Enhancement of SB Allowances to PA's

Dte Memo No : 113-07 / 2010-SB
SB Order No. 10 / 2011.

Enhancement of SB Allowance to PAs working in Savings Bank Branches.

The undersigned is directed to refer to this office letter of No. 2-2/93-SB Dt. 08.10.2004 (SB Order No. 17/2004) vide which it was conveyed that Ministry of Finance (DEA) has conveyed its approval for increase in the SB Allowance from Rs.60 to Rs.150 & from Rs.30 to Rs.75 per month wef 08.10.04.

02. After implementation of 6th CPC, increase in teh SB Allowance was taken up with MoF (DEA), which has not vide its OM No. 17/1/2001-NS-II Dt. 10.06.11 has conveyed its approval for enhancement of SB Allowance as per the following rates wef 01.09.08.

01. Staff Fully engaged in SB / SC work - present Rs.150 - new rate from 01.09.08 Rs.300.
02. Staff Partially engaged in SB / SC work - present Rs.75 - new rate from 01.09.08 Rs.150.

03. All other conditions for grant of SB Allowances will remain unchanged.

Sd/-
S.Manik Lakra
ADG (FS)

DB Analyzer dated 27.06.2011

Recent additions in DBAnalyzer
1. Agreement - Sanchay Post & V2SBCO data
2. Miscellaneous - Balance Verification List for RD accounts
3. Database Discrepancies - PPF - HUF Accounts (3 reports)
4. Reports - Signatures exceeding 150 kb
5. Reports - List of Live RD Accounts allotted to Closed Agents
6. Separate LoT for NREGS / IGNOAPS / IGNWPS / IGNDPS / BPL for HO & SOs

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Source : http://www.tamilnadupost.nic.in/sdc/sblan.htm

Children Education Allowance Clarification

Download Original Order
http://persmin.gov.in/WriteReadData/CircularPortal/D2/D02est/21011_16_2009-Estt.AL17062011.pdf

A New Site for India Post

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Web Address  : http://services.ptcmysore.gov.in/indiapost/

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Exemption of Filing Income Tax Return for Salary up to Rs. 500000

No.402/92/2006-MC (14 of 2011)

Government of India / Ministry of Finance

Department of Revenue Central Board of Direct Taxes

New Delhi, dated the 23rd June, 2011

PRESS RELEASE

Salaried Taxpayers with total Income up to Rs.5 lakh Exempted from filing Income Tax Return for Assessment Year 2011-12

The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income tax return for assessment year 2011-12, which will be due on July 31, 2011.

Individuals having total income up to Rs.5,00,000 for FY 2010-11, after allowable deductions, consisting of salary from a single employer and interest income from deposits in a saving bank account up to Rs.10,000 are not required to file their income tax return. Such individuals must report their Permanent Account Number (PAN) and the entire income from bank interest to their employer, pay the entire tax by way of deduction of tax at source, and obtain a certificate of tax deduction in Form No.16.

Persons receiving salary from more than one employer, having income from sources other than salary and interest income from a savings bank account, or having refund claims shall not be covered under the scheme.

The scheme shall also not be applicable in cases wherein notices are issued for filing the income tax return under section 142(1) or section 148 or section 153A or section 153C of the Income Tax Act 1961.

Source: PIB