The Government Business Department (GBD) oversees the handling of government business undertaken by our branches as sub-agent of Reserve Bank of India. It is a co-ordinating agency between the branches dealing in Central / State Government transactions and Reserve Bank of India, CAS, Nagpur, on the one hand and Accounting Authorities of Department of Central / State Government on the other.
All authorised dealing/receiving branches report their state/Central Government transactions on a daily basis to their respective focal/nodal/link branches by way of electronic strings / FAX who consolidate and report to link office Nagpur The main function of Link office Nagpur is to settle Central Government transactions reported by nodal/focal/link branches with RBI, CAS, Nagpur.
Central Government transactions
All Central Government transactions are under Focal Point /Link Branch system. Under the Focal Point system, the branches dealing in Government transactions report their transactions to the respective Focal Point Branches. Focal Point Branches have been identified at a centre where Pay & Accounts Office (PAO) of the concerned Ministry/Department is established. All the branches handling the transactions of a particular PAO report their transactions to the identified Focal Point Branch for that PAO. These Focal
CENTRALISED PENSION PROCESSING CENTER (CPPC)
The State Bank of Patiala has centralised the payment of pension across all CBS Branches. This has been possible with the creation of a Centralised Pension Processing Cell (CPPC) at Patiala to calculate, at a centralised level, the amount of pension payable to all pensioners drawing their pension from State Bank of Patiala.
The CPPC credits pension to individual customer accounts through Link/Focal Point Branches/Branches through ftp. if all formalities, and obtention of mandatory certificates such as life certificate, non-employment certificate are complete.
All changes in Pension payment parameters including arrears of DA etc are also done centrally and arrears calculated by the CPPC.
Timely and accurate payment of pension is assured.
SIGNIFICANT BENEFITS ARE AVAILABLE TO THE PENSIONER
All processes are automated, and the pensioner gets timely and accurate payment of pension within the time specified by the Government (e.g., first date of the month for State Govt. pensioners). Delays on account of de-centralisation due to delays in receipt of instructions from the Pension Paying Authority on D.A revision, payment and /or restoration of commutation etc. and in calculation thereof are now eliminated.
(FAQ) CENTRALISED PENSION PROCESSING CENTER
1. Can any pensioner draw his/her pension from SBP?
Ans: Yes, a pensioner can draw his/her pension from a SBP branch if he/ she is a Central/State Govt. employee or Autonomous body which has arrangement for pension payment with our Bank.
2. What should a retiring person do to draw his/her pension from a SBP branch?
Ans: The retiring person should open an account with a SBP branch and advise this account number and branch to the concerned Pension Sanctioning Authority for release of his/her pension.
3. What should a retiring person, who already draws his/ her pension from a branch of another Bank, do to draw pension from a SBP branch?
Ans: The pensioner should open an account with a convenient SBP Branch and request his/ her existing banker to send the pension papers to the SBP branch through the Govt. authorities.
4. What types of pensions are handled by CPPC?
Ans: All type of pensions - Central Govt., State Govt. etc., which involve processing, payment and maintenance of PPOs at branch level are handled by CPPC. Payment of pension in respect of specific autonomous bodies is also handled, where specifically agreed.
5. Where will the Pensioner open his/her pension account?
Ans: The pensioner will open his/her SB/CA account at the branch of his/ her choice/ convenience (Home Branch) as hitherto.
6. Which office/ branch will the pensioner approach to complete formalities connected with commencement of his/her pension?
Ans: The pensioner will continue to complete all the pension related formalities such as submission of mandatory undertakings for recovery of overpayment etc at his/her Home Branch.
7. When will the payment of pension commence in case of new PPOs?
Ans: The payment of pension, in respect of PPOs received at Focal Point Branch up to one week before last date of a month, will normally commence from the same month.
8. When will the arrears get paid?
Ans: Payment of arrears, on account of revision of pension etc., received at CPPC up to one week before last date of a month, will normally be made along with monthly pension.
9. When should life certificate be submitted?
Ans: As per Govt. instructions, life certificate, duly witnessed, should be submitted to the Pension Paying Branch in November each year.
10.What will happen if life certificate is not submitted in the month of November?
Ans: If life certificate is not submitted in the month of November of a year, payment of pension for November and onwards is not be paid to the pensioner, in accordance with the instructions of the Govt..
11. If life certificate is submitted in a subsequent month, when will pension for November and onwards get paid?
Ans: Once life certificate is keyed in the Pension System, pension will get paid within a week’s status.
12. If the pensioner has a query or requires clarification on the amount of pension paid, what should he/she do?
Ans: The pensioner should approach the Pension Paying Branch CPPC Patiala for resolution and help. The Pension Paying Branch will attend to it, with on-line help from the CPPC.
13. If the pensioner wants details of pension paid during a financial year or Pension Payment Slip, whom should he/she approach?
Ans: These details for a year would be provided to the Pensioner by the Pension Paying Branch by obtaining the details from the CPPC Patiala.
14. Where should the pensioner submit his/her life certificate?
Ans: The pensioner should submit his/her life certificate at his/her Pension Payment Branch Branch only.
15. Where should a pensioner submit details of investment for claiming relief from Income Tax?
Ans: The pensioner should submit these details at the Pension Paying Branch. The certificate giving details of Income Tax deducted from pension will also be issued by the Pension Paying Branch only.
16. In case of Family Pension, which office should the dependants approach?
Ans: The Home Branch through which pension had been paid to the pensioner will be the contact point in the case of Family Pension also.
17. Which office will the customer approach for grievance resolution?
Ans: The pensioner’s grievance will be resolved at the Pension paying Branch. On-line help from CPPC will be available to the branch. The pensioner is not required to approach CPPC directly.
|SBP e-tax : Online Tax Payment Facility|
|Welcome to SBP e-tax, an online tax payment facility that saves time is convenient, hassle free and paperless. It is available on a 24x7 basis and enables you to pay taxes online. Pay Direct/Indirect taxes through SBP e-tax and relax. Here is the customer-friendly procedure:|
|For Direct Tax
payment through SBP
Step 1: Visit www.onlinesbp.com and Click on "SBP e-tax".
Step 2: Select Direct Taxes (OLTAS)".
Step 3: Select Challan Type.
Step 4: Enter Challan Details.
Step 5: Confirm Assessee details and Select State Bank of Patiala.
Step 6: Log onto www.onlinesbp.co.in with Username and Password.
Step 7: Enter tax details.
Step 8: Confirm payment details.
Step 9: Print Instant Cyber Receipt and logout.
|For Indirect Tax
payment through SBP
e-tax (Central Excise
and Service Tax):
Step 1: Visit www.onlinesbp.co.in and click "SBP e-tax".
Step 2: Select "Indirect Taxes (CBEC)".
Step 3: Login with Corporate Internet Banking Username and Password.
Step 4: Fill the Assessee Code provided by CBEC
Step 5: Select minor head, fill the amount of tax/ educationcessto be paid
Step 6: Enter Transaction Password & click on Make e- cheque
Step 7: Note e-pay order number.
Step 8: Authorizer to log in with Username & Password.
Step 9: Click on View Inbox and select Txn. you want to authorize.
Step10: Print or save the Instant Cyber Receipt. Two copies of duly authenticated Challan will be delivered to your doorstep.
PUBLIC PROVIDENT FUND
PUBLIC PROVIDENT FUND - 1968
Scheme introduced by Central Government in 1968. The Scheme enables the members of the public to make contributions to the Fund and obtain Income Tax rebate under the relevant provisions of the Income Tax.