Sunday, July 23, 2017

Kurnool District Cooperative Central Bank Recruitment of Staff Assistants / Clerks

Kurnool District Cooperative Central Bank (DCCB), announce 62  posts for Staff Assistants / Clerks, for these posts desired and eligible candidates are invited online application.

Total Post :
 62 

Name of Post : Staff Assistants / Clerks 

Education Qualification : Candidates who have completed Bachelor Degree or equivalent from a recognized Institute are Eligible to apply Kurnool DCCB Recruitment 2017.

Age Limit : 18 to 30 Years As on 01-06-2017. Age relaxations will be applicable as per the rules. 

Pay Scale : Rs. 11,765 - 30,305/- Per Month

Application Fee :
Sl. No.
Category
Fee Prescribed for
Direct Recruitment
In service Candidates of PACS
1.
SC / ST / PC / EXS (application fee + intimation charges)
Rs.350/-
Rs.250/-
2.
OC/BC (application fee + intimation charges)
Rs.600/-
Rs.500/

Selection Process :
 Eligible candidates will be selected based on the performance in online test & interview.

How to Apply : All Eligible and Interested candidates may fill the online application through official website http://www.kurnooldccb.com before or on 1st August 2017.

Important Dates
Application Online Start : 15 July, 2017 
Last Date for Registration : 01 August, 2017 
Last Date Fee Payment : 01 August, 2017 

Important Links
Download Notification : Click Here 
Apply Online : http://ibps.sifyitest.com/kdccbscjul17/
Official Website : http://www.kurnooldccb.com

Reserve Bank of India Recruitment of Legal Consultant

Applications are invited for filling up the following vacancies:
  1. Legal Consultant (Grade F): 02 Posts
    Qualification (As on 01/07/17): i) Bachelor’s Degree in Law recognised by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/ years; and Post Graduate Degree in Law.
    Experience: 15 years
    Age (As on 01/07/17): Between 45 years and 55 years. 
  2. Legal Consultant (Grade C/D): 03 Posts
    Qualification (As on 01/07/17): i) Bachelor’s Degree in Law recognised by the Bar Council of India for the purpose of enrollment as an Advocate with a minimum of 50% marks or equivalent in the aggregate of all semesters/ years. ii) Post Graduate Degree in Law.
    Experience: 07 years
    Age (As on 01/07/17): Between 30 years and 40 years.

Application Fee: Rs.100/- for SC/ ST/ PWD category candidates and Rs.600/- for GEN/ OBC category candidates. 

How to Apply: Candidates can apply online only.

Last Date: August 11, 2017

For more details, please visit: https://opportunities.rbi.org.in/Scripts/bs_
viewcontent.aspx?Id=3380
 

SSC RECRUITMENT OF SCIENTIFIC ASSISTANTS

Staff Selection Commission (SSC), announce recruitment of 1102 vacant posts for Scientific Assistant.

Total Post : 1102 

Name of Post : Scientific Assistant 

Education Qualification : Candidates should have done Graduation Degree / Diploma or its equivalent qualification from a recognized university. 

Age Limit : 30 Years As on 04-08-2017. Age relaxations will be applicable as per the rules. 

Pay Scale :  Rs.9300-34800 with Grade Pay Rs.4200/-

Application Fee :
 General/OBC : Rs.100/- All Other Candidates (ST/SC/Women/PWD) Application Fee : Nil

Selection Process : Candidates will be selected based on applicants performance in computer based exam.

How to Apply : All Eligible and Interested candidates may fill the online application through official website http://www.ssc.nic.in before or on 4th August 2017.

Important Dates:
Application Online Start : 18 July, 2017 
Last Date for Registration : 04 August, 2017 

Important Links
Download Notification : Click Here and Download 
Apply Online : Click Here 
Official Website : http://www.ssc.nic.in

Tuesday, July 11, 2017

Staff Selection Commission Stenographer Grade C & D Exam 2017

Staff Selection Commission (SSC) has announced a notification to conduct Stenographer Grade C & D Examination-2017 for the recruitment of Stenographer vacancies. 

Name of the Post: Stenographer


Educational Qualification: Candidates should have passed 12th Standard or equivalent from a recognized Board or University.


Age Limit: Candidates age should be 18-27 years as on 01-08-2017. 


How to Apply: Eligible candidates may apply online through the website.


Selection Process: Candidates will be selected based on computer based written exam & skill test.


Last Date to Apply Online: 15.07.2017.
Date for Payment of Fee: 18.07.2017
Date of Computer Based Examination: 04.09.2017 - 07.09.2017.


For Detailed Notification Click Here

For Online Application Click Here

IBPS Recruitment of Probationary Officer/ Management Trainee posts

Institute of Banking Personnel Selection(IBPS) invites applications for online examination (Preliminary and Main) for the next Common Recruitment Process for selection of personnel for Probationary Officer/ Management Trainee posts in the Participating Organisations(CWE PO/ MT-VII) is tentatively scheduled in October/ November 2017.

