Revised TRCA of GDS as per Report of GDS Committee

Please log on to www.postalinfo.synthasite.com to view the point to point fixation of TRCA in r/o GDS with effect from 01-01-2006

GDS Committee Report was submitted.

The report of GDS Committee containing 456 pages was submitted today. Some of the highlights are as below.
Recommended TRCA to have effect from 1st January-2006
Salary
EDSPM 4575-85-7125
BPM 2745-50-4245 (3 hrs)
3200-60-5000(3-30 hrs)
3660-70-5760(4-00hrs)
4115-75-6365(4-30 hrs)
4575-85-7125)5 hrs)
EDDA/SV 2665-50-4165(up to 3 hrs)
3330-60-5130( 3 to 3-45hrs)
4220-75-6470( above 3-45 hrs)
EDMC/Pkr 2295-45-3695(up to 3 hrs)
2870-50-4370( 3 to 3-45hrs
3635-65-5585( above 3-45 hrs)

(1)Office Maintenance Allowance Rs.100/- p.m. Allowance for cash remittance raised to Rs50/-
(2)FSC for BPM Rs.25/- Combined Duty Allowances Rs 500/- .
Attached EDAs to other EDposts to get Rs.25/- per day
(3)Ex-gratia and Severance All raied to Rs60,000/- each.
(4)Paid Leave for 20 days in a year instead of 10 days per 6 months
(5)TRCA to be paid through SB account.
(6) Retirement age recommended to be 62 years
(7)Incentives @ Rs1 % for RD accounts and 2% for RPLI premium to BPMs
(8) LWA for 30 or more days to be deducted from service , unless condoned.
(9) EDSOs to be abolished
(10) GIS to be enhanced to Rs 50/- p.m.
Please visit www.postalinfo.synthasite.com for fixation of TRCA in the revised scale.

WISH U ALL A HAPPY DEEWALI

postalinfo wishes all its viewers/wellwishers a very very Happy and Enjoyable "DEEWALI"

Treament of December-2000 Strike Period

It is reliably learnt that the Cabinet Secretary objects the orders for treatment of December-2000 strike period as Leave. Lets hope the best.

GDS Committee report and Dec-2000 Strike regularisation.

Minister of Communications & IT(S) asks for gist of recommendations

The Minister(S) insisted Chairman GDS commission to give gist of recommendations within 24 hours. The Minister of state for communications asked Chairman to meet on 26th.The report is expected on 28-10-2008

14 days strike wages to Postal employees

The Minister of communications today insisted the Secretary Post to pay 14 days strke period wages immediately.orders are expected on Monday or end of the next week

Revised Bonus orders for GDS issued

The Department of Posts has issued the revised bonus orders for GDS today

PLB in revised ceiling for Postal Dept.issued

The memo authorising for payment of PLB in revised ceiling to the Regular staff of Postal department is reproduced below:-

Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi – 110001

No. 26-04/2008-PAP Dated 15.10.2008

Sub: Productivity Linked Bonus for the Accounting year 2006-2007 & 2007-2008

Sir,

I am directed to invite your attention to this Department’s Letters Nos. 26-4/2007-PAP dated 12.10.2007 and No. 26-4/2008-PAP dated 30.9.2008 regarding payment of Productivity Linked Bonus, for the accounting years 2006-2007, and 2007-2008, respectively and to say that in accordance with Ministry of Finance, Department of Expenditure O.M. No. 7(23)/E. III-A /2007 dated 10th October, 2008, the ceiling for calculation of Productivity Linked Bonus, has been raised to Rs. 3,500/- (emoluments per month) from Rs. 2,500/-(emoluments per month), for regular Central Government employees only, with effect from 01.04.2006 i.e. from the year 2006-07 onwards. It is, therefore, requested that the PLB, to the regular employees of the Department of Posts, may be re-calculated and paid with revised calculation ceiling of Rs. 3,500/-(emoluments per month) for the accounting years 2006-07 and 2007-08.

2. This issues with the approval and concurrence of I.F. Wing vide Dairy No. 138/FA/08/CS, dated 15.10.2008.

3. Receipt of this letter may please be acknowledged.

Yours faithfully

Sd/-
(B.P.Sridevi)
Director (T&E)

DA orders for GDS staff -7% in old pattern

Revised DA @ (104% -97%) =7% w.e.from 01-07-2008 was issued by the Dept. of Posts on 10-10-2008

Revised Ceiling of PLB

Revised Bonus ceiling (for PLB and Adhoc) to Rs 3500/- for all Central Govt.employees was issued vide MOF no 7 (23)/E III-A/2007 dated 10-10-2008.

Please visit

http://rapidshare.com/files/152992536/PLB_AdhocBonus.pdf for details

Orders regarding Grant of Interest Free Advances issued

The orders on Interest Free Advances issued on 07-10-2008
highlights:-
1) Cycle Advance Rs.3000/- (Interest free) eligible to employees up to grade Pay Rs.2800/-
2)Festival Advance Rs.3000/- eligible to employees up to grade Pay Rs.4800/-
3)Table Fan Advance discontinued.
and so.......................
For details visit:- www.postalinfo.synthasite.com

Bonus Ceiling raised to Rs 3500/- w.e.f 01-04-2006

Press Information Bureau of Ministry of Railways is reporduced below :
The Union Cabinet today gave its approval for payment of Productivity Linked Bonus equivalent to 73 days wages to the eligible non-gazetted Railway employees for the financial year 2007-2008. The Govt. also decided to enhance the wages ceiling from Rs.2500/- to Rs.3500 per month with effect from 1.4.2006 for payment of Productivity Linked Bonus to all eligible Govt. employees in addition to employees of the Raillways.
Acordingly Bonus for the years of 2006 -7 and 2007-08 will be calculated on the basis of the revised ceiling of Rs.3500/-.

