment year 2011-12, which will be due on July 31, 2011. Individuals having total income up to Rs.5,00,000 for FY 2010-11, after allowable deductions, consisting of salary from a single employer and interest income from deposits in a saving bank account up to Rs.10,000 are not required to file their income tax return. Such individuals must report their Permanent Account Number (PAN) and the entire income from bank interest to their employer, pay the entire tax by way of deduction of tax at source, and obtain a certificate of tax deduction in Form No.16. Persons receiving salary from more than one employer, having income from sources other than salary and interest income from a savings bank account, or having refund claims shall not be covered under the scheme. The scheme shall also not be applicable in cases wherein notices are issued for filing the income tax return under section 142(1) or section 148 or section 153A or section 153C of the Income Tax Act 1961.
NOTIFICATION NO. 36/2011 F. NO. 142/09/2011 (TPL), DATED 23-6-2011
In exercise of the powers conferred by sub-section (1C) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to the conditions specified hereinafter, from the requirement of furnishing a return of income under sub-section (1) of section 139 for the assessment year 2011-12, namely :—
Class of Persons
1. An Individual whose total income for the relevant assessment year does not exceed five lakh rupees and consists of only income chargeable to income-tax under the following head,—
(A) "Salaries";
(B) "Income from other sources", by way of interest from a savings account in a bank, not exceeding ten thousand rupees.
Conditions
2. The individual referred to in para 1,—
(i) has reported to his employer his Permanent Account Number (PAN);
(ii) has reported to his employer, the incomes mentioned in sub-para (B) of para 1 and the employer has deducted the tax thereon;
(iii) has received a certificate of tax deduction in Form 16 from his employer which mentions the PAN, details of income and the tax deducted at source and deposited to the credit of the Central Government;
(iv) has discharged his total tax liability for the assessment year through tax deduction at source and its deposit by the employer to the Central Government;
(v) has no claim of refund of taxes due to him for the income of the assessment year; and
(vi) has received salary from only one employer for the assessment year.
3. The exemption from the requirement of furnishing a return of income-tax shall not be available where a notice under section 142(1) or section 148 or section 153A or section 153C of the Income-tax Act has been issued for filing a return of income for the relevant assessment year.
4. This notification shall come into force from the date of its publication in the Official Gazette
Thursday, June 23, 2011
Tuesday, June 21, 2011
Tuesday, June 14, 2011
India Post Partner with Fabindia to benefit Customers... India Post Introduces Retail Counter at Fabindia Store
With the opening of first postal retail extension counter at Fabindia’s flagship store, India Post and Fabindia partner to benefit customers in a first of its kind Public- Private Partnership. The counter was jointly inaugurated here today by smt. Radhika Doraiswamy – Secretary (Post) to Government of India, Director General Department of Posts and the Chairman of the Postal Services Board and Mr. William Bissell - Managing Director, Fabindia Overseas Private Limited.
Delhi Postal Circle in collaboration with Fabindia Overseas Private Limited - India’s private retail platform for craft based products, opened its counter at Fabindia’s flagship store at 14, N Block Market, Greater Kailash-1, New Delhi.
As a part of the joint endeavour to enhance customer experience, India post will now offer customers hassle free postal retail service which would enable the customers to buy, pack and dispatch Fabindia products not only within India but also to international destinations. To help the customers in booking consignments, Delhi Postal Circle staff will be deployed at Fabindia store.
While this comes as an expansion of the existing postal retail service earlier introduced at the Jawahar Vyapar Bhawan (Cottage Emporium), New Delhi-1, where customers can avail Speed Post Services & Registered Parcel booking within the premises of the shopping complex, this is the first partnership with a private player.
With 140 stores across 58 cities in India and four international stores, Fabindia Overseas Private Limited is India’s largest retail platform for a wide range of products produced by artisans living largely in rural areas.
The POST OFFICE counter at the Fabindia outlet will offer the following domestic and international services from 1100 Hours till 1900 Hours (on all working days):
Flat Rate Parcel Service (Domestic) – Air Express Service, High Quality Boxes as a part of postage charges, One India One Rate
Flat Rate Parcel Service (International) – Any destination, anywhere in the world. Total composite Rates are applicable
EMS Speed Post Service (Domestic & International) – Fast, reliable, guaranteed Service
Subscribe to:
Posts (Atom)
