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Friday, May 24, 2013

10 ways to survive a stressful job

By Sanjeev Sinha, ECONOMICTIMES.COM

Stress has become part and parcel of our life and, particularly, workplace today. However, while some stress is normal, excessive stress can interfere with your productivity and can also impact your mental and physical health. 

Workplace stress is generally associated with the pressure one is encompassed by the issues at the workplace. Although workplace stress can't be avoided, however, there're means to manage or at least reduce it. Here we take a look at some of them: 

1. Self-Introspection
Many of us are victims of a stressful work environment. However, when it becomes to dealing with it, most of us do nothing but freak out and end up making the situation even worse. 

"At these times, pep talk with yourself can come to your rescue to maintain the calm and handle whatever is thrown at you. No matter what is going inside you, the best quality of a leader is to maintain the outer composure," says Deepak Kaistha, managing partner, Planman Consulting. 

2. Enrich your life 

If work and the workplace have become the all encompassing phenomena of your life, change it. Enrich your life with good time for yourself, your family, and other endeavours that truly interest you. 

"Having that distance and focusing off your job actually work in its favour. Circumstances that were great stressors for you earlier may start seeming less important and bothersome from a bigger perspective," informs Ashish Arora, founder & MD, HR Anexi. 

3. Create a network of allies 

Build relationships in the organization outside of your immediate work circle. Even when things are going relatively smoothly, reach out to others and share your work and plans with them. Then, during times of crisis, you will be able to fall back upon this ally bank for guidance and support. 

4. Prioritize your responsibilities 

No matter what your role or the time of the year is, not everything can be as important. Assess what is critical and feasible from the point of view of your plans and resources, and maintain a confident focus on them. Say 'no' to tasks beyond your current priorities and explain why. 

5. Maintain a strong track record of success 

Despite the current stress, do your best to succeed in your assigned tasks. Build and maintain a strong track record of success. Even if the underlying stress is responsible for it, failure will only add to your stress. Break out of this vicious circle even before it forms, and do not let anything compromise the quality of your work. 

6. Delegate certain tasks 

Delegate what others can do as good as or even better than you. Delegating not only reduces your work clutter, so that you can now go on to focus on more important things, but also improves others' perception of you as a leader or manager. 

"The biggest advantage of working in the corporate world is the ability to work in a team. A great team player shares the concerns and deadlines with the team and also delegates the responsibilities. This not only takes off the burden, but ensures a better result and hence enhanced productivity. Hence stop taking all the load yourself. Share the load and the recognition," advises Alok Bansal, Founder CEO, Alethia Education Services. 

7. D-stress yourself
Long breaths and de-cluttering your work area unknowingly reduce stress level to a great extent. Further, a positive attitude, ability to see opportunities in every situation and a good night sleep are a few factors to keep you motivated at work, without freaking out on accounts of increasing pressure.
Besides, "creating a backup of your work, going with the flow, holding on to the faith by unwinding occasionally give you much-needed space, instead of working like a machine," says Kaistha of Planman Consulting. 

You also need to practice stress coping techniques. For instance, "go for tea break. Have lunch with a peer. Read an article on your industry or competitors. In fact, taking your mind off your issues at work from time to time can help you feel more relaxed and hopeful," says Arora. 

8. Communicate your problem 

If you judge it to be wise, communicate your problem to the person who could be responsible for it or help you fix it. Getting a second perspective can substantially clarify your problem, and help you see the right action to take. 

"Talking out your difference of opinions with a boss or colleague can at times be a positive step towards reducing the friction between both of you," says Arora. 

9. Develop yourself 

Stress, all said and done, is relative. What is stressful to one may not trouble another. If your capabilities and attitude are stronger than your stressors, then you will not complain of stress, even if your circumstances are slow to change. 

"In addition to applying different practices and techniques to cope with your stress, your most important weapon against it is - YOU. If you develop yourself at all levels - technically and behaviourally - you can become bigger than your stress," says Arora. 

10. Have a back-up plan 

What is your back up plan if you do not succeed in your current role, or cannot keep your job? A lot of our 'stress' is our mental and physical response to the fear of what might happen if our current plan fails. 

Having a back-up plan can help you allay those fears to a large extent. It helps you accept and be at peace with what you will do if, despite giving your best, your current efforts fail.

