Saturday, January 21, 2017

Summary of GDS report

Summary of GDS report            

1.   The minimum working hours of GDS Post Offices and GDS is increased to 4 hours from 3 hours. 

2.   The new working hours for GDS Post Offices will be 4 hours and 5 hours only.

3.   The Level 1 GDS Post Offices/GDSs will have 4 hours as working hours and Level – 2 will have 5 hours as working hours.

4.   The Point System for assessment of workload of BPMs has been abolished.

5.   The new wage payment system is linked to revenue generation of GDS Post Offices. Under the new system, there will be no increase in wagess of BPMs from Level-1 to Level-2 on the basis of workload but the same will be increased based on achievement of prescribed revenue norms which is fixed at 100% for normal areas and 50% for special areas which presently have 15% anticipated income norms.

6.   The GDS Post Offices not achieving the prescribed revenue norm within the given working hours will have to open GDS post offices for minimum of additional 30 minutes beyond the prescribed working hours.

7.   The GDSs BPMs will be paid Revenue Linked Allowance @10% beyond Level 2 wage scale if they will be successful in achieving revenue beyond prescribed norms

8.   The GDS Post Offices has been categorized into A,B,C and D categories based on the revenue generation norms. The GDS Post Office in A category will achieve 100% revenue. The Committee has recommended a set of actions for each category of GDS Post Offices.

9.   The six approved categories of GDS are subsumed into two categories only. One category will be Branch Post Master and all other 5 categories of GDSs are subsumed into one multi tasking category.

10.   The job profile of Multi Tasking GDS is expanded to include work such as Business Development and Marketing etc. Their jobs will no more be confined to their old designations. The Assistant BPM will assist BPMs for increasing revenue generation.

11. The GDSs working in the GDS Post Offices will be known as Assistant Branch Post Master (ABPMs) and those working in the Department Post Offices will be known as Dak Sevak (DS).

12. The minimum wage has been increased to Rs.10000/- per month and maximum to Rs.35,480/- per month.

13.   The rate of annual increase is recommended as 3%.

14. A composite Allowance comprising of support for hiring accommodation for GDS Post Offices as well as mandatory residence, office maintenance, mobile and electricity usage charges etc. has been introduced for the first time.

15. Children Education Allowance @ Rs.6,000/- per Child per annum has been introduced for GDS.

16. Risk & Hardship Allowance @ Rs.500/- per month for GDSs working in the special areas has also been introduced.

17. A Financial upgradation has been introduced at 12 Years, 24 years and 36 Years of services in form of two advance additional annual increases.

18.  The ceiling of ex-gratia gratuity has been increased from Rs.60,000 to Rs.5,00,000/-

19.The GDS contribution for service Discharge Benefit Scheme (SDBS) should be enhanced maximum up to 10% and minimum up to 3% of the basic wage per month, whereas the Department should contribute a fixed contribution of 3% of the basic wage of the GDSs.

20. The coverage of GDS Group Insurance Scheme has been enhanced from Rs.50,000/0 to Rs.5,00,000/-.

21. The contribution of Department in Circle Welfare Fund (CWF) has been increased from Rs.100/- per annum to Rs.300/- per annum.

22. The Scope of CWF is extended to cover immediate family members such as spouse; daughters, sons and dependent daughters in law in the scheme.

23. The Committee also recommended 10% hike in the prescribed limits of financial grants and assistance in the Circle Welfare Fund.

24. The Committee has recommended addition of Rs.10,000/- for purchase of Tablet/Mobile from the Circle Welfare Fund in the head ” Financial Assistance from Fund by way of loans with lower rate of interest (5%)”.

25. Provision of 26 weeks of Maternity Leave for women GDSs has been recommended.

26. The wages for the entire period of Maternity Leave is recommended to be paid from salary head from where wages of GDSs are paid.

27.   The Committee has also recommended one week of Paternity Leave.

28. The Committee has recommended 5 days of emergency leave per annum
           Leave accumulation and encashment facility up to 180 days has been    
           introduced.

29. Online system of engagement has been recommended.

30. The maximum age limit of 50 years for Direct Recruitment of GDSs has been abolished.

31.Minimum one year of GDS service will now be required for GDSs for Direct Recruitment into Departmental cadres such as MTS/Postman/Mail Guard.

