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Showing posts from May, 2023

Important Update: Revision of International Tariff Effective from 01.06.23 with PoS Daily Sync Scheduled for 31.05.23 || PoS Team CEPT Mysuru

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        Please see the attached letter No CF-29/1/2022-CF-DOP dt 24.05.23 from IR&GB  Division of Directorate regarding revision of International tariff from 01.06.23. Revised tariff will be pushed by Daily Sync to all the booking locations from 5 PM onwards on 31.05.23.  Field units may please be instructed to follow the following guidelines in this regard. All the booking locations (Post Offices /RMS Counters/ BPCs/ Foreign Post Offices) should do Daily sync manually after 5 PM on 31.05.23 and ensure that daily sync status is updated in POS BO.   The process should be completed by 11:59 PM on 31.05.23 so that revised tariff is updated in the local DB.   Tariff for International EMS, Air Parcel and ITPS will be revised post successful Daily sync after 5 PM on 31.05.23 and as such the booking for these categories should not be done   on 31.05.23 once the Daily sync is done successfully after 5 PM.   Offices should check whethe...

CBDT Increases Maximum Limit for Cash Equivalent of Leave Salary upon Retirement

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The Central Board of Direct Taxes (CBDT) has recently issued Notification No. 31/2023-Income-Tax, announcing an amendment to the maximum amount receivable by employees as the cash equivalent of leave salary at the time of their retirement. This amendment, effective from April 1, 2023, raises the limit and brings clarity to the relevant sub-clause of the Income-tax Act. Details of the Notification: The CBDT, in exercise of its powers conferred by sub-clause (ii) of clause (10AA) of section 10 of the Income-tax Act, 1961, has specified a new maximum limit for the cash equivalent of leave salary. The notification states that employees, whether retiring due to superannuation or otherwise, can now receive a maximum amount of Rs. 25,00,000 (twenty-five lakhs rupees only) in respect of the period of earned leave at their credit. Effective Date: The notification, numbered S.O. 2276(E) and dated 24th May 2023, has been deemed to come into force with effect from the 1st day of April, 2023. Impli...

SB Order No. 12/2023: Revision of KYC and AML/CFT Norms for POSB in Compliance with Financial Regulations

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Revision of Know Your Customer (KYC) and Anti Money Laundering (AML)/Combating the Financing of Terrorism (CFT) norms in respect of POSB (Post Office Savings Bank) has been issued. This order refers to Master Circular No. 1 on AML/CFT norms applicable for Small Savings Schemes, which was circulated in SB Order No. 1412012 dated 09.10.2012. The Department of Economic Affairs, Ministry of Finance, has notified the General Rules for Savings Promotion 2018 (GSPR 2018) and National Savings Schemes Rules 2019, which have been implemented from 18.12.2019. GSPR 2018 outlines the mandatory and optional documents required from depositors. With the implementation of Core Banking Solution (CBS), the process of reporting transactions has undergone changes. To comply with the guidelines of the Financial Intelligence Unit-India (FIU-IND) and the Financial Action Task Force (FATF), revised guidelines on AML/CFT norms for National (Small) Savings Schemes in post offices have been issued. This new guide...

Get Ready for Change: Revised Postage Rates for International Shipping from June 2023

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Revised Postage Rates for International Parcels, EMS Effective from 1st June 2023 The Indian government has announced revised postage rates for international parcels, EMS (Express Mail Service), that will come into effect from 1st June 2023. These changes have been introduced through the Indian Post Office (2nd Amendment) Rules, 2023, exercising the powers conferred by Section 10 read with Section 74 of the Indian Post Office Act, 1898 (6 of 1898). The following amendments have been made to the Indian Post Office Rules, 1933: 1. Short titles and commencement:    The rules are officially titled as the Indian Post Office (2nd Amendment) Rules, 2023, and they will come into force on 1st June 2023. 2. Schedule Amendments:    The revisions affect Schedule-I, Schedule-II, and Schedule-III of the Indian Post Office Rules, 1933. The previous content of these schedules has been substituted with the new rates and regulations. These changes are significant for individuals and b...