Bonus Ceiling
The S.G., FNPO had sent telegrams on the 1st October 2008 to the Hon'ble Minister for Communications & I.T Shri. A.Raja, MoS Shri. Jyotidraj Scindia and Secretary (Posts) requesting them to remove the cap on bonus ceiling from Rs.2500 to Rs.3500/-. To day detailed letters were also sent to the above by fax.
The S.G., FNPO had already initiated action on this issue on 19.9.2008 and met the Secretary (Posts) and submitted a detailed a letter requesting to raise the bonus ceiling from Rs.2500 to Rs.3500/-.

Know some thing about your BONUS.....

Know about Productivity Linked Bonus..............
The payment of Bonus Act provides for payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.
It extends to the whole of India and is applicable to every factory and to every other establishment where 20 or more workmen are employed on any day during an accounting year
ELIGIBIITY FOR BONUS
Every employee receiving salary or wages up to RS. 3,500 p.m. ( Now all non-gazetted employees irrespective of wages) and engaged in any kind of work whether skilled, unskilled, managerial, supervisory etc. is entitled to bonus for every accounting year if he has worked for at least 30 working days in that year.
However employees of L.I.C., Universities and Educational institutions, Hospitals, Chamber of Commerce, R.B.I., IFCI, U.T.I. Social Welfare institutions are not entitled to bonus under this Act.
DISQUALIFICATION FOR BONUS
Notwithstanding anything contained in the act, an employee shall be disqualified from receiving bonus, if he is dismissed from service for fraud or riotous or violent behaviour while in the premises of the establishment or theft, misappropriation or sabotage of any property of the establishment.


MINIMUM AND MAXIMUM BONUS PAYABLE
MINIMUM BONUS
The minimum bonus which an employer is required to pay even if he suffers losses during the accounting year or there is no allocable surplus is 8.33 % of the salary or wages during the accounting year, or
Rs. 100 in case of employees above 15 years and Rs 60 in case of employees below 15 years, at the beginning of the accounting year,whichever is higher
MAXIMUM BONUS
If in an accounting year, the allocable surplus, calculated after taking into account the amount ‘set on’ or the amount ‘set of’ exceeds the minimum bonus, the employer should pay bonus in proportion to the salary or wages earned by the employee in that accounting year subject to a maximum of 20% of such salary or wages.
TIME LIMIT FOR PAYMENT
The bonus should be paid in cash within 8 months from the close of the accounting year or within one month from the date of enforcement of the award or coming into operation of a settlement following an industrial dispute regarding payment of bonus.
However if there is sufficient cause extension may be applied for
CALCULATION OF BONUS
The method for calculation of annual bouns is as follow:
1. Calculate the gross profit profit in the manner specified in-
a. First Schedule, in case of a banking company, or
b. Second Schedule, in any other case.
2. Calculate the Available Surplus.
Available Surplus = A+B, where A = Gross Profit – Depreciation admissible u/s 32 of the Income tax Act - Development allowance - Direct taxes payable for the accounting year (calculated as per Sec.7) – Sums specified in the Third Schedule.
B = Direct Taxes (calculated as per Sec. 7) in respect of gross profits for the immediately preceding accounting year – Direct Taxes in respect of such gross profits as reduced by the amount of bonus, for the immediately preceding accounting year.
3. Calculate Allocable Surplus
Allocable Surplus = 60% of Available Surplus, 67% in case of foreign companies.
4. Make adjustment for ‘Set-on’ and ‘Set-off’. For calculating the amount of bonus in respect of an accounting year, allocable surplus is computed after considering the amount of set on and set off from the previous years, as illustrated in Fourth Schedule.
5. The allocable surplus so computed is distributed amongst the employees in proportion to salary or wages received by them during the relevant accounting year.
In case of an employee receiving salary or wages above Rs. 2,500 the bonus payable is to be calculated as if the salary or wages were Rs. 2,500 p.m. only.
DUTIES / RIGHTS OF EMPLOYER
DUTIES
To calculate and pay the annual bonus as required under the Act
To submit an annual return of bonus paid to employees during the year, in Form D, to the Inspector, within 30 days of the expiry of the time limit specified for payment of bonus.
To co-operate with the Inspector, produce before him the registers/records maintained, and such other information as may be required by them.
To get his account audited as per the directions of a Labour Court/Tribunal or of any such other authority.
RIGHTS
An employer has the following rights:
Right to forfeit bonus of an employee, who has been dismissed from service for fraud, riotous or violent behaviour, or theft, misappropriation or sabotage of any property of the establishment.
Right to make permissible deductions from the bonus payable to an employee, such as, festival/interim bonus paid and financial loss caused by misconduct of the employee.
Right to refer any disputes relating to application or interpretation of any provision of the Act, to the Labour Court or Labour Tribunal.

RIGHTS OF EMPLOYEES
Right to claim bonus payable under the Act and to make an application to the Government, for the recovery of bonus due and unpaid, within one year of its becoming due.
Right to refer any dispute to the Labour Court/Tribunal Employees, to whom the Payment of Bonus Act does not apply, cannot raise a dispute regarding bonus under the Industrial Disputes Act.
Right to seek clarification and obtain information, on any item in the accounts of the establishment.

RECOVERY OF BONUS DUE
· Where any bonus is due to an employee by way of bonus, employee or any other person authorised by him can make an application to the appropriate government for recovery of the money due.
· If the government is satisfied that money is due to an employee by way of bonus, it shall issue a certificate for that amount to the collector who then recovers the money.
· Such application shall be made within one year from the date on which the money became due to the employee.
· However the application may be entertained after a year if the applicant shows that there was sufficient cause for not making the application within time