The Interest rates for Deposits is again lowered by 0.1% from 1st July 17

ஜூலை முதல் வட்டி விகிதம் மீண்டும் 0.1% குறைப்பு

Saturday, 31 March 2012

OPENING OF NEW POST OFFICES


The minister of States for Communications and Information Technology Shri Sachin Pilot, informed Rajya Sabha today that, a proposal for opening of Post Offices has been received from Chhattisgarh Government during the financial year for opening of 1927 new rural branch branches of Post Offices at 1927 Gram Panchayath Headquarters.
Department of Posts has included it in its 12th Plan Proposal and has presented to the Planning Commission.

Friday, 30 March 2012

பணி ஓய்வு பாராட்டு

                    இன்று பணி ஓய்வு பெரும்  நமது (திருநெல்வேலி) கோட்ட கண்காணிப்பாளர் திரு மாரியப்பன் அவர்களை வாழ்த்துகிறோம். அவரது ஓய்வு காலம் சிறப்புற இறையருள் வேண்டுகின்றோம்

POSTMEN /MAILGURAD &MTS EXAM POSTPONED.

Bag Numbering System discontinued:

Bag Numbering System introduced by the Deparment in the year 2007 discontinued by the department with immediate effect vide letter no. 18-7/APS-D Dated 22.03.2012. 
Our Federation opposed the system from the day of introduction. Our sincere thanks to Secretary Department of Posts for the right decision and our thanks to Postal JCA

Thursday, 29 March 2012

Continuation of ad-hoc promotion made in the cadre of HSG.I

Wednesday, 28 March 2012

LGO SURPLUS LIST POSTING ORDERS

 

நாமும் தெரிந்து கொள்வோம்

கண்ணுக்கே தெரியாத காற்றை விவரிக்க தமிழில் இத்தனை சொற்களா ? உலகில் எந்த மொழிக்கும் இல்லாத சிறப்பு !  
(அ) திசை பொருத்து காற்றின் பெயர்கள்:

(௧) தெற்கிலிருந்து வீசுவது தென்றல்காற்று
(௨) வடக்கிலிருந்து வீசுவது வாடைக் காற்று
(௩) கிழக்கிலிருந்து வீசுவது கொண்டல் காற்று
(௪) மேற்கிலிருந்து வீசுவது மேலைக் காற்று

(ஆ) காற்று வீசும் வேகம் பொருத்து பெயர்கள்:

(௧) 6 கி.மீ வேகத்தில் வீசும் காற்று                        "மென்காற்று"
(௨) 6-11 கி.மீ வேகத்தில் வீசும் காற்று                  "இளந்தென்றல்"
(௩) 12-19 கி.மீ வேகத்தில் வீசும் காற்று                 "தென்றல்"
(௪) 20-29 கி.மீ வேகத்தில் வீசும் காற்று                 "புழுதிக்காற்று"
(௫) 30-39 கி.மீ வேகத்தில் வீசும் காற்று                "ஆடிக்காற்று"
(௬) 100கி.மீ வேகத்தில் வீசும் காற்று                   "கடுங்காற்று"
(௭) 101 -120 கி.மீ வேகத்தில் வீசும் காற்று           "புயற்காற்று"                                   (௮) 120 கி.மீ மேல் வேகமாக வீசும் காற்று        "சூறாவளிக் காற்று"

 

Circle Welfare Board has decided to increase the voluntary contribution wef 1.04.2012 as follows.


Sl No
Group
Existing Monthly Contribution in Rs
Revised Voluntary contribution in Rs     
wef 01.04.2012
1
A
20
30
2
B
14
20
3
C
10
15
4
MTS
6
10
5
GDS
4
6

Holiday on 14th April 2012


Declartion of Holiday on 14 th April 2012 Birth day of DR.BR.Ambedkar
click here to see the order.