SB ORDER 11/2023 : Rs. 2000 Denomination Banknotes - Withdrawal from Circulation

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In a recent press release, the Reserve Bank of India (RBI) has announced the withdrawal of the 2000 denomination banknotes from circulation as part of its 'Clean Note Policy.' While the 2000 rupee notes will remain legal tender, certain guidelines have been issued to ensure a smooth transition and minimize disruptions for the public. In this blog post, we will provide you with a summary of the instructions and their implications. Key Instructions: 1. Exchange in Banks: The 2000 denomination banknotes will no longer be accepted for exchange in post offices and other cash-handling offices. The public is advised to visit banks for exchanging these notes. However, it's important to note that post offices and units should still accept 2000 rupee notes for any postal transaction. 2. Deposit in Post Office Savings Bank Accounts: Post Office Savings Bank accounts that comply with the applicable Know Your Customer (KYC) norms can continue to accept deposits of 2000 denomination bank...

RBI Announcement :: Rs. 2000 Denomination Banknotes - Withdrawal From Circulation; Will continue as Legal Tender

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Strengthening Frontline Staff: Department's Partnership with M/S Illumine Knowledge Resources Pvt. Ltd. for Specialized Training Programs

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Department's Capacity Building Program for Front-line Staff: A Step Towards Enhanced Performance In a proactive move to strengthen its front-line staff and improve service delivery, the Department has engaged M/S Illumine Knowledge Resources Pvt. Ltd. as its knowledge partner for training Master Trainers and User Champions. This initiative is a significant step towards capacity building and empowering the workforce to meet the evolving demands of their roles.

Error Categorization, Action, and Penalty for AADHAAR Enrollment Operators

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AADHAAR Enrollment Operators: Error Categorization, Action Steps, and Penalty   Enrollment operators are responsible for collecting biometric and demographic data from citizens and enrolling them in the Aadhaar system. However, there have been cases where enrollment operators have committed errors, which can have serious consequences for citizens. To ensure that the Aadhaar system is accurate and secure, the Unique Identification Authority of India (UIDAI) has put in place a system of error categorization, action, and penalty. Error Categorization Errors committed by enrollment operators are categorized into four types: DOE-1: This is a minor error that does not affect the accuracy of the data. BE-1: This is a medium error that may affect the accuracy of the data. POP: This is a serious error that may lead to identity theft or fraud. Fraudulent activity: This is an intentional act of deception or misrepresentation. Data entry errors: These errors occur when the enrollment oper...

Guidelines for Reimbursement of Continuous Subcutaneous Insulin Infusion (CSII) Pump Therapy Under CGHS/CS(MA) Rules, 1944

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Comprehensive Guidelines for Reimbursement of Insulin Pump Therapy under CGHS/CS(MA) Rules The Ministry of Health & Family Welfare has recently released updated guidelines regarding the reimbursement of Continuous Subcutaneous Insulin Infusion (CSII) Pump Therapy under the CGHS/CS(MA) Rules. These guidelines were formulated based on the recommendations of an Expert Committee from the Directorate General of Health Services. In this blog post, we will provide a detailed overview of the eligibility criteria, prerequisites, approval process, validity, and the ceiling rates for Insulin Pump Therapy. Eligible Patients: To be eligible for reimbursement, patients must meet the following criteria: 1. Type-I Diabetes: Patients diagnosed with Type-I Diabetes are eligible for consideration. 2. Duration of Diabetes: The duration of diabetes should be greater than 2 years. 3. Diabetes Education: The child and their family should have received adequate diabetes education at a specialized center e...

Rescheduled Date for LDCE 2021, 2022, and 2023 Promotion to P.S. Group 'B' Cadre Exam

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Social Media Training for All India Post Department Employees, Including Gramin Dak Sevak

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Mastering Social Media for India Post: A Comprehensive Training Course for Safe and Effective Online Presence PTC Vadodara has developed a comprehensive training course on social media for India Post employees. Upon completion of this course, learners will be able to understand the significance of social media for India Post and identify the risks and benefits of using it. The course will equip learners with the skills and knowledge to use social media safely and securely, and create social media accounts on different platforms. Additionally, learners will be able to follow, like, and share India Post's official social media page, and update their social media profile in the Dak Karmayogi portal. This course is designed to help India Post employees master social media and improve their online presence. Course Name              :            Social Media Course Created b...