OPTIMIZATION OR LIQUIDATION?
The Mail Network Optimization Project (MNOP) has become Mail Network Liquidation Project (MNLP). Implementation of the "Speed Post hub" experiment has resulted in reducing 315 National Speed Post Centres to 89 speed post hubs |
. Introduction of the "First Class Mail hubs" will result in gradual extinction of 366 RMS Mail Sorting Offices. Delivery hubs will further result in withdrawal of delivery from hundreds of Urban Post Offices. The proposed closure or merger of 9797 urban Post offices will sound the death-knell of Post services. Is it optimization or liquidation? Department of Posts is paying Consultancy fees to Mckinsey and Mckinsey is not paying any money to the INDIA POST. But the Mckinsey is behaving as if they have purchased the INDIA POST and are the real owner of it. They are passing orders to the employees above the head of departmental officers. Even Heads of Circles are bound to obey Mckinsey. Voice of the right-thinking employees and officers are suppressed and only those support Mckinsey are allowed to run the show. Creation of hubs has resulted in abnormal delay in conveyance and delivery of speed post articles and everywhere back-routing is taking place. Even articles meant for local delivery are unnecessarily despatched to the hubs situated hundreds of miles away and from there again back-routed to the delivery Post offices causing avoidable delay. Speed post has lost its speed and the faith of public in this premium services has been shaken. Number of articles and revenue has come down. Still the authorities blindly go on repeating that it is a great success. It is just like "operation is successful, but the patient died". The introduction of the first class mails hubs and delivery hubs will be the "beginning of the demise of the Postal Services in India". |
An Individual having income not exceeding Rs. 5 lacs from salaries/other sources is not required to file return u/s 139(1)
The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income tax return for assessment year 2011-12, which will be due on July 31, 2011. Individuals having total income up to Rs.5,00,000 for FY 2010-11, after allowable deductions, consisting of salary from a single employer and interest income from deposits in a saving bank account up to Rs.10,000 are not required to file their income tax return. Such individuals must report their Permanent Account Number (PAN) and the entire income from bank interest to their employer, pay the entire tax by way of deduction of tax at source, and obtain a certificate of tax deduction in Form No.16. Persons receiving salary from more than one employer, having income from sources other than salary and interest income from a savings bank account, or having refund claims shall not be covered under the scheme. The scheme shall also not be applicable in cases wherein notices are issued for filing the income tax return under section 142(1) or section 148 or section 153A or section 153C of the Income Tax Act 1961.
NOTIFICATION NO. 36/2011 F. NO. 142/09/2011 (TPL), DATED 23-6-2011
In exercise of the powers conferred by sub-section (1C) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to the conditions specified hereinafter, from the requirement of furnishing a return of income under sub-section (1) of section 139 for the assessment year 2011-12, namely :—
Class of Persons
1. An Individual whose total income for the relevant assessment year does not exceed five lakh rupees and consists of only income chargeable to income-tax under the following head,—
(A) "Salaries";
(B) "Income from other sources", by way of interest from a savings account in a bank, not exceeding ten thousand rupees.
Conditions
2. The individual referred to in para 1,—
(i) has reported to his employer his Permanent Account Number (PAN);
(ii) has reported to his employer, the incomes mentioned in sub-para (B) of para 1 and the employer has deducted the tax thereon;
(iii) has received a certificate of tax deduction in Form 16 from his employer which mentions the PAN, details of income and the tax deducted at source and deposited to the credit of the Central Government;
(iv) has discharged his total tax liability for the assessment year through tax deduction at source and its deposit by the employer to the Central Government;
(v) has no claim of refund of taxes due to him for the income of the assessment year; and
(vi) has received salary from only one employer for the assessment year.
3. The exemption from the requirement of furnishing a return of income-tax shall not be available where a notice under section 142(1) or section 148 or section 153A or section 153C of the Income-tax Act has been issued for filing a return of income for the relevant assessment year.
4. This notification shall come into force from the date of its publication in the Official Gazette
