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Wednesday, December 07, 2016

Restoration of Commutation of Pension -reg


Government of India
Ministry of Finance
Department of Expenditure
Central Pension Accounting Office (CPAO)
Trikoot-II, Bhikaji Cama Place
New Delhi – 110066

No.CPAO/CDN/(40)/2016-17/509
Dated: 02.12.2016
Office Memorandum

Sub: Restoration of Commutation of Pension -reg.

A reference is invited to OM No.CPAO/Tech/Banks Performance/2015-16/45 dated 02.062016 and OM No.CPAO/IT&Tech/Simplification/2016-17/IIVol-V/162 dated 31.10.2016 (copy enclosed) whereby all the CPPCs were requested to submit monthly reports on the restoration of commuted portion of pension after 15 years from the date of payment of commutation and commencement of family pension after the death of pensioner. However, no such reports have been received from CPPCs.

You are therefore requested to send monthly reports on the above matter as per Annexure-A and Annexure-B.

The monthly reports may be mailed to CPAO on our e-mail id sraocord-cpao@gov.in.

Krishna Sharma
Sr, Accounts Officer (CDN)
Ph no: 011-26178990

CGHS Medical Reimbursement Enhanced to 5 lakhs






Source : http://cghs.gov.in/WriteReadData/l892s/Enhancement%20of%20Financial%20Powers%20to%20HODs.pdf

Indian Bank Recruitment for Probationary Officer (PO) 2017 (PGDBF) for 324 Posts


Indian Bank is inviting online applications from  young and bright graduates who fulfill the eligibility criteria specified  and  who  are  interested  in  Banking  career,  for  admission  to  the  One  year  Post Graduate Diploma in Banking and Finance (PGDBF) course at Indian Bank Manipal School of Banking (IBMSB), which has been set up jointly by India n Bank and Manipal Global Education Service Pvt Ltd. You can apply online from 6th December 2016 to 22nd December 2016. No IBPS Score required to apply. The Online Test will be held in two phases. Preliminary test will be held on 22nd January 2017 and the Main online exam will be held on 28th February 2017. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.


Posts : Probationary Officer (PO) : 324 Posts

Educational Qualification : Degree (Graduation) with a minimum of 60% (55% for SC/ST/PWD) marks in aggregate in any discipline from a recognised University OR any equivalent qualification as such recognised by Central Government.

Age Limit : (As on 01.07.2016) Minimum 20 years- Maximum 28 years i.e. a candidate must have been born not earlier than 02.07.1988 and not later than 01.07.1996 (both dates inclusive)

Selection Process : Candidates will be selected based on an interview.

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

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Apply Online : Click Here

Important Dates :
Starting date of Online Registration - 6th December 2016
Last Date of Online Registration - 22nd December 2016
Download of Call Letters for Pre Exam Training - after 5th January 2017
Conduct of Pre-Exam Training - 12th January 2017 to 19th January 2017
Call Letter Download for Preliminary Exam - after 11th January 2017
Preliminary Online Examination  - 22nd January 2017
Result of Preliminary Online Exam - 30th January 2017
Download of Call Letters for Main Online Exam - 16th February 2017
Main Online Examination - 28th February 2017

RBI to issue new Rs 20/50 notes;



New Delhi, Dec 4 (PTI) The Reserve Bank today said it will issue new currency notes of Rs 20 and Rs 50 denominations with numerals in ascending size in the number panels and without intaglio printing.

The old notes of Rs 20 and Rs 50 will remain legal tender.

These new notes come against the backdrop of government last month scrapping Rs 500/1000 currency notes to crack down on black money.

"The Reserve Bank of India will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter L in both the number panels, bearing signature of Dr Urjit R Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote," RBI said in a statement.

The design and security features of these banknotes will be similar to the banknotes of Rs 20 denomination with the ascending font of numerals in both the number panels and without intaglio print issued earlier in Mahatma Gandhi Series- 2005, it said.
RBI also said that all the banknotes in the denomination of Rs 20 issued by the Bank in the past will continue to be legal tender.

About Rs 50 notes RBI said, "The Reserve Bank will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr Urjit R Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote." 

It said that the design and security features of these banknotes will be similar to the banknotes of Rs 50 denomination with the ascending font of numerals in both the number panels and without intaglio print issued earlier in Mahatma Gandhi Series- 2005.

All the banknotes in the denomination of Rs 50 issued by the Bank in the past will continue to be legal tender, it added.

Any Payment above Rs.5,000 by Government Departments to be now made through e-Payment



Press Information Bureau 
Government of India
Ministry of Finance
05-December-2016 15:33 IST

Any Payment above Rs.5,000 to Suppliers, contractors, grantee/loanee institutions etc by Government Departments to be now made through e-Payment to attain the goal of complete digitization of Government payments. 
In order to attain the goal of complete digitization of Government payments, the Ministry of Finance, Government of India has again reviewed the existing limit of Rs. 10,000/-(Rs. Ten Thousand only) prescribed regarding e-payment to Suppliers etc. It has now been decided to lower this threshold limit from Rs. 10,000 to Rs. 5,000 (Rupees Five Thousand only).The last review in this regard was made only in August, 2016.

Accordingly, all the Ministries/Departments of the Government of India have been now directed by the Ministry of Finance to ensure with immediate effect that all payments above Rs. 5000/- (Rupees Five Thousand only) to suppliers, contractors, grantee/loanee institutions etc. are made by issue of payment advises only.
*****
DSM/KA

Source : http://finmin.nic.in/Payment_suppliers_Govt_Departments_Epayments.pdf

Central govt employees expect January 2017 Dearness Allowance up to 3%


New Delhi: Central government employees were not satisfied with the 2 percent Dearness Allowance(DA) announced by the government for July to December 2016 period. A discussion among the employees has begun what could be the expected DA in January 2017.


Illustration 1:

In case AICPIN value more than 277 for November and December 2016, then Dearness Allowance from January 2017 will be 3%

Illustration 2:

In case AICPIN less than 277 for November and December, then Dearness Allowance from January 2017 will be 2% due to demonetisation, AICPIN Value may be volatile for coming months, said the post.

Source :http://zeenews.india.com 

Employment News : 03 December 2016 to 09 December 2016





JOB HIGHLIGHTS
ANAND AGRICULTURAL UNIVERSITY GUJARAT
Name Of Post : Professor, Associate Professor, Principal, Assistant Professor
No.of Vacancies : 66
Last Date :17.12.2016
HIGH COURT ALLAHABAD
Name Of Post : Review officer
No.of Vacancies : 343
Last Date :15.12.2016
DIRECTOR GENERAL BORDER SECURITY FORCE NEW DELHI
Name Of Post : Assistant Sub-Inspector (Stenographer), Head Constable (Ministerial)
No.of Vacancies : 157
Last Date :30 days after publication
HINDUSTAN INSECTICIDES LIMITED MAHARASHTRA
Name Of Post : Hindi Officer, Assistant Manager, Analyst, etc
No.of Vacancies : 12
Last Date :21 days after publication
NOIDA METRO RAIL CORPORATION
Name Of Post : Station Controller, Customer Relations, Junior Engineer, Account Assistant, Office Assistant, Stenographer, Maintainer
No.of Vacancies : 745
Last Date :15.12.2016
POWER FINANCE CORPORATION LIMITED NEW DELHI
Name Of Post : Deputy Manager, Assistant Manager, Officer, Junior Officer, Translator
No.of Vacancies : 11
Last Date :12.12.2016
Source : www. employmentnews.gov.in/