03/07/2015
Framing of Rotational Transfer Policy by Cadres Authorities
Press Information Bureau
Government of India
Ministry of Personnel, Public Grievances & Pensions
03-July-2015 19:09 IST
Government of India
Ministry of Personnel, Public Grievances & Pensions
03-July-2015 19:09 IST
Framing of Rotational Transfer Policy by Cadres Authorities
The
Government has asked the Cadre Authorities in various Ministries/Departments to
submit Action Taken Report latest by July 10, 2015 on framing Rotational
Transfer Policy and putting up in public domain, identification of sensitive
posts and rotation of Officers from sensitive posts as per provisions.
The
Rotational Transfer Policy aims to harmonise objectives of institutional
memory, avoid development of vested interests and provide variety of exposure
to employees thereby ensuring overall growth of an officer. While the Transfer
Policy prescribes minimum and maximum tenure for each post, any exception
should be with the approval of the Committee constituted for this purpose which
shall record the reasons in writing.
The
draft Rotational Transfer Policy for the Central Secretariat Service is
available on the DoPT website with the following link:
RBI may give payment bank licence to
postal department in August: Ravi Shankar Prasad
NEW DELHI: Union Minister Ravi Shankar Prasad today said he expects Reserve Bank of India (RBI) to grant payment licence
to the proposed Post Bank of India by August.
This will enable the network of
1,54,000 post offices (including 1,30,000 rural post offices) to offer banking
services to the masses in the country.
"We expect RBI
to give payment bank licence to post (department) in August," Minister of
Communications and IT Prasad said.
In last one year, the Department of Post (DoP) has networked 27,215
post offices into one national unit through computers.
The DoP, which has applied for a
payment bank licence, has a hybrid model in mind to operate Post Bank of India.
As per RBI guidelines, payment banks
would offer a limited range of products such as demand deposits and
remittances. They will not be allowed to undertake lending activities and will
initially be restricted to holding a maximum balance of Rs 1 lakh per
individual customer.
They will be allowed to issue ATM or
debit cards as also other prepaid payment instruments, but not credit cards.
According to a source, Prasad has
approved hybrid model suggested by Ernst & Young which prepared detailed
project report on Post Bank of India (PBI).
"E&Y has come out with
three models but suggested preference to a hybrid model. Under which about 600
branches will be directly operated by PBI staff in post office premises and
transactions in other parts of the country will be supported by India post staff," a post bank official
said.
Post Bank of India is proposed to
have its own employees and IT infrastructure. The transaction handled by India
Post, employees will be entered in to the server of PBI.
The Department expects revenue of
over Rs 550 crore from PBI in first five years.
Electronic Filing of Income Tax Returns for 2015-16 Commences
Press Information Bureau
Government of India
Ministry of Finance
Electronic Filing of Income Tax Returns for 2015-16 Commences; ITR 1-Sahaj,
2 and 2A can be Used by Individuals or HUF Whose Income Does not Include Income
from Business;Government of India
Ministry of Finance
ITR 4S – SUGAM can be Used by an Individual or an HUF Whose Income Includes Business Income Assessable on Presumptive Basis; Taxpayers Requested to E-File Their Returns Early to Avoid the Rush Closer to the Last Date of Filing.
The Income Tax Department has released the software for preparing the Income Tax Return forms 1- SAHAJ, 2, 2A and 4S- SUGAM for AY 2015-16. The e-filing of these return forms has been enabled on the e-filing website-https://incometaxindiaefiling.gov.in.
ITR 1-SAHAJ, 2 and 2A can be used by individual or HUF whose income does not include income from business. ITR 4S – SUGAM can be used by an individual or HUF whose income includes business income assessable on presumptive basis. The elaborate details of the persons who can use these forms are available in the instructions for filling the forms.
The facility for pre-filling of information for these return forms is available in the software for preparing the return forms. When the taxpayer exercises this option and just fills in his PAN, then personal information and information on taxes paid and TDS will be auto-filled in the form. Taxpayers are requested to use the return preparation software available free of cost under the ‘Downloads’ section on the home page of the Income Tax Department’s e-filing website-https://incometaxindiaefiling.gov.in. The use of Departmental software will ensure preparation of error-free returns thereby avoiding any need for future rectification due to data validation mistakes.
Taxpayers are requested to e-file their returns early to avoid the rush closer to the last date of filing.
3)A
parliamentary panel has recommended doubling the salary of law makers
and also increasing pension of former MPs by almost 75%. The
joint committee, which has submitted its recommendations to the
government, has also proposed an automatic pay revision mechanism for
parliamentarians like that of pay commission for government employees.
Click the above link to see the detail