SEBI Recruitment 2020 Apply Online 147 Grade A Officers | Last date 31st October 2020

SEBI Grade A Officer Recruitment 2020 Apply Online for 147 Officer Vacancies Closing date is 31st October 2020: Securities and Exchange Board of India (SEBI) invites online applications from eligible interested candidates for recruitment of Officer Grade A (Assistant Manager) - General, Legal, Information Technology , Engineering , Research and Official Language Stream 2020. The online Registration process will be start from 7th May 2020 and scheduled to be end on 31st May 2020. The closing date has been extended up to 31st July 2020 due to COVID-19 Outbreak. Again, The SEBI Officer Jobs 2020 online registration will be close on 31st October 2020.

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SEBI Recruitment of Officer Grade A (Assistant Manager) - General, Legal, Information Technology , Engineering , Research and Official Language Stream 2020

Name of Post	Total Vacancies
Officer Grade A (Assistant Manager)	147

✅ Stream wise Vacancies: General - 80, Legal - 34, Information Technology - 22, Engineering (Civil) - 01, Engineering (Electrical) - 04, Research - 05, Official Language – 01.

✅ Age Limit: A candidate must not have exceeded the age of 30 years as on 29th February 2020. Age relaxation as per Govt. rules.

✅ Pay Scale: ₹ 28150 - 1550(4) - 34350 - 1750(7) - 46600 - EB - 1750(4) - 53600 - 2000(1) - 55600 (17 years)

✅ Educational Qualification:

✔️ General:

(1) Masters Degree in any discipline (OR)
(2) Bachelor's Degree in Law (OR)
(3) Bachelor's Degree in Engineering (OR)
(4) Chartered Accountant (OR)
(5) Company Secretary (OR)
(6) Chartered Financial Analyst (OR)
(7) Cost & Work Accountant.

✔️ Legal:

(1) Bachelor's Degree in Law.

✔️ Information Technology:

(1) Graduate in engineering (electrical/ electronics/ electronics and communication/ information technology/ computer science) (OR)
(2) Masters in Computers Application (OR)
(3) Graduate in any discipline with post graduate qualification (minimum 2 years duration) in computers/ information technology.

✔️ Engineering (Civil):

(1) Bachelor's Degree in Civil Engineering.

✔️ Engineering (Electrical):

(1) Bachelor's Degree in Electrical Engineering.

✅ Selection Process: Online Examination – Multiple Choice Questions (Phase I and Phase II) and Interview.

✅ Application Fee (A Non Refundable):

✔️ For General (UR) and OBC Category: ₹ 1000/-
✔️ For SC / ST / PwBD Category: ₹ 100/-
✔️ The fee should be made through Online payment mode.

✅ How to Apply: The Online registration of the application will be made through SEBI Online portal. The closing date for registration should be extended up to 31/10/2020 due to India Lockdown for COVID-19 (Coronavirus) Pandemic.

✅ Important dates:

✔️ Last date for registration of online application: 31/10/2020
✔️ Last date for editing application details: 31/10/2020
✔️ Last date for printing your application: 15/11/2020
✔️ Online Fee Payment: 31/10/2020
✔️ Phase I Online Examination: will announced later
✔️ Phase II Online Examination: will announced later.

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Why do People Criticize ICICI Bank PO Program?

 I hope I will be the right person to provide the answer for this question.

I am also an ICICI PO Program alumni. But, currently I am not with ICICI.

Let's go to the answer and few reasons before you proceeding to your decisions.

ICICI Bank PO program conduct the exam two to three times a year and definite 4 batches will be getting trained in a year at ICICI Manipal Academy, Bangalore.

Whomsoever completing the batch they will be posted across PAN India in any department in the bank as a Probationary officer with Salary average as 15000 to 19000 (as per location varies). Later successful completion of probation period they will be designated as deputy manager with the revised package as mentioned in offer letter.

First Reason

In this program maximum probationary officers will be posted in sales domain rarely people would get posting in back office operations.

Second Reason

Probationary officers may feel the paid salary is very low. Because the loan amount for the PO program will be debited in the salary directly.

Third Reason

Probationary officers will not be having option for choice of department or location transfer for an minimum two years.

Last but not least.

Fourth Reason

Probationary officers may not be comfortable with daily whatsapp update, daily morning huddles, monthly sales pressure and reporting managers.

It’s the view observed from lot of my co-workers.

I finally suggest to extisting Probotionary Officers and New joinees. Whereever you are update yourself with the multiple regulatory courses, banking knowledge and behaviourial skills for sustaining in this corporate world especially in Banking Industry

With Care
Rajthilak Ramalingam
Seasonal and Certified Banker.

Precautions and Overview towards Taxation on LTCG

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I am Rajthilak certified banking professional like to give a insight and suggestion towards Taxation on LTCG - Long Term Capital Gain and Equities.

As for as new budget is concerned and the implication of majority investors thoughts. I like to project some of the areas where investors would have to consider.

View:
From a personal savings and investment perspective, the restoration of long-term capital gains tax on equity income is a huge change.

From February 1 onwards, selling stocks or equity mutual funds that you have held for the long term will mean paying taxes on gains accrued since the market closing of January 31. If, in a year, you realise more than Rs 1 lakh of such gains, then 10.04% of that (including cess) has to be paid as tax.

So far, so good. You might resent this tax or you may console yourself that it's at least a lot less than the 30% income tax slab you are on. If that's what you think, you may be getting ahead of yourself.

This tax could cost you a lot more than 10%. Even though the government will get 10% of your returns, you could actually lose 30 or 40% or even more of your returns, depending on how you invest. That's bad news, but the good news lies in the phrase 'depending on how you invest.' You can limit these losses if you understand what's going on and make tactical changes to your investing approach. There are three ways of reducing this massive hidden impact of the capital gains tax.

The first is obvious: don't buy and sell frequently. Choose all-weather stocks that will stand the test of time so that your holding period is long. The enhancement in your eventual returns will be huge.

The second is to invest in mutual fundsinstead of buying and selling equity directly. A mutual fund investor can get the same returns but needs to buy and sell much less frequently. The trading is done inside the fund's portfolio by the fund manager. However, as long as the investor holds on to the fund, there is no taxable event.

The third method is marginally usefuland would take some understanding and work. Since Rs 1 lakh of gains every year are tax free, at the end of every year, you could sell investments that would generate that much returns and immediately buy them again. It would save Rs 10,000 a year, which would of course compound in the future.

Side effects
There are other side effects of this tax too. For example, most investors think that tax-saving (ELSS) fund investments are completely tax-free, including the returns thus generated. This may not be true anymore, subject to the `1 lakh limit.

Those fund investors who are entirely dependent on advice given by fund distributors inevitably have a high churn rate in their investments. In the new tax regime, this will be even more harmful to your eventual returns. All things considered, the introduction of even a 10% tax gives investors a lot to understand and adjust. We've been unused to this since 2005, but must re-adjust now.

#Invest wisely to protect your hard earned money#

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