National Union Group - C & MTS &Postman Bi - Annial Conferance - Khammam Division (Telangana Circle ) Photos.
Sunday, November 27, 2016
Friday, November 25, 2016
Accusations abound in Supreme Court during demonetisation hearing
The morning’s hearing began with senior advocate Kapil Sibal claiming that “people were starving on the roads.” As accusations overawed decorum in the demonetisation hearing, a Supreme Court Bench led by Chief Justice T.S. Thakur urged lawyers to maintain the dignity of the court while assuring all that the judiciary will “certainly” hear both the ground realities and weigh the constitutionality of the November 8 RBI notification. In a hearing on the demonetisation issue on Friday, the apex court said it will on December 2 comprehensively hear everyone involved on the various questions, including the hardships caused by demonetisation, the transferring of petitions filed in the various High Courts to Delhi, the constitutional validity of the RBI notification, and finally whether the issue should be referred to a Constitution Bench. In this, the Bench accepted the suggestion of the government that it was better to hear the demonetisation issue in its totality on December 2 rather than in a piecemeal fashion. Attorney General Mukul Rohatgi submitted that the government’s petition to transfer all demonetisation-related cases from other High Courts to the National Capital is already scheduled for hearing on December 2. “In that case the four separate petitons — listed today for hearing — should also be heard on the same day. This would ensure that the court can take an informed decision after considering all the aspects of the issue,” Mr. Rohatgi said. Agreeing to this, Justice Thakur said the Bench would keep its calendar clear on December 2 at 2 p.m. for a detailed hearing. The morning’s hearing began with senior advocate Kapil Sibal, appearing for a petitioner, claiming that “people were starving on the roads.” “Nobody is starving on the roads,” Mr. Rohatgi said, dismissing the claim. “The markets are closed,” Mr. Sibal retorted. At this point, advocate Manohar Lal Sharma, who claimed that the new Rs. 2000 bank notes bleed and can be easily faked, wrested the floor from Mr. Sibal, claiming “all the banks are closed.” “Maximum cash has gone into BJP hands,” Mr. Sharma declared as shouts of protest rose from several of the lawyers in the courtroom. Then lawyers vied with each other, raising their hands for the court’s attention as pandemonium threatened. Justice Thakur, who along with Justice D.Y. Chandrachud, maintained silence all through. But the Chief Justice reined in the confusion by issuing a stern warning that the court would adjourn the hearing by another six weeks unless order was restored immediately. “Everyone is shouting with their hands over the other’s shoulder. This is a courtroom and there is some decorum to be observed here. We will adjourn the case for hearing after the vacation,” Chief Justice Thakur addressed the crowded courtroom. “There are some really serious issues here, My Lords,” Mr. Sibal interceded. “If there is a difficulty, you tell us what the problems are,” Chief Justice Thakur addressed the senior lawyer. “There is a lot of inconvenience. They don’t have the capacity to print the new currency. What are they going to do?” Mr. Sibal stressed. “If you want us to look into it... We will certainly do... But we will hear all. We cannot hear this issue piecemeal,” Chief Justice Thakur said, refusing Mr. Sibal’s plea to advance the hearing to Tuesday next.
CBI carries out raids at post offices in Hyderabad after irregularities
CBI officials obtained inputs about irregularities in post offices in terms of amount being accepted in old 500, 1000 rupee notes after demonetisation.
Simultaneous raids were conducted on as many as eight post offices in Hyderabad city.
CASH WORTH RS 40 LAKH SEIZED FROM HIMAYATNAGAR POST OFFICE
Reports suggest that during the raids, cash worth Rs 40 lakh was seized from Himayatnagar post office. The raids are going on at the General Post Office in Abids, Narayanguda, Chikkadpally and Himayatnagar areas. CBI officials interrogated the post office staff, inspecting their records and cash reserves relating to transactions since November 9.
CBI GOT COMPLAINTS ABOUT POST OFFICE STAFF
Sources say that the CBI has received complaints that some post office staff are allegedly exchanging the demonetised high-currency notes illegally. The sleuths are also verifying certain savings accounts, where a huge amount of money has been deposited post the demonetisation announcement.
FNPO Letter to Secretary DoP on Retirement & Death Gratuity
Click the link above to view the letter
FEDERATIONOFNATIONALPOSTALORGANISATIONS
T-24,Atul Grove Road, New Delhi - 110 001. Phone : 011-23321378
E-mail: theagarajannachi@hotmail.com.
