Posting orders issued by the PMG Vijayawada region to ASPs.

PMG Vijayawada vide memo no. ST-1/7-1/2015 dated 30.12.2015 issued the following posting orders.

SLNO	Name & Desgn.	Place of posting
1	AVN Narsimharao ASP(H) Hanamkonda	ASP Avanigadda
2	K.Srinivas ASP(H) Mahabubnagar	ASP Jangareddy
3	SRKH Prasad IP Podalakur	ASP Palakol
4	B.Hanmantha rao ASP® Hyd City division	ASP Kavali

IP/ASP association conveys best wishes to all the officers on their new assignment and postings.

Ministry to Launch Schemes to Digitalise Postal Services

Ms. Aakansha Shukla BPM (UP) receiving first Hand Held device from MoC

BPM Farsand Mohanpur receiving Hand Held Device from MoC

ASP Postings in Visakhapatnam Region.

PMG Visakhapatnam has issued much awaited posting orders to ASPs on 29.12.2015.

Association wishes all the officers on their new assignment.

Adhoc group "A" promotions.

Circle Office vide memo no. ST/12-74/Ad Gr-A/2015/KW dt. 23.12.2015 has issued group “A” adhoc promotions to the following officers for a period of 180 days or till joining of regular incumbent or further orders whichever is earlier.

SLNO	Name & desgn S/S.	Adhoc promotion
1	K.Venkatramireddy ADM(PLI)CO	APMG(FS) CO
2	K.Janardhanreddy SPOs Sangareddy	CPM Hyderabad GPO
3	J.Pandari SPOs Mahabubnagar	SSP Nizamabad

IP/ASP Association congratulates all the above officers on their adhoc promotion.

Circle Office vide memo no. ST/92-1/ASP/DPC/2015/Corr dated 23.12.2015 has issued the following promotion and re-allotment orders as shown below.

Promotions.

SLNO	Name of officer	Present desgn	Region allotted
1	C.Pawankumar	I.P Circle Office	Hyd.city Region
2	SRKH Prasad	I.P Podalkur	Vijayawada
3	V.Nagendar	IP Hyd. Stg dn	Hyderabad
4	A.Paleti	IP Kakinada	Hyderabad
5	K.Vishnujyothi	IP Hyd. Stg dn	Hyderabad

Re-allotments.

SLNO	Name of officer	Present desgn	Region allotted
1	B.Srinivas	ASP Medak	Hyd.City Dn
2	B.Hanmantha rao	ASP (H) Hyd. City Dn	Vijayawada
3	KVD Sagar	ASP Kavali	Visakhapatnam
4	S.Sridhar	Postmaster Nellore HO	Visakhapatnam
5	M.Santoshkumar Narahari	ASP Hyd.RO	Visakhapatnam

Association conveys best wishes to all the above officers on their promotion and re-allotment.

Lok Sabha approved hike of wage ceiling for bonus to Rs 21,000 per month from Rs 10,000 and monthly bonus calculation ceiling to Rs 7,000 per month from Rs 3,500

The Lok Sabha has approved amendments to the Payment of Bonus Act that seeks to make more workers eligible for bonus by raising the pay eligibility limit of employees to Rs 21,000 per month from Rs 10,000. 

The bill, tabled in the house earlier this month, also seeks to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from Rs 3,500, thus substantially increasing the amount of bonus. 

Both the proposed changes are in line with the demands of 10 central trade unions, which had observed a day-long strike on September 22. 

The bill will now be tabled in Rajya Sabha. Once approved, it will be made effective from April 1, 2015. 

"I thank all parties for supporting the historic decision of this government," Labour Minister Bandaru Dattatreya said after the discussion in Lok Sabha. 

The Payment of Bonus Act 1965 is applicable to every factory and other establishment in which 20 or more people are employed on any day during an accounting year.

The bill also provides for a new proviso in Section 12, which empowers the central government to vary the basis of computing the bonus. 

As it stands today, Section 12 says that where the salary or wage of an employee exceeds Rs 3,500 per month, the minimum or maximum bonus payable to the employee shall be calculated as if his salary or wage was Rs 3,500 per month. 

The last amendment to both the eligibility limit and the calculation ceilings under the Act was carried out in 2007 and made effective from April 1, 2006. 

