SBCO UTILITY V5.0 Released on 07/08/2013

Developed by:
Srikanta S,
PA(SBCO), Madikeri HO,
Kodagu Dn,
South Karnataka Region 


Changes From V4.0 to V5.0

1) Added POSB ICS (ICS => Interest Calculating Software).
2) Added 1 Year TD Category option for Ledger View.
3) Added 2 Year TD Category option for Ledger View.
4) Added 3 Year TD Category option for Ledger View.
5) Added 5 Year TD Category option for Ledger View.
6) Added NSS-87 and NSS-92 Categories for Ledger View.
7) Added NSS-87 and NSS-92 Categories for Live accounts Report.
8) Added NSS-87 and NSS-92 Categories for Interest Statement Report.
9) Added NSS-87 and NSS-92 Categories for Summary Report (SB-63).
10) Added NSS-87 and NSS-92 Categories for Account-wise Balance Report.
11) Added NSS-87 and NSS-92 Categories for Minus Balance Report.
12) Added NSS-87 and NSS-92 Categories for Find Duplicate Accounts Report.
13) Added NSS-87 and NSS-92 Categories for Backup Option.
14) Added NSS-87 and NSS-92 Categories for Modify Office Details.
15) Added NSS-87 and NSS-92 Categories for Clear Temporary Files.
16) Added NSS-87 and NSS-92 Categories for Account No. not in Index.
17) Added NSS-87 and NSS-92 Categories for Accounts out of Ledger chart.
18) Added NSS-87 and NSS-92 Categories for Accounts without Date of Open.
19) Added NSS-87 and NSS-92 Categories for Accounts without Name of the Depositor.
20) Added NS-87 and NSS-92 Categories for Binder Number Correction.
21) Changed Main Page Design.
22) Some bugs fixed.

Download

Source : www.sbcoutility.blogspot.in

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New pension system not better than existing EPS: EPFO

The Employees’ Provident Fund Organisation (EPFO) says it disagrees with finance ministry’s proposal to encourage its subscribers to shift to New Pension System saying it does not provide better returns than its Employees Pension Scheme-1995.

The retirement fund body has said this in response to a letter written by Financial Services Secretary to Labour Secretary.

“If we take return of EPS as indicative return on the fund managed under EPS then the annualised return for the period May 2009 to May 2013 will be 10.47 per cent, which on the face of it, is higher than the return declared by NPS in its scheme for central government”, EPFO said.

Finance Ministry has written to the Labour Ministry saying: “The subscribers (of EPS) may be given an option to either remain with EPS or join NPS with the same contribution.”

The ministry argued that NPS, which is a self sustaining pension system, could be a good substitute for EPS and would be beneficial for subscribers as they would get decent returns and adequate pension wealth.

Moreover, the Finance Ministry said, “The government would be free from any open ended and financially unsustainable liability of EPS.”

Disagreeing with the contention of the Finance Ministry, EPFO said that EPS scheme provides social security for lower income group people in their old age. In addition, it also provides pension to widow, children and dependents in case of death of the subscriber.

Under the EPS scheme, many interim benefits are provided.

Subscribers can withdraw their contribution towards pension while withdrawing his or her EPF money. There is a lock in period of 15 years in NPS.

Moreover EPS subscribers get bonus of two years on completion of 20 years of service and there is provision of commutation or part withdrawal also. That is not available in NPS.

EPS’s corpus size stood at Rs 1.83 lakh crore as on March 31, 2013. Under the NPS, total corpus was at Rs 29,852 crore as on March 31, 2013 with a subscribers’ base of 47,70,507 members.

EPFO has a subscriber base of over 5 crore and manages PF corpus of Rs 3.7 lakh crore excluding the pension fund of Rs 1.83 lakh crore.

Keywords: EPFO, new pension system, employees pension scheme, retirement fund body, finance ministry, EPS scheme

Source : The hindu

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Scrap PFRDA Bill - Confederation calls upon the CG Employees to organize mass protest demonstration on the day when the bill is taken up for discussion in Parliament

CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS

1^st Floor, North Avenue PO Building, New Delhi – 110001

WITHDRAW CONTRIBUTORY PENSION SCHEME

SCRAP PFRDA BILL

PFRDA BILL LISTED IN THE AGENDA OF THE CURRENT SESSION OF THE PARLIAMENT

CONFEDERATION CALLS UPON THE CENTRAL GOVERNMENT EMPLOYEES TO ORGANIZE TWO HOURS WALK-OUT PROGRAMME ON THE DAY WHEN THE BILL IS

TAKEN UP FOR DISCUSSION

IN PARLIAMENT

As you are aware, Central Government is going ahead with their agenda on pension privatization. The controversial PFRDA Bill (Pension Fund Regulatory and Development Authority Bill) is listed as an agenda item for the current Parliament session. The bill may be taken up for discussion in Parliament on any day. Confederation of Central Government Employees & Workers has opposed the Contributory Pension Scheme and also the PFRDA Bill from the very beginning.

We have conducted so many agitational programmes including strike. The left parties in the parliament have also strongly opposed the Bill. Inspite of the opposition from employees (both Central Government and State Government Employees & Teachers) and also from left political parties, the Central Government is not ready to withdraw the contributory Pension scheme or to scrap the PFRDA Bill.

