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================ Blog maintained by : P. Radhamohan Nair, Private Secretary to Post Master General, (Retired) Northern Region, Calicut, Kerala Circle=================

Wednesday, January 25, 2017

7th CPC Minimum Wage and Fitment Formula, Allowances, Pension and Very Good Benchmark, NPS etc.: NJCA Meeting with Cabinet Secretary

7th CPC Minimum Wage and Fitment Formula, Allowances, Pension and Very Good Benchmark, NPS etc.: NJCA Meeting with Cabinet Secretary on 19.01.2017 status
National Joint Council of Action
4, State Entry Road New Delhi – 110055
Dated: January 19, 2017
All the Constituents of
National Council(JCM)
Dear Comrades,
Sub: Brief of the meeting held today with the Cabinet Secretary
A meeting was held today with the Cabinet Secretary, Government of India, wherein myself as well as Com M.Raghavaiah were present.
We explained him about various Issues of the Central Government Employees pending at the government level The main issues were NPS, Minimum Wage and Fitment Formula, Allowances, Pension and Very Good Benchmark, etc. etc.
The Cabinet Secretary informed us that, Pension issues have already been referred to the Cabinet, and the report of the Committee on Allowances is likely to be submitted in the next month. So far as issue of NPS is concerned, he has already directed the committee to hold a meeting with the Staff Side, which has already been fixed for 20th January 2017, The issue of Minimum Wage and Fitment Formula is also being vigorously pursued by the government.
He said that, inordinate delay was because of the various problems, but the intention of the government is very clear that, they want to resolve the problems of the Central Government Employees.
He also advised us to have patience for some time and given us an assurance that he would try to get resolved pending issues of the Central Government Employees as early as possible.
Comradely yours,
(Shiva Gopal Mishra)

Income Tax Rates FY 2016-17 (AY 2017-18) - Finmin Orders

CIRCULAR NO : 01/2017
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, New Delhi
Dated the 2nd January, 2017
Reference is invited to Circular No.20/2015 dated 02.12.2015 whereby the rates of deduction of income-tax from the payment of income under the head "Salaries" under Section 192 of the Income-tax Act, 1961 (hereinafter ‘the Act’), during the financial year 2015-16, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head "Salaries" during the financial year 2016-17 and explains certain related provisions of the Act and Income-tax Rules, 1962 (hereinafter the Rules). The relevant Acts, Rules, Forms and Notifications are available at the website of the Income Tax Department- www.incometaxindia.gov.in.
As per the Finance Act, 2016, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head "Salaries" for the financial year 2016-17 (i.e. Assessment Year 2017-18) at the following rates:
2.1 Rates of tax
A. Normal Rates of tax:
B. Rates of tax for every individual, resident in India, who is of the age of sixty years or more but less than eighty years at any time during the financial year:
C. In case of every individual being a resident in India, who is of the age of eighty years or more at any time during the financial year:

Suspicious bank deposits first in Income Tax’s probe queue

  The income-tax department has begun raising queries with regard to what it thinks are suspicious bank deposits, including those made in cooperative banks, said tax officials and consultants with direct knowledge of the matter. 

The move is part of the government’s crackdown on money laundering in the wake of demonetisation. “In the first round, the tax department is focusing on those bank accounts that do not have proper KYC (know your customer) credentials or cash deposits do not correspond with the individual’s income,” said one of them. ETreported on January 19 that the I-T department was looking to question cash deposits exceeding Rs 10 lakh. 

About 1.5 lakh accountholders have deposited more than Rs 10 lakh each and there have been suspicious cash deposits in one crore accounts belonging to 75 lakh people, ET said. 
Suspicious bank deposits first in Income Tax’s probe queueThe tax department is specifically targeting some people in the first round based on big data analytical tools deployed by the Central Board of Direct Taxes (CBDT). This is being used to examine bank deposits to segregate black money holders from genuine tax payers. It compares tax returns of individuals, tax paid by companies owned by some people and other tax-related data with information collected from banks on how much money was deposited by individuals. 

The queries are raised through an online platform seeking explanations from those who have deposited large sums since demonetisation was announced on November 8. Only those with permanent account numbers (PAN) or Aadhaar identities can access the e-platform. 

The queries raised are very specific and in some cases tax officials are demanding that bank account holders submit scanned copies of their PAN and Aadhaar cards. Experts said bank account holders who have not cleared the KYC process, especially in some cooperative banks, are to be questioned first. 

