Friday, November 25, 2011
Wednesday, October 12, 2011
Admissibility of commission to SAS Agents
SB ORDER NO. 17/2011
No.116-01/2007-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 09.09.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject:-
Sir / Madam, Admissibility of commission to SAS Agents.
The undersigned is directed to say that there are lot of audit paras raised by teams of DG
P&T Audit in many circles regarding irregular commission paid to SAS agents where the investment
was made exceeding the limit of Rs.50,000/- by cash at a time. One Draft Audit Para relating to Delhi
and NE Circles has become CAG Para.
2. As per agency rules, prior to issue of SB Order No.3/2011 dated 11.3.2011, limit for acceptance of cash at a time from SAS agents was Rs.50,000/- which has now been reduced to Rs.10,000/-. In 2004, Regional Director, National Savings Institute, New Delhi vide letter no. Misc/2004 dated 3.11.2001 had intimated the Delhi Circle that agents are not entitled for commission on cash deposits of more than Rs., 50,000/- at a time. CAG Para was also referred to Min. of Finance (DEA) which opined that commission if paid in such cases is irregular and recovery of commission paid cannot be waived.
3. It is therefore requested that where any SAS agent deposited cash more than Rs.50,000/- at a time in any post office and commission was paid to him, the commission paid has to be recovered from the concerned agent if his agency is active and action should be taken against the officials responsible for accepting cash deposits exceeding the prescribed limit. Where the agent is inactive but his agency is not lapsed, his appointing authority may be asked to recover the amount from his security deposit. In case the agency of agent is expired and not further renewed or agent has already expired, such cases may be referred to this office.
4. In future, it may be ensured that no cash more than the prescribed limit of Rs.10,000/- at a time should be accepted from the SAS agents as no commission is payable on such irregular deposits.
5. It is requested that necessary action may be taken immediately to circulate this letter to field units and any violation of these orders by postal staff should be viewed seriously.
6. This issues with the approval of DDG(FS).
Yours faithfully,
(Kawal Jit Singh)
Assistant Director (SB)
Copy to:-
1. DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF/DDG(RB)/DDG (Estt.)
2. Director (Tech) O/o Pr. CPMG T..N Circle.
3. Director (FS)/Director (CBS), Dak Bhawan.
4. Director of Audit (P&T), Delhi.
5. All Directors/Dy. Directors of Accounts, Postal
6. Director, Postal Staff College, Ghaziabad.
7. All Directors, Postal Training Centres.
8. Director PTC Mysore for uploading the SB order on India Post Web Site.
9. A.D (Tech), SDC Chennai O/o CPMG T.N.Circle, Chennai.
10. AD /Inspection/PF/Vigilance
11. All Accounts Officers ICO(SB)
12. All recognized unions.
13. MOF(DEA), NS-II, North Block, New Delhi
14. Director, NSI, CGO Complex,’A’Wing, 4th Floor, Seminary Hills, Nagpur-440006
15. PS to Member (T)
16. PPS to Secretary Posts.
Monday, May 16, 2011
Appointment of agents and other agency functions- issue of clarifications regarding [AGENTS]
SB ORDER NO. 05/2011
F.No.116-35/2009-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001, Dated: 21.04.2011
To
All Heads of Circles/Regions
Addl. Director General, APS, New Delhi.
Subject:-Appointment of agents and other agency functions- issue of clarifications regarding
Sir / Madam,
The undersigned is directed to refer to this office letter of even number dated 11.3.2011 (SB Order No.3/2011) vide which some instructions on the subject were circulated. This office is receiving references from agents as well as circles on issue of clarifications on few issues which are being clarified below:-
| Sl.No. | Issue raised | Clarification |
| 1 | Whether the limit of acceptance of Rs.10,000/- as cash from SAS agents is also applicable to PPF and MPKBY agents? |
There are three types of agents i.e SAS,MPKBY and PPF. The instructions circulated are applicable to SAS agents only. Therefore, it is not applicable to MPKBY or PPF agents. |
| 2 | Whether the above limit is also applicable in case of re-investment through SAS agents? |
In case of re-investment, no cash handling is involved. In case of re investment through agents, this limit is not applicable. |
| 3 | Whether depositor can give cheque from his/her post office savings account for investment? |
Yes. POSB cheque is also acceptable for investment through agents. |
2. This may kindly bring to the notice of all post offices for information and guidance.
3. This issues with the approval of DDG(FS).
Yours faithfully,
(Kawal Jit Singh)
Assistant Director (SB)
Copy to:-I. DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF)/DDG(RB)
II. Director (FS)/Director (CBS), Dak Bhawan.
III. Director of Audit (P&T), Delhi.
IV. All Directors/Dy. Directors of Accounts, Postal
V. Director, Postal Staff College, Ghaziabad.
VI. All Directors, Postal Training Centres.
VII. Director CEPT, PTC Mysore for uploading the SB Order in Department’s Web Site.
VIII. A.D (Tech), SDC Chennai O/o CPMG T.N.Circle, Chennai.
IX. AD /Inspection/PF/Vigilance
X. All Accounts Officers ICO(SB)
XI. All recognized unions.
XII. PS to Member (T
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