Amendment in Benami Act
There is a proposal to amend the Benami Act. The Benami Transactions (Prohibition) Amendment Bill, 2015 was introduced in the Lok Sabha on 13th May, 2015 to amend the Benami Transactions (Prohibition) Act, 1988.
Any transaction within the definition of ‘benami transaction’ shall attract consequential action under the Benami Transactinos (Prohibition) Act, 1988 after the enactment of the Benami Transactions (Prohibition) Amendment Bill, 2015. Clause 4 of the Benami Transactions (Prohibition) Amendment Bill, 2015 defines a “benami transaction” to mean, -
· a transaction or an arrangement –
- where a property is transferred to, or is held by, a person, and the consideration for such property has been provided, or paid by, another person; and
- the property is held for the immediate for future benefit, direct or indirect, of the person who has provided the consideration, except when the property is held by-
· a Karta, or a member of a Hindu undivided family, as the case may be, and the property is held for his benefit or benefit of other members in the family and the consideration for such property has been provided or paid out of the known sources of income of the Hindu undivided family;
· a person standing in a fiduciary capacity for the benefit of another person towards whom he stands in such capacity and includes a trustee, executor, partner, director of a company, a depository or a participant as an agent of a depository under the Depositories Act, 1996 and any other person as may be notified by the Central Government for this purpose;
- any person being an individual in the name of his spouse or in the name of any child of such individual and the consideration for such property has been provided or paid out of the known sources of income of the individual;
- any person in the name of his brother or sister or lineal ascendant or descendant, where the names of brother and sister or lineal ascendant or descendant and the individual appear as joint-owners in any document, and the consideration for such property has been provided or paid out of the known sources of income of the individual; or
Clarification for refund of default fee
Advance salary for Central Govt Employees in Kerala on Account of Onam Festival in August 2015
7th Pay Commission, as seen by the economists
“All the Economists and Analysts, and not just in India, is discussing the 7th Pay Commission.”
Last week, Neelkanth Mishra of Credit Suisse said that there are chances of 40% increase in salary. He also remarked that post-7th Pay Commission, the financial status of Central Government employees will grow high enough to afford a car.
Yesterday, an article in the International Business Times analyzed the role of the Pay Commission in the economic development of India. The article had expressed an estimate on how substantial the hike in salaries would be following the 7th Pay Commission recommendations. Bank of America has estimated a 15% hike in the salary; Religare fixes the hike at between 28 to 30%, and Credit Suisse has marked it as 40%.
Since the Pay Commission has a huge influence on the country’s economic development, financial experts are keenly observing the 7th Pay Commission. This is why everybody is curious to know what the recommendations have in store for the country.
According to the article, the 6th Pay Commission gave a hike of 35% and more than 30 months arrears to the employees. As a result, the robust demand for consumer discretionary products that resulted in sustained stock performance over 3-5 years.
The report will directly impact 50 lakh Central Government employees (including 15 lakh armed forces personnel), and more than 1 crore state government employees. Also, the report would affect more than 30 lakh pensioners. The Bank of America estimates the salary hike to be at 15% and analyst expectes it to be the range of 15to 40%.
The article made it clear that the 6th Pay Commission gave the kind of economic growth among Central Government employees that was not seen in the past 50 years.
The big question justify now is – will the 7th Pay Commission give 35% hike, like the 6th Pay Commission did?
2nd SEPTEMBER 2015 ALL INDIA STRIKE - CONFEDERATION SERVED STRIKE NOTICE TO CABINET SECRETARY ON 11.08.2015
FINANCE MINISTRY AGAIN REJECTED CASE OF GDS INCLUSION IN 7th CPC.
Department of Post is taking action to form Bureaucratic Committee under Chairmanship of any Retired Member of Postal Board.
NFPE strongly oppose this move and we will decide future course of action shortly and that will be exhibited in Website.
STRIKE NOTICE FOR ONE DAY STRIKE ON 2ND SEPTEMBER 2015 SERVED TO THE SECRETARY, DEPARTMENT OF POSTS BY NFPE LEADERS ON 11.08.2015.
