LIST OF BANKS USING FINACLE WORLDWIDE

Finacle is the universal banking solution of choice of all leading banks and large regional banks across the world. Leading universal, retail and corporate banks worldwide leverage the power of Finacle to transform their business. 

Banks using Finacle Platform are spread across 78 countries globally from Far East Asia to Middle East and Western Europe as the following stats depicts.

Following Banks are using Finacle , The list is large but we brought you some of leading Banks using this Platform.

1. India Post 
2. ALEXBANK, 
3. ANZ BANK, 
4. ARAB NATIONAL BANK, 
5. BANK DHOFAR, 
6. CO-OPERATIVE FINANCIAL SERVICES, 
7. CREDIT SUISSE, 
8. DBS BANK, 
9. EMIRATES BANK, 
10. FIRST BANK OF NIGERIA, 
11. HATTON NATIONAL BANK, 
12. ICICI BANK, 
13. NATIONAL AUSTRALIA GROUP EUROPE, 
14. NYKREDIT, 
15. POSTBANK UGANDA LTD, 
16. RAIFFEISSENBANK, 
17. SOCIÉTÉ GÉNÉRALE 
18. ZURICH FINANCIAL SERVICES. 
19. ABN AMRO 
20. NATIONAL COMMERCIAL BANK OF SAUDI ARABIA 
21. MIZUHO CORPORATE BANK 
22. FEDERAL BANK 
23. BANK OF INDIA 
24. BANK OF BARODA 
25. ANDHRA BANK 
26. PUNJAB NATIONAL BANK 
27. UNION BANK OF INDIA 
28. IDBI BANK 
29. INDUSIND BANK 
30. SBI INTERNATIONAL OPERATION 
31. VIJAYA BANK 
32. UCO BANK 
33. ING Vysya Bank Ltd. 
34. Oriental Bank Of Commerce

Thanks to finaclesolution.blogspot.in

REVISION OF SERVICE TAX ON PLI W.E.F 01.06.2015 - PLI DIRECTORATE ORDER

PLI Directorate decided to increase the service tax on PLI with effect from 01.06.2015. The rates of Service Tax got upward revision as under vide Government of India, Ministry of Finance, Department of Revenue Notification No 5/2015-Service tax dt. 01-03-2015.

• Revised ST For First year Premium is 3.50% (revised from 3.09%)
• Revised ST for Renewal Premium is 1.75% (revised from 1.545%)

There will be no Cess on Service Tax

The revised rates of ST shall be applicable w.e.f 01.06.2015 as per Government of India, Ministry of Finance , Department of Revenue Notification No 15/2015- Service tax dt. 19.05.2015

The order issued by PLI Directorate regarding this subject is given below for reference.

OUR DEMAND FOR HRA ON THE BASIS OF CENSUS 2011-- SUCCESS

OUR DEMAND FOR HRA ON THE BASIS OF CENSUS 2011-- SUCCESS

Revision of the classification/upgradation certain cities/towns on the basis of Census-2011 for the purpose of grant of House Rent Allowance and Transport Allowance to Central Government employees

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to the proposal of the Ministry of Finance, Department of Expenditure for reclassification/upgradation of certain cities/towns on the basis of Census-2011, for the purpose of grant of House Rent Allowance (HRA) and Transport Allowance to Central Government employees.

On the basis of the final population figures of Census-2011, two cities have qualified for being upgraded from 'Y' class to 'X' class and 21 cities have qualified for being upgraded from 'Z' to 'Y' class for the purpose of HRA. Six cities have qualified for being upgraded from "Other Places" to specified higher class for the purpose of Transport Allowance.

The revised classification of cities shall take effect from 01.04.2014. The impact on the exchequer on account of upgradation of 29 cities, would be approx. Rs.128 crore for the year 2014-15.

Background:

HRA and Transport Allowance are admissible to Central Government employees depending upon employees' Basic Pay (including NPA where applicable)/Grade Pay and the classification of the city/town where they are posted. The existing classification of cities/towns in different classes viz. 'X', 'Y' and 'Z' for the purpose of HRA and 13 specified cities classified earlier as 'A-1'/ 'A' and "Other Places" for the purpose of Transport Allowance, is as per the criterion recommended by the 6^th Central Pay Commission. The existing qualifying limits of population for classification for HRA purpose is 50 lakhs & above for 'X', 5 - 50 lakhs for 'Y' and below 5 lakhs for 'Z' class city. Transport allowance is payable at 'higher rates' in 13 specified cities classified earlier as 'A-1' / 'A' (that is those cities having population of 20 lakhs & above) and at 'lower rates' in all other places.