This amendment in the Act to increase wage ceiling and bonus calculation ceiling was one of assurances given by the Centre after 10 central trade unions went on a day-long strike on September 2. 

Source:-The Economic Times

Promotion and postings in Postal Services Group ‘B’ cadre.....relief thereof

No. CHQ/AIAIPASP/DPC-PS Gr.B/2015         Dated :     21/12/2015

To,                                                                                          

Ms Kavery Banerjee, 

Secretary (Posts),

Department of Posts, 

Dak Bhavan, Sansad Marg, 

New Delhi 110 001. 

Subject : Promotion and postings in Postal Services Group ‘B’ cadre. 

Ref.        : Dte Memo No. 9-02/2015-SPG dated 10/11/2015

Respected Madam,

          IP/ASP Association would like to bring to your kind notice that Directorate vide above captioned memo has appointed 122 Inspector Line Officers on regular basis in PS Gr. B cadre, but few circles have not implemented orders despite having clear orders to relive the promoted officers to their new assignments within 15 days from the date of issue of order.

It is to further bring to your kind notice that as per above orders all the ASPs promoted to PS Gr. B cadre had to be relieved from their former assignments within 15 days from the date of issue of order  by Directorate. It has also stated in Directorate’s above captioned letter that, in case, an officer is not willing to accept his promotion (including those 31 officers whose debarment period will be over in February/March 2016), his declination letter in writing should be sent to Directorate within 30 days from the date of issue of order, failing which, it shall be presumed that he has declined the promotion.  

Requisite period have already been elapsed to join the new assignment on promotion so the promotion of officers who have not joined may be treated as cancelled and vacancies arise owing to deemed refusal and filled these in supplementary DPC vacancies.

It is therefore fervently requested to your kind honour to look into the matter personally and cause to issue necessary instructions to the defaulting circles to implement the Directorate orders in the spirit of given directions. All the procedures in this issue may be completed by the end of this month.

Thanking you,   

                                                                                Yours sincerely,

 Sd/-

(Vilas Ingale)

General Secretary

R K Chaturvedi appointed JS in 7th CPC implementation cell

Senior IAS officer R K Chaturvedi has been appointed as Joint Secretary in seventh Central Pay Commission's implementation cell as part of mid-level bureaucratic reshuffle effected today by the government. 

As many as five new Joint Secretaries, three non-IAS officers, have been appointed to different Central government ministries. 

Chaturvedi, a 1987 batch IAS officer of Madhya Pradesh cadre, has been appointed to the post under Department of Expenditure. He is presently working as Resident Commissioner in Madhya Pradesh Bhawan here. 

Chaturvedi will hold the charge for five years, an order issued by Department of Personnel and Training said. 

IPS officer Praveen Vashista has been appointed as Joint Secretary in Home Ministry. The order of Vashista, a 1991 batch IPS officer of Bihar cadre, regarding his appointment as JS in Mines Ministry has been cancelled, it said. 

Subhash Chandra, a 1988 batch Indian Forest Service officer, will be new JS in the Mines Ministry. 

Meera Swarup, an Indian Audit and Account Service officer, has been appointed JS and Financial Adviser in Department of Expenditure. 

Senior IAS officer Deepti Umashankar, Joint Secretary in Cabinet Secretariat, has been moved to a newly created JS-level post within the same office, the order said without mentioning the further details of the post.

Source : http://www.business-standard.com/

Rules regarding quoting of PAN for specified transactions amended

Press Information Bureau
Government of India
Ministry of Finance

15-December-2015 19:59 IST

Rules regarding quoting of PAN for specified transactions amended

The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Account Number (PAN) where the transactions exceed a specified limit. Persons who do not hold PAN are required to fill a form and furnish any one of the specified documents to establish their identity.

             One of the recommendations of the Special Investigation Team (SIT) on Black Money was that quoting of PAN should be made mandatory for all sales and purchases of goods and services where the payment exceeds Rs.1 lakh. Accepting this recommendation, the Finance Minister made an announcement to this effect in his Budget Speech. The Government has since received numerous representations from various quarters regarding the burden of compliance this proposal would entail. Considering the representations, it has been decided that quoting of PAN will be required for transactions of an amount exceeding Rs.2 lakh regardless of the mode of payment.