Ref:9/NAPE/172/2016 24/11/2016
To
Shri. B.V. SUDHAKAR
Secretary,
Department of Posts,
Dak Bhawan ,
New Delhi-110 001
.
Sub: Extension of benefits of Retirement Gratuity and Death Gratuity to the Central Govt. Employees covered by new Defined Contribution Pension System (National Pension System)-regarding.
Ref: Ministry of Personnel, Public Grievances and Pensions, Dept of Pension and Pensioners Welfare memo no. 7/5/2012-P &PW (F)/B dated 26.08.2016,
************
Your kind attention is invited to the letter cited above, wherein the Ministry of Personnel Public Grievances and Pensions, Dept of Pension and Pensioners have been issued to grant gratuity in respect of Govt employees covered by the National Pension System. The orders will be applicable to those Central Civil Govt. Employees who joined the Govt. Service on or after 01.01.2004.
Though the concerned Ministry has issued orders in August 2016 itself, DOP is yet to issue orders to our employees
Hence it is requested that necessary action may kindly be taken to issue orders to the Heads of the Circles at the earliest so as to enable the officials who have retired from service covered by National Pension System to receive the benefits.
.
Yours Sincerely,
D.Thegarajan.
Secretary General.
Copy to:
1)Shri A.K.Dash, Member (P),
2)MS.Manju Pandey DDG(P).
Cabinet moves in to tax post demonetisation deposits
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| Prime Minister Narendra Modi in the Rajya Sabha on Thursday. | Photo Credit: PTI |
The Union Cabinet on Thursday night is believed to have discussed amending laws to levy close to 60 per cent income tax on unaccounted deposits in banks above a threshold post demonetisation of high-denomination currency notes.
The move comes amid banks reporting over Rs. 21,000 crore being deposited in zero-balance Jan Dhan accounts in two weeks after the Rs. 500 and Rs. 1,000 notes were banned, which authorities apprehend may be the laundered black money.
There was no official briefing on what transpired in the meeting that was called at short notice as Parliament is in session. Traditionally, there could no disclosures outside on any policy decision taken during the sitting of Parliament.
Sources said the government was keen to tax all unaccounted money deposited in bank accounts after it allowed the banned currency to be deposited in bank accounts during a 50-day window from November 10 to December 30.
There have been various statements on behalf of the government ever since the demonetisation scheme was announced on November 8, which has led to fears of the taxman coming down heavily on suspicious deposits that could be made to launder black money.
Officials have even talked of a 30 per cent tax plus a 200 per cent penalty on top of a possible prosecution in cases where black money holders took advantage of the 50-day window for depositing the banned currency.
Sources said the government plans to bring an amendment to the Income Tax Act during the current winter session of Parliament to levy a tax that will be higher than 45 per cent tax and penalty charged on black money disclosed in the one-time Income Disclosure Scheme that ended on September 30.
As for those black money holders who did not utilise the window, they would be charged a higher rate which could be close to 60 per cent that the foreign black money holder had paid in 2015.
Sources said the government is keen to root out benami deposits, particularly in Jan Dhan accounts.
There was also talk of the government imposing a limit on domestic gold holding, but it is not clear if the proposal was discussed at the Cabinet meeting chaired by Prime Minister Narendra Modi on Thursday night.
The Cabinet meeting, summoned at a very short notice, comes amid reports of high tax penalty terrifying people from putting their cash savings in the formal banking system.
The sources said the government wants all of the Rs. 500 and Rs. 1,000 banknotes to be deposited and not burnt or destroyed for the fear of penal action.
The Income Tax Department had previously warned that cash deposits above Rs. 2.5 lakh threshold post demonetisation decision could attract tax plus a 200 per cent penalty in case of income mismatch.
It was stated that the department was tracking all cash deposited during the period of November 10 to December 30, 2016, above a threshold of Rs. 2.5 lakh in every account.
This had instilled fear in people with reports of the banned currency even being destroyed.
The sources added that the government may come out with a deposit scheme or an instrument like bond where the cash savings in the banned notes could be deposited.
A 50-day window was given to holders of the old currency to deposit in their bank accounts. But the penal tax provisions were deterring many.
Source : http://www.thehindu.com/
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