STRIKE NOTICE
NATIONAL FEDERATION OF POSTAL EMPLOYEES
ALL INDIA POSTAL EMPLOYEES UNION-GDS (NFPE)
1st FLOOR NORTH AVENUE POST OFFICE BUILDING
NEW DELHI-110 001
No.PF-JCA-12/2015 Dated: 11th ,August, 2015
To
The Director General
Department of Posts
Dak Bhawan
New Delhi – 110001
NOTICE
Madam,
In accordance with the provisions of Sub Section (1) of Section 22 of the Industrial Disputes Act, 1947, we hereby notify that all the Postal/RMS/MMS/Administrative & Postal Accounts Employees and the Gramin Dak Sewaks will go on One Day Strike on 02nd September, 2015.
The Charter of Demands is enclosed herewith.
(R.N. Parashar) (R.N. Parashar)
Secretary General General Secretary NFPE AIPEU Group-C
R. Seethalakshmi Giriraj Singh
General Secretary General Secretary
AIPEU Postmen, MTS/Group ‘D’ AIRMS & MMS EU Group ‘C’
(P. Suresh) Pranab Bhattacharjee
General Secretary General Secretary
AIRMS & MMS EU MTS &Group ‘D’ AIPAOEU (Admin Union)
T. Satyanaryana Virendra Tewary
General Secretary General Secretary
AIPAEA (Postal Accounts) AIPSBCOEA
S. A. Rahim P. Pandurangarao
General Secretary General Secretary
AICWEA (Civil Wing) AIPEU-GDS (NFPE)
CHARTER OF DEMANDS
ANNEXURE – I
PART-I
1. Urgent measures for containing price-rise through universalisation of public distribution system and banning speculative trade in commodity market.
2. Containing unemployment through concrete measures for employment generation.
3. Strict enforcement of all basic labour laws without any exception or exemption and stringent punitive measure for violation for labour laws.
4. Universal social security cover for all workers
5. Minimum wages of not less than Rs. 15,000/- per month with provisions of indexation.
6. Assured enhanced pension not less than Rs. 3000/- P.M. for the entire working population.
7. Stoppage of disinvestment in Central/State PSUs.
8. Stoppage of contractorisation in permanent perennial work and payment of same wage and benefits for contract workers as regular workers for same and similar work.
9. Removal of all ceilings on payment and eligibility of bonus, provident fund; increase the quantum of gratuity.
10. Compulsory registration of trade unions within a period of 45 days from the date of submitting applications; and immediate ratification of ILO Convention C 87 and C 98.
11. Against Labour Law Amendments
12. Against FDI in Railways, Insurance and Defence.
PART-II
1. Effect wage revision of the Central Government Employees from 01.01.2014 accepting memorandum of the staff side JCM; ensure 5-year wage revision in future; grant interim relief and merger of 100% of DA; Include Gramin Dak Sevaks within the ambit of 7th CPC. Settle all anomalies of 6th CPC.
2. Implement Cadre restructuring proposal in all Cadres including MMS.
3. Implement arbitration awards and revise OTA Rates.
4. No Privatisation, PPP or FDI in Railways, Defence Establishment and no corporatization of Postal services.
5. No ban on creation of new posts. Fill up all vacant posts.
6. Scrap PFRDA Act an re-introduce the defined benefit statutory pension scheme.
7. No outsourcing, contractrisation, privatization of governmental functions; withdraw the proposed move to close down the printing presses, the publications, form stores and stationery departments and medical stores Depots; regularize the existing daily-rated/casual and contract workers and absorption of trained apprentices.
8. Revive the JCM functioning at all level as an effective negotiating forum for settlement of the demands of the Central Government Employees.
9. Remove arbitrary ceiling on compassionate appointment.
10. No labour reforms which are inimical to the interest of the workers.
11. Remove the ceiling on payment on bonus
12. Ensure five promotions in the service career.
India-born Sundar Pichai is new CEO of Google
WASHINGTON: India-born Sundar Pichai was named CEO of Google on Tuesday by the company's founders Larry Page and Sergei Brin in course of a re-organization that created a mother company called Alphabet.
Pichai, 43, a Chennai native who went to IIT Kharagpur and later to Stanford and Wharton, will take charge of a slimmed down Google (quickly dubbed Google Minus) that Larry Page said will be stripped of companies "that are pretty far afield of our main Internet products," which will all go into Alphabet. Page will be CEO of Alphabet.
The new mother company will include, besides Google, units such as Calico (which focuses on Longevity), X lab (which incubates new efforts like Wing, Google's drone delivery effort) and units dealing with life sciences (such as the one working on smart contact lens that detects blood sugar level). Google's investment arms, Ventures and Capital, will also be part of Alphabet.
