Wednesday, March 26, 2014

Union Lodge Protest Against Opening Of Banks On Holidays

All Officers’ Organisations will be compelled to resort to any trade union steps including boycott in protest



 ALL INDIA BANK OFFICERS' ASSOCIATION


ALL INDIA BANK OFFICERS' CONFEDERATION (AIBOC)
ALL  INDIA  BANK  OFFICERS'  ASSOCIATION (AIBOA)
INDIAN NATIONAL BANK OFFICERS' CONGRESS (INBOC)
NATIONAL ORGANISATION OF BANK OFFICERS (NOBO)
                                                                                                                                                                                                                                     26th March,2014.
The Chairman,
Indian Banks Association,
MUMBAI.

Sir,

       REG: SPECIAL TAX COLLECTION DRIVE 
BY GOVERNMENT OF INDIATHROUGH BANKS.
Kindly refer to our earlier communication dated 
24th March, 2014 with regard to opening of Bank 
branches on Saturday the 29th, March, Sunday 
the 30th of March and again on Monday 
the 31st of March, 2014, a declared holiday 
under NI Act. on account of Ugadi/New Year 
day celebrations in many states.

While adopting the “No Work No Pay” principle on 
the strike days, including the recent TWO  days 
strike on 10th and 11th February, 2014, demanding 
a meaningful wage revision for the Bank Officers 
and wage parity with similarly placed Officers 
elsewhere, profitability was shown as a major 
reason for not meeting our demands as per
 our charter, submitted.

We have informed you in detail, the enormous expenses/losses,
 the Banks are making in keeping the branches and 
Offices open for relatively a small number of tax payers 
by extending the deadlines every year. It has also 
become a practice to ‘reward’/facilitate 
procrastinators vis-à-vis the disciplined law abiding 
tax payers, at an enormous outflow from the exchequer, 
adopting an unfair labour practice of compelling 
the Bank employees to  over work, when they are 
already overburdened with the year end work, 
leading to exploitation of labour in the commercial Banks.

Under the circumstances and in absence of any 
favourable response from your end, all Officers’ Organisations 
will be compelled to resort to any trade union steps 
including boycott in protest, which please note.

Yours Faithfully,


  (HARVINDER SINGH)      (S.NAGARAJAN)               (K.K.NAIR)                       Dr.S.U.DESHPANDE

  GENERAL SECRETARY  GENERAL SECRETARY   GENERAL SECRETARY   GENERAL SECRETARY

   (AIBOC)                           (AIBOA)                             (INBOC)                           (NOBO)

Copy to: Sh. M.V. Tanksale,   Chief Executive Officer, IBA




Banks and RBI to facilitate tax payments


-Business Standard
       The Reserve Bank of India, with a view to providing greater convenience to tax payers, has decided that all designated branches of agency banks and RBI offices conducting government business will keep their counters open on Saturday and Monday till 8 pm. This arrangement will apply where March 31 has not been declared a public holiday. The facility of electronic transactions would, however, continue till midnight on March 31.

In order to facilitate government receipts, necessary arrangements have also been made to conduct special clearing operations across the country. Centralised payment systems, such as, Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) will also be operational on these three days.

3 comments:

  1. As per Press Release dated 27-03-2014 of MOF -

    QUOTE
    In order to facilitate the payment of taxes by the tax-payers before the close of the Financial Year 2013-14, the Reserve Bank of India (RBI) has decided on request of Central Board of Direct Taxes (CBDT) that all agency banks shall keep open the counters of their designated branches conducting Government Business on Saturday, March 29, 2014. The said counters shall remain open for extended hours till 8.00 pm.

    At locations where Monday, March 31, 2014 has not been declared as a public holiday, the said counters shall remain open for extended hours till 8.00 pm.

    Further, on Sunday, March 30, 2014, agency banks will keep select branches open at key locations as a regular working day for transacting Government Business.

    Similarly, on Monday, March 31, 2014, at places where public holiday has been declared, the same select branches shall remain open as a regular working day for transacting Government Business.

    All electronic transactions would, however, continue till midnight on March 31, 2014.

    UNQUOTE
    1. So, on Saturday (29th) branches handling govt business will function up to 08-00 PM.

    2. On Sunday (30th). select branches at key locations will remain open for the same purpose and the timings will be as per a regular working day (It means only select branches, at key locations only and no extended hours).

    3. At places where there is no public holiday for Telugu, Kannada and Marathi new year, the bank branches handling govt business will remain open until 08-00 PM (which means the holiday will remain as it is in states where holiday under N I Act has already been declared and staff will not be asked to come to the office).

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