The classification of cities/towns for this purpose is revised on the basis of their population as reflected in the decennial census report. The existing classification of various cities/towns is based on 2001 Census figures. The criterion of population for this purpose has been followed as recommended by the Central Pay Commissions.

Cities/towns to be upgraded on the basis of census-2011 for grant of House Rent Allowance

Cities to be upgraded/re-classified as "X"

Ahmadabad(UA)

Pune (UA)

Cities to be upgraded/re-classified as "Y"

Nellore (UA)

Gurgaon (UA)

Bokaro Steel City (UA)

Gulbarga (UA)

Thrissur (UA)

Malappuram (UA)

Kannur(UA)

Kollam (UA)

Ujjain (M. Coprn.)

Vasai-Virar City (M. Corpn.)

Malegaon (UA)

Nanded-Waghala (M.Corp.)

Sangli (UA)

Raurkela (UA)

Ajmer (UA)

Erode (UA)

Noida (CT)

Firozabad (NPP)

Jhansi (UA)

Siliguri (UA)

Durgapur (UA)

Cities/towns to be upgraded on the basis of census-2011 for grant of Transport Allowance

Cities to be added for higher rates of Transport Allowance (i.e. which have population of more than 20 lakh to qualify for earlier classification as “A-1”/ “A” as stipulated in O.M. No. 21(2)/2008-E.II(B) dated 29.8.2008):

Patna (UA)

Kochi (UA)

Indore (UA)

Coimbatore (UA)

Ghaziabad (UA)

SUPREME COURT JUDGEMENT ON POSTMAN PAY SCALES FROM 01-01-1996.

Income tax forms simplified, date for filing returns extended to Aug 31

The finance ministry on Sunday came out with a new three-page income tax return (ITR) forms, in a corrective measure after facing strong criticism from public. The new forms no longer require mandatory disclosure of foreign trips and dormant bank accounts as mandated by the previous form. The new form can be submitted till August 31 this year instead of the regular July 31 deadline.

The new forms will be up on websites for e-filing from the third week of June since the government is yet to update the software with new proposed changes.

According to a finance ministry statement, the new forms — ITR 2 and ITR 2A — will have only three pages and other details will have to be filled in schedules, as per each individuals criterion and income.

The revenue department has also proposed to come out with a new ITR 2A form, which can be filed by an individual or HUF, who does not have capital gains, income from business/ profession or foreign asset/foreign income. This according to the government will cover a maximum number of tax payers.

On the major sticky issues like details and source of income of foreign trips and bank accounts, the government eased the disclosures sought earlier and said: "It is now proposed that only passport number, if available, would be required to be given in forms ITR-2 and ITR-2A. Details of foreign trips or expenditure thereon are not required to be furnished."

For information related to bank accounts the ministry has decided to ask information of only those dormant accounts which were operational during the last three years, from the filing year.

"As regards bank account details in all these forms, only the IFS code, account number of all the current/savings account which are held at any time during the previous year will be required to be filled-up. The balance in accounts will not be required to be furnished," the statement added.

Further clarifying for non Indian citizen individuals, the income tax department said that it is not mandatory for them to report the foreign assets acquired by him during the previous years in which he was non-resident and if no income is derived from such assets during the relevant previous year.

"Individuals having exempt income without any ceiling (other than agricultural income exceeding Rs 5,000) can now file form ITR 1 (Sahaj). Similar simplification is also proposed for individuals/HUF in respect of form ITR 4S (Sugam)," the statement added.

Following the controversy over the ITR forms for assessment year 2015-16, which sought details of bank accounts and foreign visits, the revenue department had put them on hold.

The ITR forms, which was notified last month by the CBDT for the current assessment year, had specific columns for banks accounts, IFSC Code, names of joint account holders and foreign visits, including the ones paid by companies.

