Wish You All A Happy New Year

WISH YOU ALL A HAPPY NEW YEAR

                2012

LET US ALWAYS REMEMBER

ON THIS DAY

Calculate your Income Tax

Just three days for the  New Year to born and it is time to calculate your income tax and plan for necessary savings.

Please visit

http://www.gconnect.in/personal-income-tax/gconnect-income-tax-calculator-for-2011-12-a-year-2012-13.html

where every thing is as simple as possible.

Our sincere thanks to Sri D.D. Mistry for sharing the information.

ஞானோதயம்!

When we did not join the strike on 15/12, we told the issues related directly to the staff are not included and hence our decision not to strike. Now those who struck work now realise it. Read what NFTE Vellore says:

From www.nftevellore.org dated 27-12-2011

December 15th Strike: In Vellore SSA, over 750 BSNL employees have participated in the strike of which about 70 are Executives. More than 250 employees were on leave. Others were on duty.

From what had been discussed with the CMD on the day of strike by the JAC leaders and in the meeting with the CLC, one can very well understand that the only demand of the strike was repatriation of ITS officers. The other demands like No VRS, 78.2% IDA merger, Bonus, etc were given least or nil importance.

The JAC meets today and may again give a call for strike with the sole aim of achieving this single demand but camouflage it with many other attractive demands. Time for us to ponder whether to lose our salary by joining such a strike.

15 டிசம்பரில் வேலைநிறுத்தம் செய்த JAC ஊழியர் பிரச்சினைகளான 78.2% IDA Merger, VRS, போனஸ் போன்ற ஊழியர் பிரச்சினைகளைப் பற்றி, நிர்வாகத்திடம் பேவில்லையாம். ITS அதிகாரிகள் பிரச்சினை மட்டுமே பிஎஸ்என்எல் நிர்வாகம் மற்றும் லேபர் கமிஷனர் ஆகியோரிடம் பேசப்பட்டதாம். ஒரு நாள் ஊதியம் போனதுதான் மிச்சமாம். அதிகாரிகள் சங்கங்கள் ஊழியர்களைத் தங்களுக்கு சாதகமாக வேலைநிறுத்தம் செய்ய வைத்து தங்களுக்கு எது லாபமோ அதை நிறைவேற்றிக்கொள்ள மீண்டும் ஊழியர்களை வேலைநிறுத்தம் செய்யத் தூண்டலாமாம். வேலைநிறுத்தத்தில் பங்கேற்று சம்பளத்தை இழக்க வேண்டுமா?

கேட்பது வேலைநிறத்தத்தில் பங்கேற்ற என்எப்டீஈ வேலூர் மாவட்ட சங்கம்!

MOU with Canara Bank for extending various Loan schemes

BSNL Corporate Office signed  MOU with Canara Bank for extending various Loan schemes to BSNL employees. The details are furnished in the annexure.


BHARAT SANCTIAR NIGAM LIMITEI)
(A Govt. of India Enterprise)
CORPORATE OFFICE (Banking Finance Division)
5" 'Floor .B haratS ar rchaBr havan.H ar ishC handraM athur Lane
Janpath New Delhi -I 10001

No:-I -9lBBF/StafLf oanll0-I I

To
Dated:19-12-2011
All Circles' IFA

Sub: MOU Signed with Canara Bank for extending various Loan Schemes to BSNL
Employees.

MOu with Canara Bank for extending various loans to BSNL employees has
beens ignedo n 8t l 'Dec2 011.T he generatle rmsa ndc ondi t ionsa reg i veni n Annexure- l l
of MOU andt he rateso f i r r teresltb r thev ar iousl oansa reg iven in annexure- l l lo f MOU
A copy of the agreementh as been placedo n oLl ri nt ranets i te wr ,vw. int ranet .bsnl .co. in
underh eadD i rector( Fin) ands ub-headB Lrdee&t FinanceC ont rol .

E,ncl:C opy of agreernent

The Asstt. General Manager,
House, 6 Bhaewan Dass Road,
CanaraB ank,R etailA ssetsH ub,S arojini
New Delhi -1 I 0001, for informat iopnl ease.
Copy to:

BSNL rings in VRS, hoping to wipe out losses in three years

Expects the scheme to lead to Rs 2,400-cr savings annually

Hyderabad, Dec. 16: 

Faced with a severe financial crunch and stuck with losses of Rs 6,000 crore this financial year as well, Bharat Sanchar Nigam Limited (BSNL) is pinning its hopes on a VRS (voluntary retirement scheme) plan to improve its balance-sheet, despite strong protests from employees.

While it will pay out Rs 4,000 crore towards the scheme, BSNL expects the Government to pay Rs 12,000 crore as one-time compensation payments under the VRS. The VRS is expected to result in savings of Rs 2,400 crore annually, ringing in savings of 16 per cent in the wage bill.

This is one of the strategies for BSNL to improve its financial position and wipe out losses in the next three years.

“We are confident that losses will be maintained at Rs 6,000 crore or less this financial year,” said Mr Rakesh K. Upadhyay, Chairman and Managing Director, BSNL. BSNL incurred a loss of Rs 6,000 crore in 2010-11.

Mr Upadhyay ruled out plans of going in for a public issue or a merger with MTNL. He was here on Friday to launch the ‘Choose Your Mobile Number' scheme that allows users to pick a number of choice by using the BSNL Web site, sending an SMS or going to a retailer. It pops up lots of 10 numbers each from a pool of one lakh numbers.

Seeks spectrum fee return

BSNL has asked the Government to return BWA (Broadband Wireless Access) spectrum fee of Rs 6,000 crore and compensation for operating in areas that are not commercially viable. It has also asked the Government to allow it to use its vast land-bank in prime areas (that it acquired from the pre-BSNL days) to start public-private partnerships earn get additional revenues. For now, it plans to start tapping the land it bought in the post-BSNL era.

BSNL's plan to offer VRS to about one-third (or one lakh) of its employees has triggered protests from employees, who allege that it was ITS (Indian Telecom Services) officers who were responsible for the decline in the organisation's fortunes.

Business Line 17/12/2011