promotion from group "B" to JTS group "A".

The Dte. vide letter no. 4-2/2014-SPG dt 26.02.2015 has issued promotion orders to 39 group "B" officers to JTS group "A" cadre.  The following 3 officers have been allotted to AP Circle. Sri LSN Murthy alone got promotion from AP Circle.  We convey best wishes to the officers.

1. Sri JF. Shekar Karnataka Circle to AP Circle,

2. Sri HR Chandrashaker Karnataka Circle to AP Circle,

3. Sri LSN Murthy AP Circle to AP Circle.

Small Savings Scheme at a glance

Laptops to RMS/Postal IP/ASPs.

Circle Office has supplied 23 laptops to RMS/Postal IP/ASPs very recently as shown below. 23 more are to be supplied to rest of RMS IPs/ASPs shortly by the Circle Office.  This item was taken up with the CPMG during four monthly meeting.  On behalf of association we sincerely convey thanks to CPMG sir.

Name of division			No. supplied
1	RMS“Y” Division  Vijayawada		3
2	RMS“V” division, Visakhapatanm		3
3	Sorting division, Hyderabad		5
4	Hyd.South east division		2
5	Secunderabad division		2
6	Hyderabad GPO		2
7	Vijayawada Region		3
8	Vishakapatnam Region		3
		Total	23

Problems in Visakhakapatnam Region.

To,

The PMG Visakhapatnam Region,                                                                   Hyderabad,

Visakhapatnam-17.                                                                                           23^rd feb.2015.

Respected  Madam

               

  Sub:       Request for non- observing the legitimate welfare issues by the some of the Divisional                                             Heads in Visakhapatnam region on our IP/ASP cadre.

The IP/ASP association would like to invite your kind attention on the following items to consider with humanitarian grounds and to issue necessary instructions to the concerned divisional authorities

1.       As per the instructions issued by the Circle office lr No ST/Disc/Rlgs dated 13.11.2014 the IO PO honorarium has to be paid to the IP ASPs who complete the Rule 14/Rule 16 (1) (b)/Rule 10 cases. In Visakhapatnam region no single payment is paid to the IO/Pos.

2.       The RO issued permission vide lr No SDC/Misc/2014-15 dated 20.11.14 to supply of brief cases to the IP/ASPs. The IP ASPs working in the divisions applied for accord permission to purchase the brief case to the divisional heads. But the permission was not yet given by some divisions in the region, for example Srikakulam division.

3.       Another burning item is non-providing of accommodation to the SDH office at Amadalavalasa and Tekkali Sub divisions. The concerned SDHs are paying 1200/ per month extra from their pocket to the land lords. The Supdt Srikakulam division is not paying interest to help the Sub divisional heads. In this regard it is humbly requested the PMG to interfere and long pending problem is settled.

4.       In Visakhapatnam region the RPLI incentives to the SDHs are not paid since 3 years. The incentives to the SDHs can be paid as per the information ( i.e incentive paid to the BPMs) available in the division office.

5.       The batteries of the lap-tops supplied to the Sub divisions are to be replaced. Necessary instructions may please be issued to the Divisional heads.

Our association is requested to consider the legitimate above items and oblige.

Yours sincerely,

(S.Prasad Rao )
Circle Secretary.

Repatriation of group "B" officers to home Circles.

To day the directorate vide memo no.9-04/2015-SPG dated 20.02.2015 issued orders for repatriation of 18 officers.  Sri PV Ramanareddy (Guj), Sri K.Srikumar (Dte) and Sri B.Mallikarjunasharma(Del) have been given  AP Circle, and they are welcomed by the association.

Group "B" promotion list announced.

The directorate vide memo no. 9-25/2014-SPG dated 20.02.2015 has  announced group "B" list.  141 ASPs were promoted as group "B" officers.  The following ASPs from AP Circle have been promoted.