ENABLING OF DISABLED NETWORK ID / JOIN DOMAIN IN WINDOWS

Enabling Of Disabled Network ID Button / Change Computer Name Or A Join Domain

In Windows Machine, Network ID button is disabled by Generic host Virus and not able to change the Computer name or joining with a domain. The above mentioned virus may stop the following computer services 

• Computer Browser
• Work Station
• Server

Generic host may block the network and Shared folder access in Windows.

Solution

• Download attached Tool.txt from PoTools
• Rename the Tool.txt as Tool.exe.
• Execute then click on Disable DCOM, Close 445, Close 137: 139, Enable UPNP and  close Messenger.

Download

Mirror Download

Download

Screen Shot Of Tool

Courtesy : potools

No Objection Certificate (NOC) is not required for Govt Employees to Obtain Passport

New Delhi: No Objection Certificate (NOC) is not now a mandatory requirement for government employees to get a passport.

To streamline and check the undue delay in getting passports to the government employees, the Ministry of External Affairs has relaxed provisions for issue of passport and asked the government employees to attach the copy of prior intimation letter submitted by the government employees to their controlling authority before applied for passport.

The Ministry of External Affairs has recently issued an Office MemorandumNo.VI/401/01/05/2014 making the ‘Prior Intimation Letter’ valid proof like ‘No Objection Certificate (NOC)’ to obtain passport for government employees, public sector undertakings (PSU) employees and autonomous body employees.

Government employees, who applies for passport with ‘Prior Intimation Letter’, they do not need to police verification.

The above provision is applied for getting passport only not for VISA, the government employees are required to obtain ‘No Objection Certificate (NOC)’ from their departments concerned for getting VISA from foreign embassies for travelling abroad as per CCS (Conduct) Rules and the instructions have been issued by the Department of Personnel and Training (DoPT) from time to time.

29 cities upgraded for higher HRA & Transport Allowance

The Union Cabinet today approved upgradation of 29 cities and towns on the basis of 2011 population census for providing higher house and transportation allowance to central government employees.

The revised classification of cities would be effective from April 1, 2014 and cost the exchequer approximately Rs 128 crore for 2014-15.

"The Cabinet has approved reclassification / upgradation of certain cities/towns on the basis of Census 2011 for the purpose of granting House Rent Allowance (HRA) and Transport Allowance to central government employees," Communications and IT Minister Ravi Shankar Prasad told reporters here.

One the basis of the census, 2 cities - Pune and Ahmedabad - have been upgraded to 'X' class from 'Y' and 21 cities to 'Y' from 'Z' for the purpose of HRA, an official statement read.

These 21 cities are Nellore, Gurgaon, Bokaro Steel City, Gulbarga, Thrissur, Malappuram, Kannur, Kollam, Ujjain, Vasai-Virar City, Malegaon, Nanded-Waghala, Sangli, Rourkela, Ajmer, Erode, Noida, Firozabad, Jhansi, Siliguri and Durgapur.

That apart, six - Patna, Kochi, Indore, Coimbatore and Ghaziabad - have been advanced to 'Specified Higher Class' from 'Other Places' for the purpose of transport allowance, the statement said.

So far, the Census 2001 has been used for deciding the HRA and transport allowance of central government officials posted in these towns and cities.

The existing qualifying threshold of population for HRA classification is 50 lakh and above for X, 5-50 lakh for Y and below 5 lakh for Z class cities.The employees are entitled for HRA of 30%, 20% and 10% respectively for X, Y and Z class cities

Transportation allowance is payable at 'higher rates' in 13 specified cities classified earlier as 'A-1' and 'A' (those with a population of 20 lakh and above) and 'lower rates' for the rest.

The cities and towns are classified as X, Y and Z for the purpose of HRA and 13 specified cities classified as A-1, A and Other Places for transportation allowance.

Letter for Inclusion of the issues of GDS within the purview of 7th CPC

CENTRAL TRADE UNIONS NATIONAL CONVENTION OF WORKERS WAS HELD ON 26.05.2015 DECLARATION.

          The National Convention Calls upon the Central Trade Unions All India General Strike on 2nd September, 2015. 

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Letter for Inclusion of the issues of GDS within the purview of 7th CPC