In the first round, the tax department will concentrate on suspicious accounts in which at least Rs 10 lakh was deposited after demonetisation was announced. 

“As we see, the tax department could also raise questions about large bank deposits since April 2016, but in view of a high number of cases, this may take some time but the process has been initiated. However, care should be taken that black money hoarders must be targeted and genuine tax payers are not harassed,” said Rakesh Nangia, managing partner, Nangia and Co., a tax advisory. 

“This is the first phase where queries are raised by tax department and we suspect that all bank accounts will not attract questions. The tax office may pick up accounts which may look suspicious, considering information collected from other sources,” said Amit Maheshwari, partner, Ashok Maheshwary and Associates. 

“In some cases where such depositor is not having PAN, he needs to obtain PAN first and then only he would be able to log in to the system for responding. All those who have received queries are required to respond on the e-platform,” said Paras Savla, partner, KPB & Associates, a tax consultancy. “The analytical tools raise red flags wherever there are discrepancies,” said a person in the know.

Source : The Economic Times

Commemorative Postage Stamps on "Legendary Singers of India" released on 30.12.2016.

Extending Outreach of Passport Services through Network of Post Offices

  The Passport Seva Project (PSP), an ambitious Mission Mode Project of the Government of India, is being successfully run in the Public Private Partnership (PPP) mode as part of the National e-Governance Plan. It has emerged as one of the most noticeable statutory and citizen-centric services being rendered by the Government. M/s Tata Consultancy Services (TCS) is the Service Provider for the PSP.
At present, 89 Passport Seva Kendras (PSK) with best-in-class amenities are operating across the country as extended arms of the 38 Passport Offices, thus providing extended reach to passport applicants. Several quantitative and qualitative improvements in the delivery of passport services in the country have been made during the last two and a half years.
Over the years, there has been an expansion in the volume of passport related services. Government of India rendered 1.15 crore passport and other related services during the calendar year 2016.
The Ministry of External Affairs has engaged closely with the Police Departments across States/ Union Territories to reduce the time taken in completion of Police Verification Report (PVR) for expeditious issuance of Passports. The Department of Posts has been a valuable partner of the Ministry of External Affairs in the PSP by ensuring timely despatch and delivery of the passports from the Passport Offices to the registered address of the passport applicants.
In order to streamline, liberalize and ease the process of issue of passport, the Ministry of External Affairs has made several changes towards the end of last year in the realm of passport policy which is expected to benefit the citizens of India applying for a passport. It is expected that these changes in the Passport Rules would further ease the process for passport applicants in getting their passports.
The objective of the Government has been to cater to the demand for passports and to reach out to the people located far away from the Passport Offices. One approach has been to open PSK at various locations and under this, the Government has decided to inaugurate additional four PSK at Indore in Madhya Pradesh, Udaipur in Rajasthan, Siliguri in West Bengal and Sholapur in Maharashtra in the coming months. A second approach has been to organize Passport Seva Camps at various locations. During 2016, 80 such Camps have been organized at various locations across the country in which 34,111 passport applications were processed.
In order to extend passport services to our citizens on a larger scale and to ensure wider area coverage, the Ministry of External Affairs (MEA) and the Department of Posts (DOP) have now agreed to utilize the Head Post Offices (HPO) in the various States as Post Office Passport Seva Kendra (POPSK) for delivering passport related services to the citizens of our country. The pilot projects for this joint venture between MEA and DOP would be inaugurated on 25 January, 2017 at the HPO at Mysuru in Karnataka and at Dahod in Gujarat. Appointments for passport applicants have been released for these two places beginning 25 January, 2017. Applicants, who apply for their passports online through the passport portal, can now schedule an appointment and then visit the designated POPSK to complete the formalities akin to those at the PSK necessary prior to the issue of the passport.
Delivery of passport related services through the POPSK would be yet another citizen-centric measure of the Government in taking IT- driven public services closer to the people of the country. This partnership would be an important step forward enabling the Government to continue to deliver passport related services to the citizens in a timely, transparent, more accessible, and reliable manner through streamlined processes and a committed, trained and motivated workforce.
Once the pilot projects are operationalized successfully, the Government intends to scale up this programme by opening POPSK in all the HPO in a phased manner.