Thursday, April 18, 2013

Dearness allowance for central govt employees hiked to 80%

NEW DELHI: Union Cabinet on Thursday approved the proposal to increase dearness allowance (DA) to 80 per cent, from existing 72 per cent, benefiting about 50 lakh employees and 30 lakh pensioners of the central government. 

The hike would be effective from January 1, 2013 and the employees and pensioners will be entitled to arrears. 

The decision to raise the DA will impose an additional annual burden of Rs 8,629.20 crore on the exchequer, information and broadcasting minister Manish Tewari told reporters after the meeting of the Union Cabinet. 

Taking into account the additional outgo for the January- March period, the total burden during the current financial year would be Rs 10,067 crore. 

The government had hiked DA to 72 per cent in September last year. It had come into effect from July 1, 2012. 

As per the practice, the DA is merged with basic pay when it breaches the 50 per cent cap. This helps employees get higher allowances as they are paid as proportion of the basic pay. 


Source: http://timesofindia.indiatimes.com

Monday, April 15, 2013

Direct Recruitment Examination for Postal Assistant/Sorting Assistant on 21.04.2013


Government of India
Department of Posts
O/o Postmaster General, Central Region
Tiruchirappalli – 620001.
PUBLIC NOTICE
Direct Recruitment Examination for Postal Assistant/Sorting Assistant in Tamilnadu Postal Circle

             The examination for recruitment of Postal Assistant/Sorting Assistant for the vacancies of the years  2011 & 2012 will be held on 21.04.13. The list of eligible candidates for the said examination has already been made available on the India Post website (www.indiapost.gov.in). Candidates appearing for the examination from Trichy Centre are hereby intimated that the said examination is being held from 10  to 12 hrs  on Sunday, the 21st April, 2013 at the following 11 venues in  Tiruchirapalli City. Admit Cards have already been dispatched to the candidates. The Admit Cards can also be generated from the India Post website (www.indiapost.gov.in). The candidates are advised to be present at the venue at least 1 hour before the exam. Clarifications regarding the exam could be obtained from the Asst. Postmaster General (Staff), O/o Postmaster General, Tiruchirappalli. Ph: (O431) 2460999 

Sl.no
Name of the Venue  
1.
Mahatma Gandhi Centenary Vidhyalaya, Tennur, Tiruchirappalli
2.
Srimad Andavan Arts & Science College.
Tiruvanaikoil, Trichy
3.
Oxford Engineering College, Pirattiyur, Trichy
4.
Bishop  Heber College(Autonomous), Puthur, Trichy
5.
Chidambaram Pillai College for Women,
Manachanallur, Trichy
6.
Vasavi Vidhyalaya Matriculation School
Birds Road, Trichy
7.
Jamal Mohammed College((Autonomous), Kaja nagar, Trichy
8.
Shivani Institute of Technology,
Navalur Kuttapattu
Trichy- Dindigul main road, Trichy
9.
Rajaji Vidhyalaya, Tennur, Trichy
10.
Indra Ganesan College of Engineering, Manikandam, Trichy
11.
Govt Arts College,
Thuvakudimalai, Trichy



  Postmaster General
Central Region
Tiruchirappalli 620001

Thursday, April 4, 2013

INTEREST TABLE W.E.F 01.04.2013





RD Maturity Value for Denomination of Rs.100

Maturity Value before 01.12.2011
Maturity Value w.e.f 01.04.2012 to 31.03.2013
Maturity Value w.e.f 01.04.2013
Interest @ 7.5 %
Interest @ 8.4 %
Interest @ 8.3 %
Rs. 7289/-
Rs. 7465/-
Rs. 7445/-


RD Maturity Value for Denomination of Rs. 100/-
in case of extension after 5 Years

Maturity Period
Interest @ 8.40 %
01.04.2012 to 31.03.2013
Interest @ 8.30% w.e.f 01.04.2013
5 Years
7465
7445
6 Years
9368
9338
7 Years
11436
11392
8 Years
13682
13622
9 Years
16124
16044
10 Years
18777
18672


Monthly Interest before 01.12.2011
Monthly Interest  w.e.f 01.04.2012 to 01.04.2013
Monthly Interest  w.e.f 01.04.2013
Interest @ 8.0%
Interest @ 8.5%
Interest @ 8.4%
Rs. 1000/-
Rs.1062/-
Rs.1050/-



Maturity Value before 01.12.2011
Maturity Value  w.e.f 01.04.2012 to 31.03.2013
Maturity Value  w.e.f 01.04.2013
Interest @ 8.0%
Interest @ 8.6%
Interest @ 8.5 %
Rs. 16010/- (6 Year)
Rs.15235/- (5 Year)
Rs.15162/- (5 Year)


NSC 10 Year Maturity Value for Denomination of Rs.10000/-

Maturity Value  w.e.f 01.04.2012 to 31.03.2013
Maturity Value  w.e.f 01.04.2013
Interest @ 8.9%
Interest @ 8.8%
Rs.23887/-
Rs.23660/-



Interest @ 9.3%
Interest @ 9.2%
Quarterly Interest  w.e.f 01.04.2012 to 31.03.2013
Quarterly Interest  w.e.f 01.04.2013
Rs.2325/-
Rs.2300/-