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Transmission of Scheme-wise commission of agent's To View PDF :  Click Here

Maintenance of Punctuality and proper Decorum in office : Department of Posts

working in CSI environment  Thursday, May 17, 2018 General instructions for working in CSI environment-reg. This is regarding General Instructions to be followed for working in CSIenvironment.The Head of the Offices are hereby directed to strictly follow the following instructions for proper functioning of offices in vigilance angle until further orders. At Post Office level: Daily account submission to Account Office: 1.    A Manual Rough book of SO and its BO's should be maintained on day-to-day basis. 2.    CSI System Generated Sub Office Daily Account along with TCB and BO Manual Daily Account and BO daily account generated in CSI environment should be sent to its Account office along with the vouchers and reports through Account bag without delay. 3.    At the end of the day POS cash should be zero and physical cash should tally with DOP Cash i.e, the daily account closing balance and DOP cash closing balance ...

Payments Banks Struggling for Existence with Limited Scope In 2015, the Reserve Bank (RBI) gave in-principle approval for 11 entities to set up a different lender entity, termed ‘payments banks’. The objective was to establish new entities that could facilitate digital payments with minimal friction and bring more people into the banking system’s fold. Three years later, these seem to be struggling to carve and retain a niche for themselves. In fact, three — Cholamandalam Distribution Services, Sun Pharmaceutical and Tech Mahindra — surrendered their licences without starting operations. Of the rest, Reliance’s Jio payments bank was launched last month. India Post has had a soft launch and is yet to start full operations. Currently, only three have completed more than six months of operation in the space — Fino Payments Bank, Airtel Payments Bank and Paytm. Fino started with the broadest base, of 410 branches across 14 states, 25,000 bank...

NATIONALPENSION SYSTEM (NPS) Re-Published National Pension System (NPS) (previously called New Pension Scheme) was introduced with effect from 01.01.2004 replacing the earlier system of defined pension under CCS (Pension) Rules, 1972. Those central government employees appointed on after this date will be covered under the new scheme. Under the earlier system, assured pension and other benefits, based on the last pay drawn was available to be employees. In the NPS, 10% of the basic pay plus DA will be recovered from the salary of employees towards employees’ contribution. Equal amount will be contributed by Government as employer’s contribution. Both the contributions will be invested each month by the funds managers appointed by Pension Fund Regulatory Authority (PFRDA) against the distinctive PRAN (Permanent Retirement Account) in the name of the subscriber. Presently, the fund is managed by M/s National Security Depository Ltd. (NSDL), Mumbai. The funds are being invested with M...

Last date for linking Aadhaar to small savings schemes extended to March 31 The government on Monday extended the last date for linking Aadhaar to small savings schemes to March 31 from December 31. The move comes after the deadline for linking of the unique identification number (UID) to social benefit schemes, bank accounts and mobile numbers were also extended to March 31. “It has now been decided to extend the last date for submission of Aadhaar number from December 31, 2017 to March 31, 2018,” a Finance Ministry notification said on Monday. Thus, it means that the last date for linking of Aadhaar to all government schemes is now March 31. In October, the government had made quoting the 12-digit Aadhaar number mandatory for all small savings schemes like post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra. Existing depositors were given time till December 31, 2017 to provide the number. The depositor is required to sub...

(Click the link below to view) https://www.incometaxindia.gov.in/Communications/Circular/Circular29_2017.pdf

Atal Pension Yojana (APY) - Processing of Premature Exit Request and Forms Download PDF Atal Pension Yojana (APY) - Processing of Premature Exit Request and Forms

FAQs on deputation of DoP staff to India Post Payments Bank Sl Frequently Asked Question Response/Clarification No . 1 What is IPPB ? What are its Objectives? (i) India Post Payments Bank Limited (“IPPB”) was incorporated How it will operate? as a company on August 17, 2016 under The Companies Act, 2013, with 100% equity from the Department of Posts (DoP), Ministry of Communications, Govt. Of India and as a payments banking  company  under  Section  22  (1)  of  the  Banking Regulation Act, 1949. (ii) IPPB is visualized as a vehicle of financial inclusion that would complement the existing banking, financial services and ...