Sl No.13. Sri PS.Chandrashekar allotted to Mahasrastra,

Sl No.22. Sri Ch.Balaswamy allotted to  Mahasrastra,

SL No. 24 Sri DV.Mahidhar allotted to Mahasrastra,

SL No. 117. Sri N.Subbarao allotted to Mahasrastra,

SL No. 127 Sri P.Anandarao allotted to directorate.

Our association conveys best wishes to all the officers on their promotion.

Budget 2015: Salaried class wants I-T exemption limit to be raised to Rs 3 lakh, says survey

Hike in personal income tax exemption limit to Rs 3 lakh, deduction for housing loans up to 5 lakh and upward revision in the allowance for medical reimbursement are among the main expectations of salaried individuals from the Union Budget 2015, the first full-fledged budget from the Narendra Modi government, according to an ASSOCHAMsurvey released on Thursday. 

An overwhelming 92 per cent of the salaried individuals, both men and women, said the government needs to increase the tax bracket from the current Rs 2.50 lakh to at least Rs 3 lakh so that more money is left in the hand of the common man/woman. While the wholesale price index inflation has gone into negative, there are still a host of items of common household use, like fruits, pulses and vegetables, which have witnessed an annual inflation between 8 and 12 per cent per cent during January 2014 and January 2015. 

"Thus, the high prices of these items are still a cause of concern for the common people and the Budget must address the issue," ASSOCHAM Secretary General D S Rawat said, while releasing the survey. 

The salaried income people also want that the tax exemption limit for women should be raised to at least Rs 4 lakh p.a. Besides, the limit for exemption on saving instruments like fixed deposits, national saving certificates and public provident funds should also be raised to Rs 2.50 lakh so that savings at the household level get a boost. 

The survey was conducted in major places such as Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Hyderabd, Pune, Chandigarh, and Dehradun, among others. About 500 salaried class employees from the different sectors were covered by the survey from each city on an average. 

"The Finance Minister should increase the 80C deduction limit to Rs 2.50 lakh. With the advent of new investment schemes such as Sukanya Samriddhi Yojana and equity-oriented pension funds, the limit seems very condensed and needs to be inflated to Rs 2.50 lakh in Budget 2015-16. The government may consider increasing the exemption limit to even higher to Rs 3 lakh to promote investments and encourage saving among taxpayers," highlighted the majority of respondents. On top of it, a separate deduction should be allowed for the premium paid for the insurance policies to encourage insurance which has a very low penetration at present. 

Gold imports are declining and hence the government may reduce import duty by around 2 to 4 percent. At present the import duty is 10 percent and reducing it to around 4 to 5 percent should make prospective buyers happy, said nearly 88% of the respondents. 

At present, the limit of deduction of interest on housing loan is Rs 1.50 lakh per annum. This should be increased to Rs 5 lakh to boost the housing sector as also give relief to the middle class families, added 78% of the respondents. 

To encourage investments in infrastructure during the 12th plan period, the deduction under 801A (4) "profit-linked incentives in the form of 100% deduction of income in SEZ development" must be continued, said Rawat. 

Nearly 82% of the salaried class said that it is necessary to have a separate deduction of Rs 50,000 for the payment towards annuity or pension plans. Deduction of the amount paid towards annuity plans u/s 80CCC and NPS u/s 80CCD also comes under the threshold limit of section 80C. Section 80C is already is flooded with various savings and investment schemes and with the new kind of equity-oriented pension plans, it becomes utmost necessary to have a separate deduction of Rs 50,000 for the payment towards annuity or pension plans.

Source:-The Economic Times

DPC : PS Gr. B and JTS Gr.A

CHQ News.

It is learnt that both the DPCs have already been convened. 141 officers selected in DPC for the promotion to the cadre of PS Gr. B for the vacancy year 2014 and 40 Officers have been selected in JTS Gr. A for the year 2013-14.  The result of both the DPCs is delayed for want of consideration of repatriation cases. Result is expected within a couple of days. 

