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








Grant of Grade Pay of Rs.1900, Rs.2000 w.e.f 1.1.2006 to those Group D (MTS) who were given TBOP/BCR before 1.1.2006

Directorate had notified admissibility of Grade Pay of Rs.1900 & Rs.2000 with effect from 1.1.2006 to those Group D ( MTS) who were given TBOP/BCR before 1.1.2006 vis-a-vis ap ...




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

CHANGE IN DESIGNATION OF SORTING POSTMAN-CLARIFICATION THEREON

Thursday, July 7, 2011

The Micro Finance Institutions(Development and Regulation) Bill

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.