            To bring a balance between burden of compliance on legitimate transactions and the need to capture information relating to transactions of higher value, the Government has also enhanced the monetary limits of certain transactions which require quoting of PAN. The monetary limits have now been raised to Rs. 10 lakh from Rs. 5 lakh for sale or purchase of immovable property, to Rs.50,000 from Rs. 25,000 in the case of hotel or restaurant bills paid at any one time, and to Rs. 1 lakh from Rs. 50,000 for purchase or sale of shares of an unlisted company. In keeping with the Government’s thrust on financial inclusion, opening of a no-frills bank account such as a Jan Dhan Account will not require PAN.  Other than that, the requirement of PAN applies to opening of all bank accounts including in co-operative banks.

    The changes to the Rules will take effect from 1^st January, 2016.

The above changes in the rules are expected to be useful in widening the tax net by non-intrusive methods. They are also expected to help in curbing black money and move towards a cashless economy.

A chart highlighting the key changes to Rule 114B of the Income-tax Act is attached.

Sl.	NATURE OF TRANSACTION	MANDATORY QUOTING OF PAN (RULE 114B)
		Existing requirement	New requirement
1.	Immovable property	Sale/ purchase valued at Rs.5  lakh or more	i.       Sale/ purchase exceeding Rs.10 lakh; ii.     Properties valued by Stamp Valuation authority at amount exceeding Rs.10 lakh will also need PAN.
2	Motor vehicle (other than two wheeler)	All sales/purchases	No change
3.	Time deposit	Time deposit exceeding Rs.50,000/- with a banking company	i.      Deposits with Co-op banks, Post Office, Nidhi, NBFC companies will also need PAN; ii.    Deposits aggregating to more than Rs.5 lakh   during the year will also need PAN
4.	Deposit with Post Office Savings Bank	Exceeding Rs.50,000/-	Discontinued
5.	Sale or purchase of securities	Contract for sale/purchase of a value exceeding Rs.1 lakh	No change
6.	Opening an account (other than time deposit) with a banking company.	All new accounts.	i. Basic Savings Bank Deposit Account excluded (no PAN requirement for opening these accounts); ii. Co-operative banks also to comply
7.	Installation of telephone/ cellphone connections	All instances	Discontinued
8.	Hotel/restaurant bill(s)	Exceeding Rs.25,000/- at any one time (by any mode of payment)	Cash payment exceeding Rs.50,000/-.
9.	Cash purchase of bank drafts/ pay orders/ banker's cheques	Amount aggregating to Rs.50,000/- or more during any one day	Exceeding Rs.50,000/- on any one day.
10.	Cash deposit with banking company	Cash aggregating to Rs.50,000/- or more during any one day	Cash deposit exceeding Rs.50,000/- in a day.
11.	Foreign travel	Cash payment in connection with foreign travel  of an amount exceeding Rs.25,000/- at any one time (including fare, payment to travel agent, purchase of forex)	Cash payment in connection with foreign travel or purchase of foreign currency of an amount exceeding Rs.50,000/- at any one time (including fare, payment to travel agent)
12.	Credit card	Application to banking company/ any other company/institution for credit card	No change. Co-operative banks also to comply.
13.	Mutual fund units	Payment of Rs.50,000/- or more for purchase	Payment exceeding Rs.50,000/- for purchase.
14.	Shares of company	Payment of Rs.50,000/-  or more to a company for acquiring its shares	i.      Opening a demat account; ii.    Purchase or sale of shares of an unlisted company for an amount exceeding Rs.1 lakh per transaction.
15.	Debentures/ bonds	Payment of Rs.50,000/- or more to a company/ institution for acquiring its debentures/ bonds	Payment exceeding Rs.50,000/-.
16.	RBI bonds	Payment of Rs.50,000/-or more to RBI for acquiring its bonds	Payment exceeding Rs.50,000/-.
17.	Life insurance premium	Payment of Rs.50,000/- or more in a year as premium  to an insurer	Payment exceeding Rs.50,000/- in a year.
18.	Purchase of jewellery/bullion	Payment of Rs.5 lakh or more at any one time or against a bill	Deleted and merged with next item in this table
19.	Purchases or sales of goods or services	No requirement	Purchase/ sale of any goods or services exceeding Rs.2 lakh per transaction.
20.	Cash cards/ prepaid instruments issued under Payment & Settlement Act	No requirement	Cash payment aggregating to more than Rs.50,000 in a year.