Air India LTC 80 Fare with effect from 2nd February 2015 applicable to Central Government Employees

Air India has released new LTC 80 Fares applicable to Central Government Employees with effect from 2nd February 2015. This Scheme is meant for Central Government Employees, State Government Employees, PSU employees and Employees of Educational Institutions recognised by Central Government and State Govt.

Both Ministry of Finance and DOPT have issued instructions to the effect that Central Government Employees who intend to avail LTC by air have to purchase only LTC 80 Air Tickets. In other words, Air Travel utilising Leave Travel Concession has to be performed only in Air India Flights by purchasing LTC 80 Air Tickets.

Check the following instructions issued Govt in respect of Air Travel by availing LTC

• Air India LTC 80 Fare with effect from 2nd February 2015
• Restriction on LTC by Air Travel only in Air India Relaxed
• LTC to Nepal, Bhutan, Maldives and Srilanka – Proposal approved
• Travel by Air with Tickets purchased from Private Agents
• Proposal for Additional LTC to Nepal, Bhutan, Male and Srilanka
• LTC by Air for Non-Entitled Government Employees
• Air India LTC 80 Fare with effect from 3rd November 2014
• LTC by Air to NER and J&K from place of posting
• NO Boarding Pass No TA – Finance Ministry Clarification
• LTC by Air to Jammu and Kashmir, NER and Andaman and Nicobar Reintroduced

Encashment earned leave alongwith LTC - clarification

No.14028/2/2012-Estl(L)

Government of India

Ministry of Personnel, PG and Pensions

(Department of Personnel and Training)

*****

New Delhi, dated the 9th February, 2015.

OFFICE MEMORANDUM

Subject: Encashment earned leave alongwith LTC- clarification.

The undersigned is directed to refer to DoPT's O.M. No. 31011/4/2008-Estt.(A), dated 23s September, 2008 allowing encashment of earned leave along with LTC and to say that references have been received with regard to the  number of times that a Government servant can avail of the encashment within the same block.

2. It is clarified that the Government servants governed by the CCS (Leave) Rules, 1972 and entitled to avail LTC may encash earned leave upto 10 days at the time of availing both types of LTCs, i.e. `Hometown' and 'anywhere in India'. However, when the one and the same LTC is being availed of by the Government servant and his family members separately in a block year, encashment of leave would be restricted to one occasion only.

3. Hindi version will follow. 

Sd/-

(Mukul Ratra )

Director

Tele: 26164314

To

All Ministries/ Department of Government of India (As per standard mailing list)

Condolence.

 Kum. Slaghya  second daughter of Sri B.Suresh Kumar ASP (PG-RTI) % the Chief PMG Hyderabad & Vice- president   of our association  (B.tech final year student) has met with  a fatal road accident on 09.02.2015 at Hyderabad. We pray the almighty to give courage & solace  to the bereaved family.

Indefinite strike notice served by GDS Union

Bi-monthly meeting with the PMG Hyderabad.

Bi-monthly meeting with the PMG Hyderabad was held on 04.02.2015. Items relating to forwarding of  transfer applications of IP/ASPs from Hyderabad Region to other regions through  Circle Office discussed at length.  The PMG has agreed to forward the all the pending applications to CO. Association conveys special thanks to the PMG.  Circle Secretary & Treasurer have participated the meeting.

Sukanya Samriddhi Account / Yojana - at a glance

Sukanya Samriddhi Account / Yojana is a Small Savings Special deposit Scheme for girl child. This scheme is specially designed for girl’s higher education or marriage needs.

The Scheme launched for the welfare of the girl child, to save and educate the girl child.

Features of Sukanya Samriddhi Account (SSA):

·Who can open the account? – Sukanya Samriddhi Account (or Khata) can be opened on a girl child’s name by her natural (biological) parents or legal guardian.

