Validity Of Cheque/Draft/Pay Orders/Banker’s changed To 3 Months Instead Of 6 Months

From April 1st 2012 onwards validity of Cheque /Draft/Pay orders/ Banker's Cheque will be three months instead of 6 months.A circular issued by the Reserve Bank of India has asked all banks to implement the new rule from April 1, 2012. It has asked banks to notify holders of such instruments of the change in practice by printing or stamping on the cheque leaves, drafts, pay orders and banker's cheques issued on or after April 1, 2012,

The new rule come into force because that some unscrupulous people were circulating the cheques as cash for close to six months, thereby creating a tradeable instrument which was never intended under the RBI rules

Banking circles said the move could lead to some practical problems for individuals, particularly if they were not aware of the new rule that would come into effect next year. “People should not only present their cheque in time, but also ensure that if they are receiving a cheque from a company for a service rendered, the date should be checked,” a banker said.

CABINET APPROVES 7% HIKE IN DEARNESS ALLOWANCE...

CABINET APPROVES 7% HIKE IN DEARNESS ALLOWANCE...

UNION CABINET APPROVED A PROPOSAL TO HIKE ADDITIONAL DEARNESS ALLOWANCE BY 7% FOR CENTRAL STAFF AND CENTRAL PENSIONERS...

THE CENTRAL GOVERNMENT ON FRIDAY APPROVED A SEVEN PER CENT HIKE IN DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS, THIS HIKE IS TO BE EFFECTIVE RETROSPECTIVELY FROM JAN 2012...

THE DEARNESS ALLOWANCE AND DEARNESS RELIEF FOR CENTRAL GOVERNMENT SERVING EMPLOYEES AND PENSIONERS WILL INCREASE FROM 58% PER CENT OF BASIC EMOLUMENTS TO 65% PER CENT WITH EFFECT FROM 1.1.2012.

Question Paper for PO and RMS Accountants Examination 2003 Part I

Previous question paper for  PO and RMS Accountants Examination  2003
Paper I  with Books
Part I

Q1   Calculate  the pension  retirement gratuity and commutation payable to an official who retired on 30.04.2003 with the following particulars
1.      Date of Birth   12.04.1943
2.    Date of appointment 01.08.1972
3.    Promoted as HSG 1 Postmaster in the pay scale of rs  6500-200-10500 with effect from  01.10.2001
4.    Pay in the promoted grade was fixed at Rs  8900/- with DNI on 01.10.2002
5.    Rate of D A 52 %    
 

Q2 (A)  Calculate  GPF Balance at credit of an official  as on 31.03.2003  with the following details

1.     O B  as on  01.04.2002  Rs 95000
2.    Subscription at the rate of  Rs  5000 per month
3.    Raised GPF subscription to Rs  6000/-  from  the pay  of  Oct 2002
4.    Taken  final withdrawal of Rs 25000/- in December 2002
5.    Taken  an advance  of  Rs  10000/- during jaunary 2003  recoverable in 10 equal instalments
6.    Rate of interest 09 %    

(B)  Define Honorarium and illustrate any five items of work for which honorarium should not be paid            
                                                                                                   
Q 3 ( A)  Prpeare the earned leave account and half pay leave account of a postman up to  31.03.2003 from the following data

1 Date of appointment   15.04.2000
2. Dies non for 18 days from 03.12.2000
3.; Availed EL  for 10 days from  26.12.2000
4. availed EL for 5 days from  15.03.2003 for LTC and also encashed EL  for  5 days
5 Availed HPL on MC from 15.09.2000 to  24.09.200
6.    Availed commuted leave on MC for 8 days from  01.05.2002

Courtesy : nfpemavelikaradivision.blogspot.com
Published by : http://rmssa.blogspot.com/

Update 2.0 to Megh 7.0

A new update update 2.0 has been released by PTC mysore. this release is  Due to the revision of NPS tariff, required changes in Point of Sale and e-Payment modules have been done to incorporate the revised tariff and hence this release

Download from here

Problem with Sanchay post 6.6.1

(Q) Transactions in BPL accounts cannot be done in sb form no 1309 i.e sb deposit?
Solution: Use the form number 1310 ECS-Debits and Credits

(Q) While accepting RD bulk acceptance (i.e for opening new acccount) a error comes?

Solution: Use RD bulk setup (rd form no:1110), Add new accounts to the agent, after alloting the number of account to the agent the number will be correctly displayed for the new account


Note: Correct procedure is not yet all given by SDC Lan, while doing new accounts to the agent, the number of accounts alloted to agent will automatically taken from General account number, thus those account become unallocated and you have to change the run number  from supervisor>>intilisation>>rd a/c , nominee, AT (form no0453). This step has to done for all agents and have to do daily

source : satirur.blogspot.in

SANCHAYA POST 6.6.1 Error-Up gradation to 6.5 R2 was not Successful

As per Release Document of Sanchya 6.6.1 using Db analyzer Whether checking for upgrade to 6.5 R2 an error occurs. If you done the R2 upgradation also this error occurs. It shows

Upgradation to 6.5 R2 was not successful

Error code 1: RSTUVWXYACD

Continue working without patches

While sending this error message to sdc chennai. They give the solution for this error. After day end ,Unzip the attached file and copy it to DBAnalyzer folder and run it from the same location. Then, once again check for upgradation status to Version 6.5R2 using DBAnalyzer . This solution worked for me.

Click here to Down load the Patch

Note: Before Updation Take the backup of concerned databases

Courtesy : saparavur.blogspot.in