Welcome to the official blog of AIPSA. This blog is meant for use by members of All India Postal Stenographers' Association******E-mail: parambilmohan@gmail.com
================ Blog maintained by : P. Radhamohan Nair, Private Secretary to Post Master General, (Retired) Northern Region, Calicut, Kerala Circle=================

Wednesday, November 23, 2016

Bank of Baroda (Gujarat) Recruitment of 217 Peon & Sweeper cum Peon Posts 2016

Posts :

·         Full-Time Sweeper-cum-Peon : 209 Posts
·         Peon : 08 Posts

* Branches/Offices at Ahmedabad, Kheda, Anand, Kutch, Gandhinagar, Sabarkantha, Jamnagar, Junagadh, Gir-Somnath, Mehsana, Banaskantha, Rajkot, Bhavnagar, Surendranagar, Amreli, Morvi, Botad, Patan districts.

# Finally selected candidates can be posted against any vacancy in the State as per the administrative requirements of the Bank.

@ Candidates belonging to SC category can also apply for un-reserved vacancies. However, guidelines applicable to candidates belonging to Unreserved category would apply.

Total No. of Posts : 217 Posts

Educational Qualification :
A pass in Xth Standard examination or its equivalent.
The candidate should be able to read and write in the local vernacular language. Knowledge of English will be given added weightage.

Age Limit : Should have completed minimum 18 years of age but should not be more than 26 years of age, as on 03/12/2016. Relaxation shall be granted in the upper age limit as per Government guidelines admissible to SC/ST/OBC/PWD/Ex-servicemen candidates.

Application Fees : Application Fees/ Intimation Charges Payable (Online payment) shall be as follows :
Rs. 100/- for SC/ST/PWD/EXSM candidates.
Rs. 400/- for all others

Bank Transaction charges for Online Payment of application fees/ intimation charges will have to be borne by the candidate

Selection Process :
Selection will be only through the mode of examination (offline/ online) strictly on merit.
The structure of the examination which will be conducted offline/ online for Sweeper-cum-Peon/Peon is as follows

Topics/ Subject

Total Marks
Marks #

Total Time
Knowledge of local language
Knowledge of English language
General awareness including Banking
2 hours
Elementary Arithmetic/Numeral Ability
Psychometric Test

How to Apply : Interested Candidates may Apply Online Through official Website.

Advertisement : Gujarati | English

How to Apply : Click Here

Apply Online : Click Here

Last Date : The last date for submission of Online application is upto 5.00 pm on 13rd December, 2016.

For Other Zone Recruitment : 
Click Here

DO Letter regarding RBI Notification in connection with Withdrawal / Exchange Limits

7th CPC recommendation on Disability Pension of Ex-Servicemen

Press Information Bureau
Government of India
Ministry of Defence

22-November-2016 15:16 IST 

7th CPC recommendation on Disability Pension of Ex-Servicemen
Government vide Notification dated 30th September 2016 have issued detailed recommendations of the 7th Pay Commission relating to pensionary benefits of Defence Forces Personnel and the decisions taken thereon by the Government.  The 7th Central Pay Commission (CPC) recommended the following on disability pension:-

The Commission is of the considered view that the regime implemented post VI CPC needs to be discontinued, and recommended a return to the slab based system.  The slab rates for disability element for 100 percent disability would be as follows:

Rate per month (INR)
Service Officers
10 and above
Honorary Commissioned Officers
Subedar  Major / Equivalents
6  to  9
Subedar / Equivalents
Subedar / Equivalents
Havildar / Equivalents
5  And  below
Naik / Equivalents
Sepoy / Equivalents

The above recommendation has been accepted with the approval of the Cabinet and Resolution dated 30.09.2016 issued accordingly.

The 6th CPC dispensation of the calculation of disability element on percentage basis, however, continues for civil side which has resulted in an anomalous situation.  The issue has accordingly been referred to the Anomaly Committee.

This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri Rajeev Shukla in Rajya Sabha today.

Declaration of undisclosed Black Money

Press Information Bureau 
Government of India
Ministry of Finance

22-November-2016 17:53 IST 

Declaration of undisclosed Black Money

A total number of 64,275* declarants have made declaration of undisclosed income of Rs.65,250* crore under the Income Declaration Scheme, 2016. (*Provisional). Under the Income Declaration Scheme, 2016 the amount of tax, surcharge and penalty is payable in three instalments. The notified date for payment of first instalment is 30th November, 2016. Hence, the quantum of tax collected as part of the Scheme cannot be quantified at this stage.

Government has taken several measures, by way of policy initiatives and enforcement action, to curb black money. Such measures include –

(i) Constitution of the Special Investigation Team (SIT) on Black Money under Chairmanship and Vice-Chairmanship of two former Judges of Hon’ble Supreme Court.

(ii) Enactment of ‘The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’ to specifically deal with the issue of black money stashed away abroad. The Act inter alia provides stringent provisions for concealment penalties (equal to three times the amount of tax payable) and contains stringent provision for prosecution.

(iii) Constitution of Multi-Agency Group (MAG) consisting of officers of Central Board of Direct Taxes (CBDT), Reserve Bank of India (RBI), Enforcement Directorate (ED) and Financial Intelligence Unit (FIU) for investigation of recent revelations in Panama paper leaks.

