DOUBLE BONUS

BONUS CEILING RAISED FROM  RS. 3500 TO 7000  W.E.F 1.4.15

Muharram P0 Holiday changed

LEAVE CHANGED  ON 24.10.15 [Muharram]

BONUS RS.3500 CEILING

  60 DAYS BONUS- Rs.3500/- CEILING PRODUCTIVITY LINKED BONUS FOR THE  YEAR 2014-2015 ORDER ISSUED.

DOP to seek Cabinet nod to raise Rs 292 cr to set up payments bank

Expects the fund to be cleared in two months

The Department of Posts (DoP) will approach the Cabinet within two months for raising Rs 292 crore from the public investment board to set-up a payments bank,
for which it has already got the RBI approval.

"The DoP is going to take approval for Rs 292 crore fund from Public Investment 
Board (PIB)  after  which it will be submitted for Cabinet approval. 
We expect the fund to be cleared in   two months," an official source told PTI.
 Payments bank licence allows companies to collect deposits
(initially up  to Rs 1 lakh per individual), offer Internet banking, facilitate money
 transfers and sell insurance and mutual funds. Besides, they can issue ATM or debit 
cards, but not credit cards.

The postal department had earlier tried for a Rs 632-crore fund from government
 for full fledged banking services but it was not cleared by the PIB.

Government has in-principle agreed to the entry of Postal department in banking 
services through the payments bank route.

"The DoP expects to roll out payment bank services by March 2017. There are .
no major  infrastructure issues. Only we need to set up a data centre and 
disaster recovery centre which will be done soon," the official said.

The Department is also in the final stages of appointing a consultant that 
will guide it in setting up a payments bank.

According to another official source, the Department may go for a hybrid 
model under  which about 600 branches will be directly operated by
 payment bank staff in post office premises and transactions in other parts 
of the country will be supported by its staff

Indian Government’s new BOSS operating system aims to replace Microsoft Windows

Bharat Operating System Solutions

RESULTS OF LGO EXAMINATION 2014 T.N. CIRCLE -RESULT

வாழ்த்துகளை தெரிவித்து கொள்கிறோம்
 
C.Subramanian Postman, Anaimalai S.O
A.Ramalingam Postman, Udamalpet HO 
G.Santhi, Postwoman, Mahalingapuram S.O 




T.N.CIRCLE RESULT -CLICK HERE

7th PAY COMMISSION PAY HIKE LATEST NEWS

Year Pay Commission Comparative Basic Pay Multiple of Times

Example of LDC:- 

1946 1st Pay Commission Rs.35 
1959 2nd Pay Commission Rs.80 
1973 3rd Pay Commission Rs.260 
1986 4th Pay Commission Rs.950 
1996 5th Pay Commission Rs.3050 
2006 6th Pay Commission Rs.7730 
2016 7th Pay Commission Rs.22500 
3 Times from 6th CPC
7 Times from 5th CPC
23 Times from 4th CPC
85 Times from 3rd CPC
280 Times from 2nd CPC
640 Times from 1st CPC