Vacancies:

1. Allahabad Bank: 447 Posts
2. Andhra Bank: 200 Posts
3. Bank of India: 200 Posts
4. Canara Bank: 900 Posts
5. Central Bank of India: 200 Posts
6. Oriental Bank of Commerce: 300 Posts
7. Punjab National Bank: 400 Posts
8. Punjab & Sind Bank: 100 Posts
9. Union Bank of India: 400 Posts
10. United Bank of India: 100 Posts
Total No. of Posts: 3247


Education Qualification : Candidates who have completed Any Degree or equivalent from a recognized Institute are Eligible to apply IBPS Recruitment 2017

Age Limit : 20 to 30 years As on 01.07.2017 .Age of Relaxation is Applicable 5 years For SC/ST candidates ,3 years For OBC Candidates & 10 years For PWD Candidates.


Pay Scale : Rs.23700-42020/- Per Month


Application Fee :
 General/OBC : Rs.600/- All Other Candidates (ST/SC/PWD) Application Fee : Rs.100/-


Selection Process : The candidates will be selected on the basis of Online Preliminary Examination, Main Examination and Personal Interview.


How to Apply : Candidates have to apply online through IBPS website http://www.ibps.in/ between 06.08.2017 to 26.08.2017.

Important Dates

Application Online Start : 06 August, 2017 
Last Date for Registration : 26 August, 2017 
Last Date Fee Payment : 26 August, 2017 

Important Links
Download Notification : Click Here 
Apply Online : http://www.ibps.in/Apply 
Official Website : http://www.ibps.in

Sunday, July 2, 2017

Goods and Services Tax (GST)

GST is a unified taxation system which would end multiple taxation across the states and create a level playing field for businesses throughout the country, much like the developed nations. It is a multi-stage destination-based tax which will be collected at every stage, starting from procuring the raw material to selling the final product. The credit of taxes paid at the previous stage(s) will be available for set-off at the next stage of supply. Being destination or a consumption based, the GST will also end multiple taxes levied by Centre and the State Governments like Central Excise, Service Tax, VAT, Central Sales Tax, Octroi, Entry Tax, Luxury Tax and Entertainment Tax etc.  This will lower the overall tax burden on the consumer and will benefit the industry through better cash flows and working capital management. Currently, 17 State and Central levies are being applied on goods as they move from one State to the other.

BENEFITS

Different estimates peg the net advantage to the Gross Domestic Product, up to two percentage points.  The GST regime is also expected to result in better tax compliance, thereby increasing its revenue and narrowing the Budget deficit. All the imported goods will be charged Integrated Goods & Services Tax (IGST) which is equivalent to the Central GST + State GST. This will bring equality with taxation on local products.

Mainly, there will be three types of taxes under the GST regime: Central Goods and Services Tax (CGST), State (or Union Territory) Goods and Services Tax (SGST) and Integrated Goods and Services Tax (IGST). Tax levied by the Centre on intra-State supply of goods or services would be called the CGST and that to be levied by the States and Union Territories(UTs) would be called the SGST respectively. The IGST would be levied and collected by the Centre on inter-State supply of goods and services. Four supplementary legislations approving these taxes, namely the Central GST Bill, the Integrated GST Bill, The GST (Compensation to States) Bill, and the Union Territory GST Bill were passed by the Lok Sabha in May this year, making the realisation of 1st July, 2017 deadline a reality.

All the matters related to the GST are dealt upon by the GST Council headed by the Union Finance Minister while all the State Finance Ministers are its Members. The GST Council also has a provision to adjudicate disputes arising out of its recommendation or implementation thereof.

TAX RATES

The GST Council has fixed four broad tax slabs under the new GST system - 5 per cent, 12 per cent, 18 per cent and 28 per cent. On top of the highest slab, there is a cess on luxury and demerit goods to compensate the States for revenue loss in the first five years of GST implementation. Most of the goods and services have been listed under the four slabs, but a few like gold and rough diamonds have exclusive tax rates. Also, some items have been exempted from taxation. The essential items have been kept in the lowest tax bracket, whereas luxury goods and tobacco products will invite higher tax.

17-YEAR-LONG WAIT

Many countries in the world switched to a unified taxation system very early. France was the first country to do so in 1954 and many others followed, some by implementing GST and others by using a different form of Value Added Tax (VAT). In India, the discussion on GST started in the year 2000, in the NDA Government led by the former Prime Minister, Shri Atal Bihari Vajpayee. Finally, after 17 years of consensus building, 101st Constitution Amendment Bill was passed by Parliament in 2016. The States had apprehension of reduction in their revenue and their desire to keep some lucrative goods out of the GST baskets like alcohol, petroleum and real estate among others.

IMPACT ON CONSUMERS

From agarbattis (incense sticks) to luxury cars - all these goods will be taxed under different slabs. Movie tickets costing less than Rs 100 have been kept in the 18% GST slab while those over Rs 100 will attract 28% tax under GST. Tobacco products have been kept under a higher tax bracket. Industries such as textiles and, gems and jewellery are subject to a GST rate of 5%

The Government has shown its strong determination and stuck to implementing the GST with effect from 1st July, 2017. The road ahead would require a lot of resolve by the implementing agencies like the Goods and Services Network, states and the industry.    To sail through initial hiccups and successfully steer the ship of the economy, the Government needs to show the same determination and courage. A bold initiative like GST taken for the welfare of the country must lead to a grand success.