Source:-The Economic Times

UIDAI launches Aadhaar based Iris Authentication, eKYC, One Time PIN New Services and Permanent Enrollment Centres

Developing on its vision of “Empowering residents of India with a unique identity and a digital platform to authenticate anytime, anywhere”, the Unique Identification Authority of India (UIDAI) today unveiled three new Aadhaar-Enabled Services and announced the establishment of first set of permanent enrolment centres (Aadhaar Kendras). The services that were launched today are Authentication services using Iris, Authentication service using One Time Pin and eKYC (Electronic- Know Your Customer) service.
Launching the services, Deputy Chairman of the Planning Commission, Shri Montek Singh Ahluwalia said, “The Aadhaar authentication and eKYC services launched today will give a boost to the use of the Aadhaar identity platform for authenticating the identity of people. This is a transformational initiative, and I am sure the Aam Aadmi will start reaping the benefits of the Aadhaar project in the near future.”
Authentication and eKYC services of UIDAI will help residents avail benefits of Aadhaar-linked services and give public/private entities an economical, secure and flexible mode of verifying user identity.
Underlining the key role these services will play in the future, Shri Nandan Nilekani, Chairman UIDAI said, “This is a major step in the direction of enabling Aadhaar holders to avail various services by using the Aadhaar identity platform. It also makes sense for various user agencies (public or private) as they can identify a beneficiary/customer using a fast, secure, economical and paperless format.”
a. Authentication service using Iris:  Residents will be able to authenticate identity for availing Aadhaar-enabled services by providing a combination of Aadhaar number + Iris image
b. Authentication service using One Time Pin (OTP): Residents will be able to authenticate identity for availing Aadhaar-enabled services by providing a combination of Aadhaar number + One Time Pin, received on their registered mobile number
c. eKYC service: Electronic verification of resident’s identity & address at his request and/or with his consent. Paperless, secure and economical.
d. Aadhaar Kendra (Permanent Enrolment Centre): Permanent enrolment Centres will facilitate enrolment of residents left out during the camps organized by the Registrars in the past. The centres will also serve as Update Centres - both for biometric and demographic update.
Aadhaar Iris Authenticationis a process wherein Aadhaar number, along with the resident’s Iris Image is submitted to UIDAI’s Central Identities Data Repository (CIDR) for verification; the CIDR verifies whether the Iris data submitted matches the Iris data available in CIDR, which had been collected during enrolment, andresponds with a “yes/no” reply.
Iris-based authentication of residents is a state-of-the-art authentication service which enables an Aadhaar holder to identify himself/herself using the Iris image. The service can be availed of by all those who have an Aadhaar number including the old, blind and those who may have undergone cataract surgery. India is the first country in the world to offer a public Iris Authentication platform and enablement of Iris Authentication for about 350 million residents, who currently hold Aadhaar numbers. This is indeed a ground-breaking technology and service development. UIDAI has conducted proof of concept (PoC) exercises involving Iris technology and concluded that more than 99% of residents could be reliably authenticated.
Aadhaar One Time Pin (OTP) Authentication:  The OTP service enables Aadhaar based authentication of all residents who registered a mobile telephone at the time of enrolment or subsequent updation. With Aadhaar OTP, residents will be able to authenticate themselves using their mobile telephone anytime, anywhere on a self service mode without having to use biometric  authentication device, which requires assisted service.
OTP authentication is a two-step process involving the mobile of a resident. In the first step a request for OTP, against an Aadhaar, is sent to UIDAI’s Central Identities Data Repository (CIDR). In response, CIDR sends a newly generated random OTP on the resident’s mobile/email. In the second step Aadhaar number, along with OTP is submitted to CIDR for verification; the CIDR verifies whether the OTP data submitted matches the generated OTP data available in CIDR andresponds with a “yes/no” reply.
User agencies that take advantage of Aadhaar authentication can use OTP to provide a single factor authentication, or in combination with biometrics to achieve a two factor authentication. This would offer higher flexibility to Authentication User Agencies in terms of deploying appropriate modality based on factors like demographics, service delivery platform and/or domain security requirements.
eKYC: The eKYC service offered by UIDAI will enable individuals to authorise service providers to receive electronic copy of their proof of identity and address. This is a first of its kind service, on any public platform. The service makes KYC instantaneous, totally secure and paperless while enhancing privacy of data. It brings business efficiency and opens doors to innovative service provision in a manner never experienced before on a comparable scale.
eKYC service can be deployed by different agencies to verify a resident’s identity and address. Only DEMOGRAPHIC information (Name, Address, Date of Birth, Gender, Photograph & Mobile Number) that is collected during Aadhaar enrolment will be shared, at the request of, and/or with the consent of the Aadhaar number holder.
Permanent Enrolment Centre: Aadhaar Kendras or Permanent enrolment Centres will facilitate the enrolment of residents left out during the camps organized by the Registrars in the past. They would also serve as Update Centres – for resident who wish to update biometric or demographic data.
Aadhaar Kendras will be located in the Common Services Centres, government buildings in block/mandal/tehsil/municipal ward office or in the official premises of the Registrar or such premises as may be expressly approved by the Registrars. Residents can also seek information about their Aadhaar generation status or get e-Aadhaar printed at these centres.
Registrars may choose to charge a convenience fee not exceeding Rs.10 for printing e-Aadhaar letter and Rs.15 for update requests. Aadhaar Enabled Service Delivery is currently or will soon be linked to various government schemes such as MNREGA wage payments, PDS distribution, payment of social security benefits such as old-age payments, distribution of LPG subsidy etc. Currently over 400 million residents have enrolled for an Aadhaar number, while about 350 million Aadhaar numbers have been issued.