·What is the Age limit? – SSA can be opened in the name of a girl child from the birth of the girl child till she attains the age of  10 years.  ( As per SB Order No. 2/2015 : The Girl child who is born on or after  02.12.2003 can open account )

.How many accounts can be opened? – A depositor may open and operate only one account in the name of same girl child under this scheme. The depositor (or) guardian can open only two SSA accounts. There is one exception to this rule. The natural or legal guardian can open two or three accounts if twin girls are born as second birth or triplets are born in the first birth itself.

·How to open a SSA account? Accounts in name of the girl child can be opened in post offices or in any branch of a commercial bank that is authorized by the Central Government to open an account under this scheme rules.

.What is the minimum deposit to open the account? – The account may be opened with an initial deposit of one thousand rupees. The minimum contribution in any financial year is Rs 1000. Thereafter the contributions can in multiples of one hundred rupees.

·What is the maximum deposit amount? – a minimum of one thousand rupees shall be deposited in a financial year but the total money deposited in an account on a single occasion or on multiple occasions shall not exceed Rs 1.5 Lakh in a financial year.

·Deposits in an account may be made till the child completes fourteen years, from the date of opening of the account.

·Is there any penalty? – If minimum (Rs 1000 pa) amount is not deposited, the account will be treated as an irregular account. This can be regularized/renewed on payment of Rs 50 per year as penalty. Along with this, the minimum specified subscription for the year (s) of default should be paid.

·What is the mode of deposit? – The deposits in Sukanya Samruddhi scheme can be made in the form of Cash or Demand Draft or Cheque. Where deposit is made by cheque or demand draft, the date of encashment of the cheque or demand draft shall be the date of credit to the account. The cheque or DD should be drawn in favour of the postmaster of the concerned post office or the Manager of the concerned bank. The depositor (parents or guardian) has to write the account holder’s name (child’s name) and the account number on the backside of the instrument.

·What is the Rate of Interest on Sukanya Samriddhi Account? – The applicable rate of interest on SSA for the financial year 2014-2015 is 9.1%. This is one of the highest rates of interest offered by Government on small savings scheme

·Is interest rate fixed or variable? – The rate of interest is not fixed and will be notified by the central government on a yearly basis.

·The account can be transferred anywhere in India if the girl shifts to a place other than the city or locality where the account stands.

·Is Premature withdrawal allowed? – 50 % (half of the fund) of the accumulated amount in SSA can be withdrawn for girl’s higher education and marriage after she attains 18 years of age. The account’s balance at the end of preceding financial year is used for the calculation.

·Can the girl child operate the account? On attaining age of ten years, the account holder that is the girl child may herself operate the account, however, deposit in the account may be made by the guardian or parents.

·Is premature closure allowed? In the event of death of the account holder, the account shall be closed immediately on production of death certificate. the balance at the credit of the account shall be paid along with interest till the month preceding the month of premature closure of the account , to the guardian of the account holder.

·The scheme would mature on completion of 21 years of the girl child, from the date of opening of the account, with an option of keeping the account till marriage.

.Can the girl child continue the account after her marriage? – The operation of the account shall not be permitted beyond the date of the girl’s marriage.

·What are the required documents to open Sukanya Samriddhi Account? – Birth certificate of the girl child has to be produced. The depositor (parents or guardian) has to submit his/her identity and address proofs.

·On opening an account, the depositor shall be given a pass book. It will have date of birth of the girl child, date of opening of account, account number, name and address of the account holder and the initial amount deposited. The depositor has to present the passbook to the post office or bank at the time of depositing/receiving the interest/on maturity.

http://sapost.blogspot.in/

Tax Benefits on Sukanya Samriddhi Account Scheme

The amount that is deposited under Sukanya Samriddhi Account will be eligible for income tax exemption under Section 80C of Income Tax Act, 1961.

At present, only the contribution of up to Rs 1.5 lakh toward Sukanya Samridhi Yojana is eligible for tax deduction under Section 80C. But discussions are on to also exempt the interest income and withdrawal amount. We can expect a formal announcement on this in the coming Union Budget 2015-16.

