Closing Ceremony of T20 Cricket Tournament - 2017

Badminton (Doubles) Tournament - 2017

T20 Cricket Runners - Hindupur Hunters Team A

T20 Cricket Winners - Anantha Achievers

Clarification regarding admissibility of flexi-fare in Shatabdi/Rajdhani/ Duronto trains while availing LTC.

Thank you one and all for making Kurnool Region Divisional Level T20 Cricket and Badminton Tournament - 2017

Dear Staff/Agents/Spectators,

                   I would like to thank each and every person who put their precious efforts to make the Kurnool Region Divisional Level T20 Cricket and Badminton Tournament-2017 a grand success. In the coming years, the spirit should be carried along to conduct similar tournaments in our division. The tournament was conducted in a fair manner without any complaints/conflicts. The staff of Hindupur Division has done commendable job and I wish the legacy should be carried along to the future.


Yours 
B.Md. Ismail
Supdt. of Post Offices
Hindupur Dn - 515201

Instructions to stop irregular Rule-37 transfers

Provision of one Office Assistant to Sub Divisional Heads for official assistance for half day daily

Tax on National Pension Scheme (NPS)

Press Information Bureau

Government of India

Ministry of Finance

11-April-2017 17:53 IST

Tax on NPS

The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance Act, 2016 by inserting clause (12A) in Section 10 of the Act.

  Prior to Finance Act, 2016, National Pension Scheme (NPS), referred to in section 80CCD, was under Exempt, Exempt and Tax (EET) regime i.e., the monthly/periodic contributions during the pension accumulation phase were allowed as deduction from income for tax purposes; the returns generated on these contributions during the accumulation phase were also exempt from tax but the terminal benefits on exit or superannuation, in the form of lump sum withdrawals, were taxable in the hands of the individual subscribed or his nominee in the year of receipt of such amounts unlike PPF and EPF which have been enjoying EEE regime i.e. Exempt, Exempt, Exempt.

 In order to rationalize the taxability of receipts from pension plans, vide Finance Act, 2016, section 10 of the Act was amended to provide that any payment from National Pension Scheme to an employee on account of closure or his opting out of the NPS shall also be exempt from tax, to the extent it does not exceed forty percent of the total amount payable to him at the time of closure or his opting out of the scheme. Further, Finance Act, 2017 has amended section 10 of the Income-tax Act to exempt partial withdrawals by employees (to the extent of 25% of the employee’s contribution) from their NPS accounts in accordance with the guidelines prescribed under Pension Fund Regulatory and Development Authority Act, 2013.

 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. 

Salary payment can be made in any mode - It is at our option

Payment of Salary and other Personal Payments, Salary by Cash on optional basis or through Cheque/Electronically through Bank – instructions

No. 2-1/2007-08/PA (Tech-I) D-813-897

GOVERNMENT OF INDIA

MINISTRY OF COMMUNICATION & IT

DEPARTMENT OF POSTS

PA WING: TECH-I BRANCH

DAK BHAVAN: SANSAD MARG

NEW DELHI-110001

Dated:11-12-2014

OFFICE MEMORANDUM

Sub:-Payment of Salary and other Personal Payments, Salary by Cash on optional basis or through Cheque/Electronically through Bank – instructions regarding.

In continuation of this Directorate O.M. of even No. D-482-558 dated 11.07.2007 wherein clarificatory Orders for disbursement of salary to the staff through POSB Accounts were issued and further O.M. of even No.D-255-326 dated 14.05.2009 wherein decision of Director General (Posts) for disbursement of Pay and Allowances to all employees of Department of Posts through cheque and/or through direct credit to the Salary/Savings Accounts of the employees concerned was conveyed for implementation in letter and spirit.

2. Further, another O.M. of even No. D-473-524 dated 03.10.2012 was issued, wherein decision of DG (Posts) was conveyed that payments of Salary and other personal payments including Retirement/Terminal benefits to all employees of Department of Posts mandatorily be made through Bank including POSB electronically by issuing payment advices with immediate effect. However, in special and exceptional cases, payment of Pay and Allowances including other personal payments to the employees can be made through cheque only with the prior approval of Head of Office/Divisional Head/Head of Postal Accounts office.

3. The case has been carefully re-examined in the light of provisions contained in Ministry of Finance, Gazette Notification dated 30.03.2012 and Department of Expenditure, Controller General of Accounts OM. F. No. 1(1 )/20ll/TA/292 &303 dated 31.03.2012 & 11.04.2012 and it has been decided by DG (Posts), that hence forth, all Government Servants of Department of Posts are permitted to receive their Salary by direct credit to their Bank Accounts or in Cash or by Cheque, at their ‘option’ and payments other than Salary like HBA above Rs. 25000/- and all payments towards settlement of Retirement/Terminal benefits such as Gratuity, Commuted value of Pension, Encashment of Leave Salary, CGEGIS, withdrawal from General Provident fund, etc. by issue of – payment advices, including electronically signed payment advices, Cheque/POSB Account or Bank Account.

4. All concerned are requested to issue suitable instructions to all Drawing and Disbursing Authorities working under their administrative jurisdiction for strict compliance.

5. The receipt of this OM may kindly be acknowledged to Sh. Naresh Kumar, Asstt. Chief Accounts Officer (PEA), Room No. 412, Dak Bhavan, New Delhi – 110001

sd/-

(Rajnish Kumar)

DDG(PAF) 

Revision of Minimum Rates of Wages : Ministry of Labour & Employment

FLOATING POSTING ON DAL LAKE

Srinagar/New Delhi: Tourists to Jammu and Kashmir now have another attraction - a floating post office on the Dal Lake in Srinagar, the first in the country.

Besides offering normal services, the place will also have a philately museum and a shop that will sell postage stamps and other products.

"This is the first such post office in India. It has been made as a tourist focus post office on a huge house boat and will provide a unique and tourist-friendly service to the people of Kashmir and to tourists from across the world,"