Source:-PIB

Filling up the posts of Postmaster Grade-lll in Post Offices in Postal Gircles.

To view Department of Posts Letter No.04-28/2013-SPB-II please Click Here.

Inter-Circle temporary,transfer policy guidelines

To view Department of Posts Letter No. 141-26/2013-SPB-ll dated 14th May, 2013 please Click Here.

Issue of Due Mail & Sorting List consequent upon implementation of Redesigned Network for First Class and Second Class mail under MailNetwork Optimization Project (MNOP).

To view Department of Posts, Mail Business Division OM No. 30-7 /2012-D dated 13/5/2013 please Click Here

HOW TO FILE AN RTI APPLICATION

An RTI application can be made on a sheet of plain paper and can have any number of questions. It should be addressed to the public information officer of the department or organisation concerned. Rs.10/- should be paid as application fee by cash or through postal order, court fee stamp or demand draft. Questions should be direct and leave no room for the information officer to give vague replies. Information officer has to reply within 30 days of receipt of the application, failing which he is liable to a fine of 250 per day. Appeal can be filed with the head of the department in which the application was filed, if the information officer fails to reply within the deadline. Second appeal can be filed before the central or state information commission if applicant is not satisfied with the replies.

According to Section 2(f) of the RTI Act, information means any material in any form, including records, documents, memos, e-mails , press releases, circulars, contracts, samples, models, data held in any electronic form and information relating to any private body which can be accessed by a public authority under any other law in force. 

Taxable income of over Rs 5 lakh? Be ready to file I-T returns online

If you are used to the old-fashioned pen on the paper form of filing annual tax returns, you are going to have a bit of a problem this year. Earlier this month, the Income TaxDepartment issued a notification making e-filing mandatory for those with a taxable income of over Rs 5 lakh. This means that if you are not IT-savvy , it's time to brush up your technical skills. 

After all, July 31 — the last date for filing the return — is not too far away. However, you don't have to fret about it as the process is not as tedious as it is imagined to be. Once you follow a few simple steps and avoid the common mistakes , you could be through in a couple of hours. Also, you have some time on hand, as all the new forms are yet to be released. "Only ITR 1 (Form Sahaj) and ITR 4S (Form Sugam) have been released for e-filing ," informs Vaibhav Sankla , director with tax consultancy firm H&R Block. 

Keep preceding year's return filed at hand 

Before you start filing your return, ensure that you have a copy of last year's return filed as well as the Form 16 issued by your employer on your desk. It will help you quickly refer to the figures and other details required while completing the form. Next, you should register yourself on the I-T Department's website (www.incometaxindiaefiling .gov.in) and create an account. 

