Wednesday, 6 January 2016

1)Problems related to Core Banking Solutions –Reg.

Click here to view letter

2)Problems faced by the staff in rolling out finacle and CSI software – Request for immediate remedial measures – Reg.

Click here to view letter

Our Federation sent letter to Sri B.V.Sudhakur,Member Technology,Postal Services Board,Dak Bhavan,NEW DELHI – 110001.

India Post serves notice to Birla MF over radio The department has demanded an apology and wants the advertisement - which it claims disparages 'registered post' and 'speed post' services -

MUMBAI: The Department of Posts served a notice this week to Aditya Birla Group and Big FM Radio Channel over a radio advertisement for Birla Sun Life Mutual Funds. The department has demanded an apology and wants the advertisement - which it claims disparages 'registered post' and 'speed post' services - to be taken off air.

The Hindi radio ad in question begins with a boss asking an employee to urgently send a mail. The employee responds by asking whether he should choose 'registered post' or 'speed post'. The voice on the radio goes on to describe the services as 'sust' (lethargic) methods which do not help in reaching your destination in time. It then goads listeners to choose mutual funds which are effective investment tools. Although the intention of the advertisement appears to be aimed at comparing electronic mail with physical mail, it does not expressly say so. Also, the description of 'registered post' and 'speed post' as lethargic has rankled the department.

According to sources, The department is upset because it feels that the ad perpetuates a misconception about 'registered post' and 'speed post' services, which have been audited by the CAG and certified to be superior to private courier services. When queried about the notice, P N Ranjit Kumar, postmaster general (Mumbai), said, "Department of Posts will not take kindly to attempts to malign its products and we will do whatever is required to protect the value of its brands."

The advertisement comes at a time when IndiaPost is seeking to revise its profile as an efficient logistics and financial services provider. The department is one of the recipients of an in-principle approval for a payments bank licence. Incidentally, the Aditya Birla Group has also received an in-principle approval for a payments bank from the Reserve Bank of India.

05/01/2015

Gazette Notification for increasing Bonus Calculation Ceiling is Published

The Gazette of India

EXTRAORDINARY

PART II — Section 1

PUBLISHED BY AUTHORITY

No. 6] NEW DELHI, FRIDAY, JANUARY 1, 2016/PAUSHA 11, 1937 (SAKA)

Separate paging is given to this Part in order that it may be filed as a separate compilation.

MINISTRY OF LAW AND JUSTICE

(Legislative Department)

New Delhi, the 1st January, 2016/Pausha 11, 1937 (Saka)

THE PAYMENT OF BONUS (AMENDMENT) ACT, 2015

NO. 6 OF 2016

[31st December, 2015.]

An Act further to amend the Payment of Bonus Act, 1965.

BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows:—1. (1) This Act may be called the Payment of Bonus (Amendment) Act, 2015.

(2) It shall be deemed to have come into force on the 1st day of April, 2014.

2. In section 2 of the Payment of Bonus Act, 1965 (hereinafter referred to as the principal Act), in clause (13), for the words ‘‘ten thousand rupees’’, the words ‘‘twenty-one thousand rupees’’ shall be substituted.

3. In section 12 of the principal Act,—(i) for the words ‘‘three thousand and five hundred rupees’’ at both the places where they occur, the words ‘‘seven thousand rupees or the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher’’ shall respectively be substituted;

(ii) the following Explanation shall be inserted at the end, namely:—

‘Explanation.—For the purposes of this section, the expression ‘‘scheduled employment’’ shall have the same meaning as assigned to it in clause (g) of section 2 of the Minimum Wages Act, 1948.’.

4. In section 38 of the principal Act, for sub-section (1), the following sub-section shall be substituted, namely:—

‘‘(1) The Central Government may, subject to the condition of previous publication, by notification in the Official Gazette, make rules to carry out the provisions of this Act.’’.

DR. G. NARAYANA RAJU,

Secretary to the Govt. of India.

Posting of Government employees who have abled dependents Dopt order Dt 05/01/2016

04/01/2015

7th Pay Commission Gross Pay vs Net Pay : Grade wise comparison by NFIR

Sub: Impact of the recommendations of 7th CPC- reg.

Ref: AM(B) note No. 2015-B-265 dated 23/12/2015 addressed to GS/NFIR.With reference to the note received from AM(B) dated 23/12/2015 on the subject relating to the implementation of the recommendations of 7th CPC on Railways, the Federation at the outset conveys as follows:-
During discussions with the Hon’ble MR and the Board (CRB, FC, MS) on 23rd December 2015, the NFIR General Secretary has expressed that there is all-round unhappiness on 7th CPC recommendations as in many cases the ‘Take Home Pay’ is either very marginal or less than what is received by the employee now. The Federation also disputed the estimated financial implications (Rs.28,500 crores) and said that the estimated expenditure has been exaggerated. It was also brought to the notice of the MR the retrograde recommendations of 7th CPC, while the case of Railway employees of various categories was not dealt adequately and the Railway Ministry has unfortunately not apprised the inadequacies of Grades Pay and Pay Band of 6th CPC to the Chairman, 7th CPC.

2. As desired vide note dated 23/12/2015, the Federation furnishes the followins details as Annexures to this letter.

(a) Table -I gives the position of 6th CPC minimum pay in Pay Band & Grade pay (PB-1 to PB-3) as on 01/01/2016.

(b) Table -I (a) explains the 7th CPC minimum pay from Level-l to Level-12 of the Pay Matrix.

[A comparison of Table-I with Table-I(a) reveals that the net benefit is marginal at Level-1, minus at Level-2. However, there may be substantial increase from Level-7 and above. If Income Tax deduction takes place, the increase will fall.]

(c) Table-II indicates 6th CPC minimum pay in GP + Pay Band without HRA.

Table-II (a) gives 7th CPC minimum pay without HRA (staff in occupation of Railway quarters are not entitled for HRA).

[A comparison of Table-II with Table-II (a) shows minus ‘Take Home Pay’ for employees of Level-I to Level-6 of Pay Matrix and equally marginal increase to those in Level-7, 8 & 9 of pay Matrix. Again in Level-10 the ‘Take Home Pay’ will be less than the present amount’. Overall position will be either “minus” or “marginal increase”. The Income Tax deduction would further worsen.]

(d) Table-III shows the approximate 6th CPC pay of employees after drawal of 10 annual increments.

Table III(a) provides information pertaining to 7th CPC Pay (approx) for staff in Level-1 to Level-12 (Pay Matrix).

[A comparison between Table-III and Table-III(a) reveals that there will be marginal increase to those in Level-1 to Level-6. Although there will be an increase of more than 2400 to those in Level-7 to Level-12, the Income Tax deduction would reduce their ‘Net Take Home Pay.’

(e) Table-IV gives position of 6th CPC Pay of staff (without HRA + 10 annual increments – approx) as on 01/01/2016

Table-IV(a) explains 7th CPC Pay without HRA as on 01/01/2016.

[A comparison of Table-IV with Table-IV (a) reveals that those in 7th CPC Pay Matrix Level-1 to Level-12 will draw minus salary. With Income Tax deduction, the position may be more worse.]

Note: (i) In the case of employees living in Railway Quarters (nearly 40%) the financial

(ii) The unfilled vacancies are approximately over two lakhs since the last two years. The implications of HRA will be Zero. The costs of these posts have already been saved by the Indian Railways.

Encls: Annexure I to Annexure IV
Yours faithfully,
sd/-
(Dr.M.Raghavaiah)
General Secretar