The National Secretariat of the Confederation has viewed the move of the Government with grave concern and decided to call upon the entirety of the Central Government Employees & Workers to organize mass protest demonstration in front of all offices throughout the country after walking out from offices for two hours, on the day when the bill is taken up for discussion in Parliament or on the next day if information is received late.

All India office bearers, State level COCs and other COCs are requested to make the two hours walk out programme a grand success.

(M. Krishnan)

Secretary General

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Mode of payment of fee for seeking information under RTI Act, 2005 - clarification by M/o Road Transport and Highways

Government of  India

Ministry of Road Transport & Highways

(RTI Section)

NO. I-34014/234/2013-RTI          

Dated the 2nd August, 2013

OFFICE MEMORANDUM

Subject:           Mode of payment of fee for seeking information under RTI Act, 2005 from M/o Road Transport and Highways — clarification regarding.

The undersigned has been directed to say that the Central Information Commission vide its order dt. 10.07.2013 (Case NO. CIC/SS/C/2012/000799) in the 2nd appeal filed by Shri Subhash Chandra Agrawal has directed this Ministry to clarify the issue regarding payment of fee by IPOs/DDs/Bankers' cheque and the authority in whose favour these instruments of payment should be drawn, The operative portion of CIC order dated 101.13 is as follows:-

"7. The relevant rule with regard to the mode of payment of fees as per modification dated 31.7,12 issued by Central Government as per Section 27 of the RTI Act is being reproduced as under:-

6. Mode of Payment of Fee- Under these, rules may be paid in any of the following manner, namely:-

a)         in cash......

b)         by demand draft or bankers' cheque or Indian Postal Order payable to the Accounts Officer of the Public Authority; or

c)         by electronic means      ....

Decision:

The mode of payment as per the said rule is very clear, however, due to different account officer/accounts etc. issue of non-acceptance has arisen. The Commission observes that such issue is of non-acceptance can lead to delay in furnishing a reply to the applicant and that uniformity in this regard would further ease the process under RTI Act for the applicant's. The Commission is of the view that steps shall be taken by the respondent public authority to clarify this issue for avoiding delay or account of non-acceptance of postal-order/s."

2. The matter has been considered in consultation with the Office of the Principal Chief Controller of Accounts, M/o Road Transport & Highways Keeping in view the orders issued vide DoPT's OM NO. F.N/9/2008-IR dt. 05.12.2008 read with the above orders of the CIC and also the advice of the Office of the Principal CCA, it is clarified as follows:-

i)  As per note 2 below rule 18 of Central Govt, Account Receipts and Payments Rules, such instruments being accepted by departmental officer not having cheque drawing powers, should be drawn in favour (indicating official designation) of the concerned Pay and Accounts Officers. However, when cheques or bank drafts are received in the name of departmental office's under any Act or rule or otherwise, these may be endorsed by them for payment to their respective Pay and Accounts Officers.

ii) In the light of the above, such demand drafts/bankers cheques IPOs for the payment of fee for seeking information under the Right to Information Act can be drawn by the information seekers in favour of Pay and Accounts Officer(Sectt), Ministry of Road Transport & Highways or Accounts Officer, Ministry of Road Transport & Highways.

Sd/-

(V.Krishnaswamy) 

Deputy Secretary to the Govt. of India

Source: http://morth.nic.in/showfile.asp?lid=1051

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Pension to Retired Employees Covered Under PF Scheme

The Employees’ Pension Scheme, 1995 came into effect from 16th November, 1995 replacing the erstwhile Employees Family Pension Scheme, 1971, which inter-alia provides superannuation/retirement and family pension. 

In order to secure a minimum pension of Rs. 1,000/- per month under Employees’ Pension Scheme (EPS), 1995 to the member pensioners, the present Government contribution to EPS, 1995 is required to be raised from the existing 1.16% to 1.79% of wages thereby increasing the Government’s present contribution from approximate Rs.990 crore per annum to Rs.1533 crore per annum in the first year. An analysis of the trend in the contribution made by the Central Government suggests that the contribution of the Central Government has been increasing at an average of 10-15% per annum over the last five years. 

This information was given by Minister of State for Labour & Employment Shri Kodikunnil Suresh in the Lok Sabha today in reply to a written question.

Source : PIB  (Release ID :97796)

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Soon, you may need to give fingerprints to buy SIM cards

The government is exploring the option of making it compulsory for telecom service providers to take fingerprint or any other biometric feature of the subscriber when he/she applies for a new mobile connection. File photo

The government is exploring the option of making it compulsory for telecom service providers to take fingerprint or any other biometric feature of the subscriber when he/she applies for a new mobile connection.

The Department of Telecom (DoT) recently received a suggestion from Ministry of Home Affairs indicating that a central database be maintained by DoT of all subscribers that maintains bio-metric parameters akin to the ‘Aadhaar' system, the Minister of State for Communications and IT Milind Deora said in a written reply to the Lok Sabha.

This would entail taking fingerprint/thumb impression or any other unique bio-metric feature of the subscriber when he/she applies for a mobile connection, he said, adding that the suggestion “is presently being examined in DoT and decision on the same is yet to be taken”.

The DoT had last year made it mandatory for a mobile service provider to physically verify an applicant before issuing a SIM card. However, there have been reports of the process not being adhered to.

Source : The Hindu

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