(iv) Proactively engaging with foreign governments with a view to facilitate and enhance the exchange of information under Double Taxation Avoidance Agreements (DTAAs)/Tax Information Exchange Agreements (TIEAs)/ Multilateral Conventions.

(v) Joining the Multilateral Competent Authority Agreement in respect of Automatic Exchange of Information (AEOI) and having information sharing arrangement with USA under its Foreign Account Tax Compliance Act (FATCA).

(vi) Renegotiation of DTAAs with other countries to bring the Article on Exchange of Information to International Standards and expanding India’s treaty network by signing new DTAAs and TIEAs with many jurisdictions to facilitate the exchange of information and to bring transparency.
(vii) Enabling attachment and confiscation of property equivalent in value held within the country where the property/proceeds of crime is taken or held outside the country by amending the Prevention of Money Laundering Act, 2002 through the Finance Act, 2015.

(viii) Enactment of the Benami Transactions (Prohibition) Amendment Act, 2016 to amend the Benami Transactions (Prohibition) Act, 1988 with a view to, inter alia, enable confiscation of Benami property and provide for prosecution. The provisions of the amended Prohibition of Benami Property Transaction Act, 1988 have come into effect from 01.11.2016.

(ix) Initiation of the information technology based ‘Project Insight’ by the Income Tax Department for strengthening the non-intrusive information driven approach for improving tax compliance and effective utilization of available information.

(x) Withdrawal of Rs.500 and Rs.1000 denominations of Bank Notes of the existing series issued by Reserve Bank of India vide Notification No.2652 [S.O.3407(E)] dated 08.11.2016.

(xi) Amendment of Rule 114B of the Income-tax Rules to mandate quoting of PAN, for transactions of sale or purchase of goods or services of any nature above Rs.2 Lakh.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.

PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000

Press Information Bureau 
Government of India
Prime Minister's Office

22-November-2016 13:33 IST 

PM invites views from the people, on decision taken regarding currency notes of Rs. 500 and Rs. 1000

The Prime Minister, Shri Narendra Modi, has invited views from the people, on the recent decision taken by the Union Government regarding currency notes of Rs. 500 and Rs. 1000. 

People can submit their views through a survey consisting of 10 questions, which is available through the Narendra Modi App. Sharing the link to this survey, the Prime Minister tweeted today that he wants a first-hand view from the people, regarding this decision. 

The ten questions in the Survey are as follows: 

1. Do you think that black money exists in India? a. Yes b. No 

2. Do you think the evil of corruption and black money needs to be fought and eliminated? a. Yes b. No 

3. Overall, what do you think about the Government's moves to tackle black money? 

4. What do you think of the Modi Government's efforts against corruption so far? Scale of 1 to 5 - outstanding, very good, good, ok, useless 

5. What do you think of the Modi Government's move of banning old Rs 500 & Rs 1000 notes? a. Great move in the right direction b. Good move c. Will make no difference 

6. Do you think demonetisation will help in curbing black money, corruption & terrorism? a. It will have an immediate impact b. There will be impact in medium to long term c. Minimal impact d. Don't know 

7. Demonetisation will bring real estate, higher education, healthcare in the common man's reach a. Completely Agree b. Partially Agree c. Can’t say 

8. Did you mind the inconvenience faced in our fight to curb corruption, black money, terrorism and counterfeiting of currency? a. Not at all b. Somewhat, but it was worth it c. Yes 

9. Do you believe some anti-corruption activists are now actually fighting in support of black money, corruption & terrorism? a. Yes b. No 

10. Do you have any suggestions, ideas or insights you would like to share with PM Narendra Modi? 

This survey is in sync with the Prime Minister's vision of participative governance and directly seeking the views of the people of India on key policy and execution matters. 

The Prime Minister has sought answers on very pointed and direct aspects of the decision of 500 and 1000 rupee notes ceasing to be legal tender. He has also sought feedback from the people on how to make the implementation stronger. 

The Prime Minister's core beliefs of direct engagement with people are yet again on full display in the survey.

Deposit of old demonetized notes of 500 and 1000 in Small Savings Scheme - Finmin Order 22.11.2016

Ministry of Finance
Department of Economic Affairs
(Budget Divisional)
North Block, New Delhi
Dated 22nd November 2016
1. The Chief General Manager
Reserve Bank of India
Department of Government & Bank Accounts
Central Office, Byculla Office Accounts
4th floor, Opposite Mumbai Central Railway Station
Byculla, Mumbai - 400008

2. The Deputy Director General (FS)
Department of Posts
Dak Bhawan, Sansad Marg, New Delhi

3. The Joint Director & HOD
National Savings Institute
ICCW Building

4. Deen Dayal Upadhyay Marg
New Delhi-110003

Subject: Deposit of old demonetized notes of 500 and 1000 in Small Savings Scheme

I am directed to state that Ministry of Finance has received references from Banks whether currency notes of Rs.500 and Rs.1000, discontinued w.e.f.9.11.2016, can be deposited in accounts opened under small savings schemes. The matter was examined in this Ministry and it has been decided that subscribers of Small Savings Scheme may not be allowed to deposit old currency note of Rs.500 and Rs.1000, in Small Savings Schemes.

2. This may be compiled strictly.

3. This has the approval of Secretary (Economic Affaris).

Yours faithfully,
(Padam Singh)
Regional Director(Sr.)

Source : http://www.finmin.nic.in/SSS_22112016.pdf