Select the appropriate tax return form 

While this may sound elementary, the fact is that many tax-payers make this mistake quite often. This year in particular, you need to take additional care as the tax return form you had chosen last year may not be applicable now. "Most taxpayers would now be required to use Form ITR 2 to file their taxes. This is because those having tax exempt income of more than Rs 5,000 cannot file their taxes in Form ITR 1 (that is Form Sahaj). Most salaried individuals are in receipt of several tax exempt allowances such as conveyance allowance, house rent allowance (HRA), leave travel allowance, etc, the total of which easily exceeds Rs 5,000 for a year," explains Sankla. 

Check your tax credit statement 

Next, you need to figure out whether taxes deducted by your employer are reflecting in this form. "You should verify tax credits by viewing the Form 26AS downloaded from the e-filing portal," says Sonu Iyer, tax partner and national leader, human capital services, Ernst & Young. The website www.incometaxindiaefiling .gov.in facilitates viewing of the Form 26AS of the tax payer.

"The income and the details of the taxes deducted, advance tax or selfassessment tax paid should be taken into consideration while e-filing the return of income. This will ensure correct issuance of refund and avoid additional tax demands due to proper tax credits not being granted ," says Suresh Surana, founder, RSM Astute Consulting. 

Don't ignore other income sources 

Salaried individuals often choose to rely solely on their Form 16 for filing return, not realising that their income from other sources, too, is taxable. "This is a common mistake. Taxpayers do not include their income such as interest on savings bank deposits , fixed deposits, National Savings Certificate (NSC) and bonds while computing their tax liability.

Such income, even if minuscule in nature, is subject to income tax. Dividend received from co-operative banks is not exempt from tax and is required to be shown in the return of income. It should be ensured that the income aforesaid is included in your ITR form and taxes applicable are paid before e-filing of the return ," says Surana. 

Don't deviate from your pan and details 

Filling up the form meticulously may be a tedious exercise, but it will save you a lot of trouble later. Make sure you double-check to ensure that your ITR form mirrors the information mentioned on your PAN. "While e-filing the return, the taxpayer should ensure that the personal details mentioned in the ITR matches with the date as per the records with theIncome Tax Department . This is because any discrepancy may derail the processing of the returns done from the Central Processing Centres (CPCs)," says Surana.

Similarly, enter your bank account details correctly. "For faster credit of income-tax refunds, correct bank account number and IFSC code in the Income-tax return should be mentioned. In case of any mistake in IFSC code or bank account number, the refund will not be credited," says Iyer of E&Y. 

Don't leave the process incomplete 

Remember, your task doesn't end once you complete the return-filing process online. Unless, of course, you have obtained a digital signature (DS), that makes the entire process paper-free . Others have to send a signed copy of the ITR-V —acknowledgement form generated after e-filing is completed online — to CPC (central processing unit), Bangalore.

It should reach CPC by ordinary or speed post within 120 days from the date of uploading your return. If you choose to send the form via courier services, it will not be accepted. "It is only when signed copy of the ITR-V is received at CPC-Bengaluru that the return is treated as legally filed. It should be ensured that the document mailed to CPC is signed in original and in blue ink only," informs Surana.

Source:-The Economic Times

Restructuring of the Income Tax Department

The Union Cabinet on 23/5/2013 approved the proposal for creation of 20,751 additional posts in the Income Tax Department in various cadres that is 1349 additional posts in the IRS cadre and 19,402 additional posts in the non-IRS cadres. This will help the Income Tax Department collect increased revenue and provide better tax payers services. 

An additional expenditure of Rs. 449.71 crore per annum is likely to be incurred on creation of additional posts and upgradation of some existing posts. This additional expenditure would be more than compensated by the increased revenue of more than Rs. 25,000 crore per annum proposed to be generated as a result of this exercise.

Source:-PIB

Grant of one increment in pre-revised pay scale - OM dated 19.03.2013 - clarification

To view Ministry of Finance (Department of Expenditure) OM No.1/1/2008-IC dated 22/5/2013 please  Click Here.

Thursday, May 23, 2013

Shashi Kant Sharma sworn in as the new CAG

Shashi Kant Sharma was today sworn in as CAG by President Pranab Mukherjee in the Rashtrapati Bhavan here.

The 61-year old 1976 Bihar cadre IAS officer replaced Vinod Rai, who superannuated yesterday after a five-and-a-half year eventful tenure as the head of the Comptroller and Auditor General of India (CAG).

"Shashi Kant Sharma will have a tenure up to September 24, 2017," an official statement said.

Source:-PTI