SNAP DEAL TO HAVE THE BUSINESS DEAL WITH INDIAPOST

 

New Delhi: In a bid to enhance its electronic connectivity and capability across 1.5 lakh Post Offices in India, Department of Posts is in the process of inducting new-age technology through an enterprise wide IT Project. In this series, it has also signed Business MOU with snapdeal.com & shopclues.com. 

India Post is celebrating National Postal Week from 9th to 15th October, 2014 and on the occasion of Business Development Day on 14th Oct 2014 it decided to join hands with Snapdeal.com & shopclues.com.

Mr. Vijay Ajmera, Sr. Vice President (Finance) Snapdeal.com said that they are happy to choose Department of Post as their delivering partner and this partnership will provide their e-commerce business a wider reach and network. 

In tune with the emerging e-Commerce market, parcel product has been revamped & Cash on Delivery (CoD) facility has been introduced. State-of-the-art Parcel centres are also being set up across the country. Department is also developing exclusive Parcel Network to cater the needs of e-Commerce companies.

Department is also developing Parcel Network to cater to the needs of e-Commerce companies. Delivery of parcels and Express mail is also planned to be mechanised in bigger cities for efficient & quicker delivery.

UFBU Circular dated on 13.10.2014 – UFBU decides to intensify the Agitation – All India Strike on 12th November, 2014

UFBU Circular dated on 13.10.2014 – UFBU decides to intensify the Agitation – All India Strike on 12th November, 2014

UFBU CIRCULAR NO. 30 DATED 13-10-2014

UFBU decides to intensify the Agitation

All India Strike on 12th November, 2014

Relay Zonal Strikes from 2nd to 5th December, 2014

Withdraw Co-operation to the Managements

Demanding early and better wage revision settlement

We had informed our Units, vide our Circular dated 26-9-2014, about the negative approach of the IBA in the negotiations for wage revision. Having regard to the need to express our strong resentment and protest, UFBU has already given the call for observing certain agitational programmes including demonstrations on 17th October 2014 and for holding Dharnas in various States between 18th and 31st October, 2014. In view of the intermittent festival holidays in various parts of the country, the dates for the strike actions were decided to be finalised later.

In this background, UFBU meeting was held today in Bengaluru to chalk out the programmes and after due deliberations, the following further programmes have been decided upon:

29th October, 2014	Press Meet at all State Capitals and major centres(Press Note of UFBU, to be released by all the constituent unions, will be sent in due course)
30th October, 2014	All India Protest Day – Badge Wearing – Demonstrations/Rallies at all Centres
11th November, 2014	Centralised Demonstrations at all Centres
12th November, 2014	ALL INDIA ONE DAY PROTEST STRIKE
2nd December, 2014 to 5th December, 2014	Relay Zonal Strikes

To be followed by Further Strikes including Indefinite Strike

It was also decided unanimously by the UFBU to withdraw all types of extra co-operation by workmen/officers with immediate effect and to boycott all meetings called for by the bank managements after normal office hours. The meeting also decided against working on Sundays and other holidays.

The schedule of Relay Zonal Strikes is as under:

02.12.2014 – Southern Zone (consisting States of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telengana and Union Territories of Lakshadweep and Puducherry.)

03.12.2014 – Northern Zone (consisting States of Chhattisgarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Madhya Pradesh, New Delhi, Punjab, Uttar Pradesh, Uttaranchal, Rajasthan and Union Territory of Chandigarh)

04.12.2014 – Eastern Zone (consisting States of Bihar, Jharkhand, Odisha, Sikkim, West Bengal, North Eastern States and Union Territory of Andaman & Nicobar Islands)

05.12.2014 – Western Zone (consisting States of Goa, Gujarat, Maharashtra and Union Territories of Daman & Diu)

It is two years since we submitted our charter of demands. While 13 rounds of negotiations have taken place, there is no satisfactory progress in the talks because of the negative attitude of the IBA/Government. Everyone is aware that employees and officers in the banking sector are doing their best to serve the customers and implement various schemes of the Government despite innumerable hardships and difficulties. Yet, the genuine demand for adequate wage revision is being delayed and denied.

Even though we have shown our willingness to adopt a flexible approach in order to finalise the settlement expeditiously, the same is not being reciprocated by the IBA. Thus, once again, we have been pushed to the path of agitation and struggle.

We call upon all our unions and members to manifest their resentment and protest through effective implementation of the programmes.

Better and early wage revision – We demand – We deserve.

PFRDA will soon approach FM seeking tax exemption for withdrawals under the NPS

Pension regulator to pitch for tax break on NPS withdrawals

Pension regulator PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), its Chairman Hemant G Contractor has said.

 This will be the first time PFRDA – after getting statutory recognition in February 2014 – will seek a tax break for NPS.

The Finance Ministry will soon start the budget preparation exercise for Budget 2015-16, which will be the first comprehensive budget of the new Modi-Government.

 Prior to the statutory recognition, the interim pension regulator had sought tax exemption on NPS withdrawals, but that tax break was not provided by the erstwhile UPA Government.

 In his first interaction with mediapersons here on Wednesday, the new PFRDA Chairman, Contractor said there was need for some “fiscal” push from the Government to make NPS popular in the country.

 A tax exemption on NPS withdrawals would address the “adequacy” aspect of retirement monies and ensure that taxes don’t eat into the retirement corpus of a subscriber.

Under the current income tax law, there is no tax incidence on contribution or accumulation phase, but tax would be levied at the withdrawal stage

 A tax exemption on NPS withdrawals would level the playing field with products such as provident funds.

 The direct taxes code proposed by the UPA regime had suggested that ‘Exempt-Exempt-Exempt’ regime be adopted for financial savings products like NPS.

 Indications are that the new dispensation at the Centre will look to bring its own version of new income-tax law.

SWAVALAMBAN

PFRDA Chairman Contractor said the Swavalamban scheme has been made an integral part of the Pradhan Mantri Jan Dhan Yojana (PMJDY), the flagship financial programme of the Modi-led Government.

PFRDA has fixed a target of fifty five lakhs subscribers of Swavalamban under PMJDY.

This target of fifty five lakhs subscribers has been allocated to all the banks working as aggregators. Targets have also been allocated to other categories of aggregators.

Source: www.thehindubusinessline.com

Stay connected with us via Facebook, Google+ or Email Subscription.

WFTU CALL ON OCTOBER 3 

FOR DECENT EMPLOYMENT AND

AGAINST UNEMPLOYMENT WAS OBSERVED JOINTLY BY

COC OF MIDDLE CLASS TRADE UNIONS INCLUDING CONFEDERATION, DREU, AIIEA, BEFI, TNGEA ETC &

COC  OF CENTRAL, STATE, PUBLIC SECTOR PENSIONERS ORGANISATIONS

IN MOORE MARKET COMPLEX CHENNAI ON 8.10.2014

A Section of Demonstrators in WFTU Programme

BEFI Dena Bank General Secretary C.P.Krishnan addressing

RECEPTION TO COM.C.P.SHOBHANA VICE PRESIDENT P-3 CHQ & CONVENOR WOMEN SUB COMMITEE BY KERALA COC ON 08.10.2014 AT KANNUR.