"We've long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant," Page said in a blog explaining the rational for the restructuring, adding that the "new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of Google."
Still, Google will remain the biggest piece of Alphabet. Explaining Pichai's elevation, Page said he (Pichai) has really stepped up since October of last year, when he took on product and engineering responsibility for Google's Internet businesses.
"Sergey (Brin) and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google. I feel very fortunate to have someone as talented as he is to run the slightly slimmed down Google and this frees up time for me to continue to scale our aspirations," he wrote.
He said he has been "spending quite a bit of time with Sundar, helping him and the company in any way I can, and I will of course continue to do that."
A straight elevation for Pichai would have meant that two of the world's five largest companies by marketcap are headed by executives of Indian-origin -- Pichai at Google which is ranked #4, and Microsoft, which is ranked # 5, is helmed by Satya Nadella.
But it won't be so straightforward. Page explained that Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights. Google will become a wholly-owned subsidiary of Alphabet, which he (Page) will helm. The company's two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.
Still, the elevation is a milestone for Indian-origin CEOs, of whom there are at least half dozen in Fortune 500 companies, including Indra Nooyi at Pepsi, Ajay Banga at Mastercard, and Sanjay Mehrotra at SanDisk. There is a good chance that the third ranked Berkshire Hathaway too could be headed by a PIO with Ajit Jain strongly tipped to succeed Warren Buffett. Apple and Exxon Mobil are ranked #1 and #2 respectively.
http://timesofindia.indiatimes.com/tech/tech-news/India-born-Sundar-Pichai-is-new-CEO-of-Google/articleshow/48430934.cms
Supreme Court refers Aadhar card matter to Constitution Bench
The Supreme Court today referred to a Constitution Bench a batch of petitions challenging the Centre's ambitious scheme to provide Aadhar card to all citizens and decide whether right to privacy is a fundamental right.
Allowing the Centre's plea, a three-judge bench comprising Justices J Chelameswar, S A Bobde and C Nagappan, framed various questions, including as to whether right to privacy is a fundamental right, to be decided by the larger Constitution Bench.
"If yes, then what would be contours of the right to privacy," the apex court said while referring the matter to Chief Justice H L Dattu for setting up the larger bench.
Attorney General Mukul Rohatgi, appearing for the Centre, had earlier said that the matters requires elaborate debate and an authoritative pronouncement in view of the fact that there have been inconsistent decisions as to whether right to privacy is a fundamental right.
He had cited two judgements, pronounced by six and eight- judge benches, which had held that right to privacy is not a fundamental right.
Subsequently, smaller benches had held contrary view and, hence this matter needed to be decided by a larger bench, AG had said.
"Whether right to privacy is a fundamental right guaranteed under Part III of the Constitution of India, in the light of express ratio to the contrary by an eight-judge bench in M P Sharma case and also by a six-judge bench of this court in Kharak Singh's case" has to be decided, he had said.
Earlier, the Centre had sought transfer of pleas against Aadhar to a larger bench, saying that a two-judge or a three- judge bench cannot decide it.
Referring to pronouncements made in historic cases like A K Gopalan, Maneka Gandhi and bank nationalisation, the top law officer had said that inconsistencies with regard to interpretation of certain fundamental rights can only be "squared up" by a larger bench.
Earlier, the government had opposed a plea seeking initiation of contempt proceedings against it, Reserve Bank of India (RBI) and others for allegedly insisting on Aadhar cards to grant benefits of various schemes to citizens, saying it was not mandatory.
In pursuance of earlier orders, the Centre has conveyed to states and authorities concerned not to make Aadhar cards, issued by Unique Identification Authority of India (UIDAI), mandatory for availing various schemes, Additional Solicitor General Pinky Anand had told the court.
The bench is hearing a batch of pleas against decisions of some states to make Aadhar cards compulsory for a range of activities including salary, provident fund disbursal, marriage and property registration.
The government had also said that persons, having Aadhar cards, were being asked to provide it to authorities but this was optional.
Senior advocate Gopal Subramanium, appearing for Mathew Thomas, one of the PIL petitioners, had filed an application seeking initiation of contempt proceedings against the Centre and others, including RBI, and the Election Commission.
