SOLUTION OF CHECK HO ENTRY CONFIGURATION IN SANCHAY POST

ERROR AT THE TIME OF RUNNING SB INTEREST UPDATION PATCH

USE THE NEW PATCH (MoF_RateChange.zip) PUTUP IN SDC WEBSITE OR CAN DOWN LOAD FROM HERE------------>

Click here to download Patch

INSTRUCTIONS FOR RUNNING THE PATCH

• Download the ‘MoF_RateChange.zip’, unzip and copy it to the DBAnalyzer folder
• Run ‘MoF_RateChange.exe’ from the DBAnalyzer folder itself.
• Enter the name of the SB Server and click ‘OK’.
• A message will be displayed for each scheme.
• Continue clicking on ‘OK’ until the message ‘Interest rates updation completed successfully’ is displayed.

After successful updation:-------------->

1> daybegin

2>Go to Initialisation --> PO name & Address --> Add the row  with HO detail.

3>Go to Initialisation --> PO name & Address --> View.

It should list two rows - one with SO details and the other with HO details. Add HO details without fail.

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New scheme 10 yr NSC order from dop

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Patch for Revision of Interest Rates and Various Changes in SB Rulings (w.e.f. 01/12/2011)

IMPORTANT INFORMATION

•             The patch can be executed only after day-end of 30/11/2011

•             It can be executed on the server or on any one of the client systems running a 32 bit Operating system in which DBAnalyzer is installed

•             The patch does not require SQL ‘SA’ password for execution and hence can be run by any official working on systems or by the supervisor

•             Supervisor has to ensure the execution of the patch before commencing counter operations on 01/12/2011.

The patch does NOT incorporate the following points, and hence and in cases where it becomes applicable the changed rule has to be implemented manually.

•             The maturity period for Monthly Income Scheme (MIS) and National Savings Certificate (NSC) will be reduced from 6 years to 5 years – problem will not arise at present.

•             New NSC instrument, with maturity period of 10 years introduced is to be handled manually.

•             The change in rate of interest in case of TD premature closure will have to be done manually till the requisite changes are made.

INSTRUCTIONS FOR RUNNING THE PATCH

•             Download the ‘MoF_RateChange.zip’, unzip and copy it to the DBAnalyzer folder

•             Run ‘MoF_RateChange.exe’ from the DBAnalyzer folder itself.

•             Enter the name of the SB Server and click ‘OK’.

•             A message will be displayed for each scheme.

•             Continue clicking on ‘OK’ until the message ‘Interest rates updation completed successfully’ is displayed.

•             In case any other message or error code is displayed, email the error code to SDC for solution.

Click here to download the Patch

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Notification for Launch of 10-Year National Savings Certificate (IX-Issue), 2011 Issued

In accordance with the decisions taken by the Government on the basis of the recommendations of the Committee for Comprehensive Review of National Small Savings Fund (NSSF), headed by Smt Shyamala Gopinath, the then Deputy Governor, Reserve Bank of India, Notifications on changes made in various small saving schemes except 10-Year National Savings Certificate, have already been issued on 25th November 2011.

                The Notification for launch of new savings instrument, namely 10-Year National Savings Certificate (IX-Issue), 2011, has been issued today, the 29th November, 2011.

                The major highlights of this scheme are as follows:

·         Investments in Certificate will earn Interest at the rate of 8.7% p.a. compounded semi-annually.
·         On investment of Rs. 100, the depositor will get Rs. 234.35 on maturity of the Certificate.
·          This Certificate will be available in the denominations of Rs. 100, Rs. 500, Rs. 1000, Rs. 5000 and Rs. 10,000.
·         There is no upper limit for investment in the Certificate.
·         This Certificate can be transferred from a post office where it is registered to any other post office and it can be pledged as a security.

                The scheme will come into effect from 1st December 2011.

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CGDA clarifies enhancement of rate of various allowance by 25% when DA goes up by 50%

Enhancement of rate of various allowance by 25% to Central Government employees, when DA goes up by 50%.

The Department of Controller General of Defence Accounts (CGDA) has once again directed to all concerned establishments regarding that the enhancement of rate of various allowances by 25%, when Dearness allowance goes up by 50%. In order to this department has received various clarifications about the enhancement of allowances, a detailed office order has been published by this department. In every individual order itself mentioned clearly that the rate of allowance will automatically be increased by 25% with effect from the date on which the Dearness allowance went up by 50% (i.e. 01.01.2011).
We have tabled the allowances with the orders, date and download link…

S.No.	Name of the Allowances	Order No.	Date	Link
1.	Special Compensatory (Remote Locality) Allowance	No. 3(1)/2008-E.II(B)	29.8.2008	Download
2.	Special Compensatory Hill Area Allowance	No. 4(2)/2008-E.II(B)	29.8.2008	Download
3.	Bad Climate Allowance	No. 5(1)/2008-E.II(B)	29.8.2008	Download
4.	Project Allowance	No. 6(3)/2008-E.II(B)	29.8.2008	Download
5.	Daily Allowance on Tour	No. 19030/3/2008-E.IV	23.9.2008	Download
6.	Mileage for road journey by taxi/own car/auto rickshaw/own scooter/bicycle etc.	No. 19030/3/2008-E.IV	23.9.2008	Download
7.	Transportation of personal effects.	No. 19030/3/2008-E.IV	23.9.2008	Download
8.	Schedule/Tribal Area Allowance	No. 17(1)/2008-E.II(B)	29.8.2008	Download
9.	Cycle Maintenance Allowance	No. 19039/3/2008-E.IV	29.8.2008	Download
10.	Washing Allowance	No. 14/3/2008-JCA	11.9.2008	Download

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Central Government employees’ retirement age

Raising the Retirement age of Central Government employees

Union Minister of Labour and Employment Shri.Mallikarjun Kharge has given the answers to key questions raised by Shri.P.Viswanathan in the Lok Sabha regarding the raising of retirement age for Central Government employees.

Questions :
(a) Whether the Government proposes to raise retirement age and retirement pension in private sector in the country;
(b) if so, the details thereof;
(c) whether the Government has issued any directions to implement the above recommendations;
(d) if so, the details thereof ; and
(e) the time by which the above proposals are likely to be implemented?
 Answers :
(a) & (b): There is no such proposal at present.
(c) to (e): Do not arise in view of the reply given above.

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