Tuesday, 27 March 2012

Interest Rate on Small Saving Schemes increased upto 0.5 % w.e.f 01.04.2012

No.6-1.2011-NS.II(Pt.)
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the 26th March, 2012
OFFICE MEMORANDUM

Sub: Revision of interest rates for small savings schemes.
The undersigned is directed to refer to Ministry of Finance's O.M. of even number dated 11th November, 2011, vide which the various decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), were communicated to all concerned.
2. One of the decisions of the Government based on the recommendations of the Committee relates to revision of interest rates every financial year, to be notified before 1st April of that year. Accordingly, the rates of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in the schemes, shall be as under:

3. Necessary notifications, including those requiring amendments to rules of small savings schemes will be notified separately.

4. This has the approval of Finance Minister.
sd/-
(Shaktikanta Das)
Addl. Secretary to the Govt. of India
Scheme
Rate of interest
w.e.f 01.12.2011
Rate of interest
w.e.f 01.04.2012
Savings
4.0
4.0
1 Year TD
7.7
8.2
2 Year TD
7.8
8.3
3 year TD
8.0
8.4
5 year TD
8.3
8.5
5 Year RD
8.0
8.4
5 year SCSS
9.0
9.3
MIS
8.2
8.5
5 Year NSC
8.4
8.6
10 Year NSC
8.7
8.9
PPF
8.6
8.8

Monday, 26 March 2012

விருது நகர் கோட்ட மாநாட்டில் தேர்தெடுக்கப்பட்ட
தலைவர்     திரு அய்யன்கன்னு , Technician O/o SSPOs 
செயலாளர் திரு செவுக பாண்டியன், APM Rajapalayam HO
ஆகியோர்களுக்கு திருநெல்வேலி கோட்டத்தின் வாழ்த்துக்களை தெரிவித்து கொள்கின்றோம்.

Cheques, drafts validity only for 3 months from April


 


NEW DELHI, MAR 23: Come April 1 and cheques and bank drafts will be valid only for 3 months, a development that RBI thinks will help mitigate frauds related to such instruments.

The Reserve Bank of India (RBI) has directed that with effect from April 1, 2012, banks should not make payments against cheques, drafts, pay orders or banker’s cheques if they are presented after the period of three months from date of issue.


It has been brought to its notice by the government that some persons were taking undue advantage of the six month validity of cheques, drafts, pay orders, banker’s cheques by circulating them like cash for this period, RBI had said in a notification earlier.

According to a senior banker, the three-month validity period is a good enough time period for instrument conciliation.

“RBI is satisfied that in public interest and in the interest of the banking policy, it is necessary to reduce the period within which cheques/drafts/pay orders/banker’s cheques are presented for payment from six months to three months from the date of such instrument,” it had said.

Interest rates on small savings schemes may go up by 0.25%

                              The government is likely to hike the interest rates on deposit schemes offered by post offices, like savings account, Monthly Income Scheme (MIS), Public Provident Fund (PPF), etc by about 0.25 per cent from April 1.

A circular on revised interest rate on small savings scheme will be issued by March 28, official sources said, adding that there could be a 0.25 basis points hike in the rates.

"We are in the process of calculating the rates. The new rates will be applicable from April 1," they added.


The government had in December, 2011 hiked interest rates on post office savings accounts (POSA) to 4 per cent, from 3.5 per cent. Similarly, the interest rates on the MIS and PPF was fixed at 8.2 per cent and 8.6 per cent respectively.

The decision to hike interest rates in December was in line with the recommendations of the Shyamala Gopinath Committee which had suggested linking of interest rates on small savings with that of the market. The panel had also suggested that the interest rates on small savings schemes should be revised annually.

The revision in the interest rates is aimed at maintaining the attractiveness of the small savings schemes vis-a-vis fixed deposit schemes operated by banks.

The government, as part of economic liberalisation process, had freed the interest rates on banks deposits giving freedom to lenders to fix rates depending upon the asset-liability position, but continued to fix rates for small savings schemes.

Pursuant to the recommendations of the Gopinath Committee, the government had introduced the National Savings Scheme (NSC) with a 10-year maturity to attract long-term funds.

The annual investment ceiling in PPF savings was increased to Rs 1 lakh from Rs 70,000.

Source:- The Economic Times

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