Wednesday, 27 March 2013

Revision of Interest Rates for Small Savings Schemes With Effect from 1ST APRIL,2013

            Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1st April of that year. Accordingly, the rate of interest on various small savings schemes for the financial year 2013-14 effective from 01.04.2013, on the basis of the interest compounding/ payment built-in in the schemes, shall be as under :
 
 
Scheme
Rate of Interest
w.e.f. 01.04.2012

Rate of Interest
w.e.f. 01.04.2013

Savings Deposit

4.0
4.0
1 Year Time Deposit
8.2
8.2
2 Year Time Deposit
8.3
8.2
3 Year Time Deposit
8.4
8.3
5 Year Time Deposit
8.5
8.4

5 Year Recurring Deposit
8.4
8.3
5 Year SCSS
9.3
9.2
5 Year MIS
8.5
8.4
5 Year NSC
8.6
8.5
10 Year NSC
8.9
8.8
PPF
8.8
8.7

Friday, 1 March 2013

  VERIFICATION OF POSB WITHDRAWALS IN EDBO'S, EDSO'S & SINGLE HANDED PO'S - LIMIT ENHANCED

బి.ఒ ., ఎస్.ఒ లలో రూ. 5000- ల కన్నా ఎక్కువ మొత్తం పాస్ బుక్ నుండి విత్ డ్రా చేసినపుడు, దాని పై మరల అధికారులు తనిఖీ చేయడం జరుగుచున్నది. 


కాగా ప్రస్తుతం బి. ఓ లలో ఎస్. బి. విత్ డ్రా యల్ పరిమితి ( అకౌంట్ ఆఫీసు అనుమతి లేకుండా ) రూ . 5000 లకు పెంచబడి ఉన్నందున 01-03-2013 నుండి రూ . 10,000- లకు పై బడిన విత్ డ్రా యల్స్ మాత్రమె తనిఖీ చేయు విధముగా పరిమితి పెంచబడినది . 

Tuesday, 19 February 2013

FLASH NEWS.

Govt-trade unions talks fail, stir as scheduled on Feb.20, 21
    The talks held by the government with the representatives of 11 Central trade unions here on Monday night to urge the unions to withdraw the February 20, 21 nation-wide strike call has failed and the unions have announced that the protest will be held as scheduled.
    INTUC president G. Sanjeeva Reddy, who participated in the talks, told The Hindu that the government representatives — Defence Minister A.K. Antony, Agriculture Minister Sharad Pawar and Labour Minister Mallikarjun Kharge — had wanted the unions to postpone the strike and said their demands could be discussed later in detail.
       “However we told the government that it should at least accept some of the ten demands put forth by us. As the government was not willing to further discuss any of the demands, the talks failed and we have no option except to go ahead with the strike as announced,” he said.
     The trade unions will meet in Delhi today to discuss how to successfully organise the stir, Mr. Reddy said.
        The trade unions have given notice for a two-day strike on February 20 and 21 protesting the price rise, inflation, poor employment generation, lack of adequate social security for unorganised sector workers, among other things.

Friday, 15 February 2013

STRIKE DISCUSSION FAILED

Cabinet Minister for Labour &Minster of States for Labour held discussion with Central leaders on 13-02-2013. On the charter of demands. Discussion failed as Central Government is not ready to concede the demands. All the Trade Union Leaders unanimously decided to go ahead with the two days strike.

Thursday, 7 February 2013

8% DA HIKE FOR CENTRAL GOVT STAFF


Union Cabinet approved 8% DA hike wef 01.01.2013

The Union Cabinet on Friday approved 8% hike in the Dearness Allowance (DA) for central government employees and pensioners with effect from 01.01.2013.