(Issue of making interest income and withdrawal exempt from taxation can be done by Department of Revenue (DoR) through legislative amendments. The matter is under examination of DoR)

Sukanya Samriddhi Account vs Public Provident Fund (PPF)

Both Sukanya Samriddhi Account (SSA) and Public Provident Fund (PPF) aims to seed the savings habit but both schemes have their own pros and cons.

Stressing on the girls role in making the India competitive and prosperous nation, Prime Minister Shri Narendra Modi has today launched a new small savings account for the girl child “Sukanya Samriddhi Account” as an integral part of the “Beti Bachao-Beti Padhao” campaign.

Sukanya Samriddhi Account was initially introduced by Shri Arun Jaitely in his maiden budget speech but has been officially launched today by Prime Minister Shri Narendra Modi. He has handed over bank account details to five girls under the “Sukanya Samridhi Yojna” (girl child prosperity scheme).

Sukanya Samridhi Yojna is a special deposit scheme for girl child only but one another popular scheme to benefit child (irrespective of girl or boy) is Public Provident Fund (PPF).

Let’s see the difference between Sukanya Samriddhi Account and Public Provident Fund (PPF)

Sukanya Samriddhi Account vs Public Provident Fund (PPF)

Points of Difference	Sukanya Samriddhi Account (SSA)	Public Provident Fund (PPF)
For whom	Only for Girl Child.	For every Indian Citizen.
Age Limit	From the birth till she attains age of 10 years.	No age limit.
By whom	By the girl child who has attained the age of 10 years or by the natural or legal guardian.	By the Individual but by the natural or legal guardian for the minor child.
Where to open	Post office and nationalized banks but not   private banks.	Post office and nationalized banks, including private banks.
Number of Account	One account for each girl child, maximum up to 2 or 3 accounts if twin girls are born in the second birth or triplets are born in the first birth.	Each Individual can hold only one account in   his name.
Minimum Contribution	Rs.1,000	Rs.500
Maximum Contribution	Rs.1.5 lakhs in all accounts.	Rs.1.5 lakhs in all accounts.
Interest Rate	9.1% per annum for fiscal year 2014-15.	8.70% per annum for fiscal year 2014-15.
Tax Benefit on the Contribution	Contributed Amount will be deductible u/s 80C.	Contributed Amount will be deductible u/s 80C.
Tax Benefit on the interest earned	At present no tax benefit is announced for the interest earned. A mere sum of Rs.1,5o0 will be deductible u/s 10(32) .	Interest Earned is tax free under PPF.
Time Period of contribution	Minimum tenure of contribution is 14 years from the date of opening of account.	Minimum 15 years and then in blocks of 5 years.
Maturity	21 years from the date of opening of account.	15 years from the fiscal year of opening of account.
Penalty	Rs.50 per year if minimum contribution is not made.	Rs.50 per year if minimum contribution is not made.
Mode of Deposit	Cash or Demand Draft or Cheque	Cash or Demand Draft or Cheque
Premature Withdrawal	Allowed up to 50% for the girl’s higher education and marriage after she attains 18 years of age	No premature withdrawal is allowed except in case of death of the account holder.
Loan	No loan can be taken on the SSA balance.	Loan can be taken from the third year of opening of account to the sixth year.
Taxation on Maturity	No tax will be levied on the maturity amount.	No tax will be levied on the maturity amount.

Note:

1.      Interest rate under both the schemes will be notified each year by the Government.

2.      Interest will be compounded yearly under both schemes.

3.      Loan on the PPF balance is restricted to 25% of the balance at the end of 2^nd year.

4.      At present interest earned on SSA account is taxable in the hands of guardian but it may get tax rebate in the upcoming budget.

5.       Contributed amount get deduction u/s 80c up to Rs.1.5 lakhs including all other eligible investments.