He had alleged that the government and others were in violation of earlier orders that had said that no person should be denied any benefit or suffer for not having Aadhar cards.
Source : The Economic Times
In pursuance of earlier orders, the Centre has conveyed to states and authorities concerned not to make Aadhar cards, issued by Unique Identification Authority of India (UIDAI), mandatory for availing various schemes, Additional Solicitor General Pinky Anand had told the court.
The bench is hearing a batch of pleas against decisions of some states to make Aadhar cards compulsory for a range of activities including salary, provident fund disbursal, marriage and property registration.
The government had also said that persons, having Aadhar cards, were being asked to provide it to authorities but this was optional.
Senior advocate Gopal Subramanium, appearing for Mathew Thomas, one of the PIL petitioners, had filed an application seeking initiation of contempt proceedings against the Centre and others, including RBI, and the Election Commission.
He had alleged that the government and others were in violation of earlier orders that had said that no person should be denied any benefit or suffer for not having Aadhar cards.
Source : The Economic Times
JEEVAN PRAMAAN FAQ : INDIA POST
Jeevan Pramaan (FAQ) In India Post
1. What Is Jeevan Pramaan?
Jeevan Pramaan is computer generated digital life certificate for pensioner. Jeevan Pramaan Certificate is produced for individual pensioner using his Biometric Credentials.
2. Which Biometric Devices Are Currently Supported?
The Jeevan Pramaan Client application currently supports the following biometric devices. Support for other devices are being added and will be updated in the website download section. The Jeevan Pramaan software upgrades over the air, therefore for new functionality software will not require re-installation.
Finger Print Scanner
- Mantra (MFS100)
- Morpho (MSO13XX)
- Nitgen-BioEnable (HFDU08)
- Precision (CSD200)
- Secugen
- Startek (FM220-ACPL)
Iris Scanner
- Iritech (IMK2120U)
3. Who Can Visit Designated Offices?
Any Central Government Pensioner having pension account in Bank can go to District Centre of Delhi. But Central Government Office Centres may be visited by their respective office Pensioners only.
4. What Is Required For Registration On Jeevan Pramaan?
Pensioner needs to know and provide his/her Aadhaar Number, PPO Number, Bank Account number and branch detail, Name, Address etc
5. How Do I Register For A Digital Life Certificate?
Pensioner’s information like Pension Aadhaar number, Pensioner Name, PPO Number, Bank Account detail, Address, Mobile number etc are fed into the system though web based / client interface and finally pensioners person information are authenticated using the Aadhaar number and pensioner has to put his finger on to the finger print scanner or eye on the Iris scanner.
After successful authentication, Pramaan ID / the transaction number is displayed on the screen and same has is sent to Pensioner’s mobile as SMS from the portal.
The portal generates Electronic Jeevan Pramaan for the successfully authenticated pensioner and it is stored in the central Life Certificate Repository database.
The disbursing Bank can access and get the Jeevan Pramaan certificate from the portal for his pensioners though the electronic data transfer mechanism created between the portal and Bank server.
Pensioner has to inform to the Bank that his Jeevan Pramaan has been generated through online registration from Jeevan Pramaan portal.
6. Is This Certificate Valid?
Yes, Digital Life Certificate is a valid certificate and recognized under the IT Act. The system benefits the pensioner from having to go before the Pension disbursing Authority to prove that he/she is alive.
Additional charge of AP circle to CPMG Tamilnadu Circle
It was communicated by Postal Directorate that Sri Charles Lobo, CPMG Tamilnadu Circle will hold additional charge of CPMG, AP circle till regular arrangement is made.
It was already communicated to viewers that Sri B.V.Sudhakar has relinquished the charge of CPMG, AP circle on 05.08.2015 A/N and assumed the charge of Member(PLI), Postal services Board, New Delhi on 06.08.2015.
Induction Training at PTC Mysore for LGO candidates selected as Postal Assistants under Departmental Quota
The details of Seats allotted to the Circles based on the information received from them, are as under:
Sl No.
|
Name of the Circle
|
PA
| |
Male
|
Female
| ||
1
|
Karnataka
|
40
|
42
|
2
|
Kerala
|
40
|
19
|
3
|
Andhra Pradesh
|
50
|
15
|
Total
|
130
|
76
| |
Click on Read more to view the Director, PTC Mysore letter dated 06.08.2015 on the above subject matter.