32.   Alternate livelihood condition for engagement of GDSs has been relaxed.

33.   Voluntary Discharge Scheme has been recommended.

34.   The Discharge age has been retained at 65 years.

35. The Limited Transfer Facility has been relaxed from 1 time to 3 Time for male GDSs. There will be no restriction on number of chances for transfer of women GDSs. The power for transfer has been delegated to the concerned Divisional head.

36. The ex-gratia payment during put off period should be revised to 35% from 25% of the wage and DA drawn immediately before put off.

37. The committee has recommended preferring transfer before put off duty.

38. The compassionate Engagement of GDS has been relaxed to give benefits to eligible dependents in all cases of death of GDS while in service.

Wednesday, January 11, 2017

Implementation of SBI-Buddy wallet in Post Offices

India Post to Start SBI Buddy Wallet Service in Post Offices

In order to move towards digitization of cash transactions at post offices for its Saving Bank Customers, Department of Posts (DoP) has approached the State Bank of India to provide customized services of State Bank Buddy wallet for branches of Post Offices. Cashiers/Postal Assistant at authorized Post Offices will accept two kinds of withdrawal forms from their Saving Bank customers. One for withdrawing cash and other for loading their Buddy wallet.
1. DoP would like to open wallets for their identified Post offices across India.

2. To begin with, DoP will start with 1000 Post Offices and then extend to larger no. of Post Offices. All these Post Offices will be provided with a smart phone, by the respective Divisional Heads/Chief Postmaster/Sr. Postmasters. These phones Will be the assets of the post Office concerned and Will be the deposited in the treasury at end of the day. At the beginning of the day the phone will be given to the SB Cashier handling the Buddy wallet.

3. State Bank Buddy wallet will be downloaded from Google play /Apple store and wallet account will be registered on these (Post Offices’ Official) Mobile Numbers.

4. Sansad Marg HO will be assigned as a nodal office for SBl buddy. DoP will share with SBl the list of mobile nos. to be used on Post Office counters. Against each mobile no. in the list, name & address of PO along with other details considered important for accounting and MIS.

5. SBI will prefund all 1000 post office e-wallet accounts with Rs.20,000 (each wallet to be topped up with Rs.20,000).

6. Cashiers/Postal Assistant at Post Offices will pay to their (PO) customers, through P2P facility (using “Send Money/Ask Money) against special withdrawal forms presented by the customers.

7. At 4.30 pm each day, Buddy Team at GITC will send MIS to NDMB (Sansad Marg) & Sansad Marg HO containing the amount consumed by each PO wallet during the day.

8. At the closure of Post Offices? customer dealing, 3:00 pm State Bank Buddy team will run a scheduled job and block all these wallets so that no further transactions can be made on that day.

9. Buddy team will generate Daily Transaction MIS of these wallets post office wise and share it with DoP

10. No PO wallet will be topped up during the day for increased requirement etc.

11. Buddy team will unblock these wallets in SOD (Start of Day) so that wallets will be operational for use.

1- Between Customer & Cashier/Postal Assistant

i. Customer should download buddy wallet from play store or apple store. Assistance may be required. The cashiers/Postal Assistant will be trained by SBI.

ii. Customer should use 'Ask Option" in Buddy giving mobile number of the Cashier.

iii. The statement of transactions on the wallet of the cashier can be made available by the Bank

At Post office

i. Debit SB account of customer
ii. Credit Wallet Account of customer
Reconciliation

The individual PO will download the Buddy report, check it against the transactions made and will

(A) Either confirm that the report tallied with the transactions done in the post offices, to the nodal office.

Holiday for Makar Sankranti


Saturday, January 7, 2017

Monday, January 2, 2017

Income Tax Calculator for Financial Year 2016-2017

https://drive.google.com/file/d/0BwUaF_99n1Sad0xVSGF4QW44SEE/view?usp=sharing






















Prepared by :
Sri. C. Siva Kabeer,
PA,
Gooty LSG SO.

Video on IPPB

The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.

IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.

Postal ATM card can now be used in Bank ATM machine

Interoperable transactions started successful between Banks and Post Office through ATM Machine w.e.f. 31/12/2016.

Now Postal ATM card can be accessed on other banks ATM machine and also Bank ATM card can be also accessed in Post Office ATM machine. Please give wide publicity of this news among the staff and customers.