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MEMORANDUM TO CHAIRMAN BY G N SRIDHARAN TODAY

  DEAR ALL LIC PENSIONERS & FAMILY PENSIONERS Today (30/3) a team of our Federation had a meeting with  ED(P) and other top management officials in CO and  submitted  a memorandum on issues not involved in the litigation.  Copy of the same is attached. Further details will follow in a couple of days. With Greetings, GNSridharan  Gen.Secy  Fedn of Retd. LIC class1 officers' Assns MEMORANDUM MEMORANDUM TO CHAIRMAN  TODAY  BY  G N SRIDHARAN. CLICK HERE 

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JEEVAN PRAMAN FOR EXISTING PENSIONERS.

Southern Zonal Office Chennai writes to all pensioners on DIGITAL LIFE CERTIFICATE...JEEVAN PRAMAN IN PURSUANCE OF THE GOI INITIATION OF IMPLEMENTING THE PROCEDURE OF AADHAR BASED BIOMETRIC DIGITAL LIFE CERTIFICATE JEEVAN PRAMAN FOR PENSIONERS /FAMILY PENSIONERS , IT IS PROPOSED TO INTRODUCE THE SYSTEM FOR OBTAINING EXISTENCE CERTIFICATE FOR PENSION DISBURSEMENT THIS PROPOSED SYSTEM WILL BE AN ADDITIONAL OPTION AND THE CURRENT SYSTEM OF PHYSICAL SUBMISSION OF EXISTENCE CERTIFICATE WILL CONTINUE TO BE AVAILABLE.  AS THE PROPOSED SYSTEM ENVISAGES BIO METRIC AUTHENTICATION, WE REQUEST TO SEND US A COPY OF YOUR AADHAR CARD ALONG WITH DULY FILLED ENCLOSED FORMAT FOR UPDATION OF OUR PENSION DATA BASE WHICH WILL ENABLE THE ROLL OUT OF JEEVAN PRAMAN. SD. MANAGER OS / SZO. ENCLOSED FORMAT INCLUDES A DECLARATION BY THE PENSIONER. "I SUBMIT MY ABOVE AADHAR NUMBER AND VOLUNTARILY GIVE MY CONSENT TO SEED MY AADHAAR NUMBER ISSUED BY UIDAI IN MY NAME WITH MY AFORESAID PE

10 Important Changes in Income Tax from 1.4.2017

During the Union Budget 2017-18, Finance Minister Arun Jaitley had proposed several changes to personal income tax and also introduced some amendments in the Finance Bill. Last Wednesday, the Lok Sabha completed the budgetary exercise for the next financial year, and cleared the Finance Bill. Also, the amendments introduced in the Finance Bill was also passed by the Lok Sabha. Beginning 1 April, 2017, here are the 10 important income-tax changes that tax payers need to take note of: 1) For employees in the yearly income group between Rs 2.5 and Rs 5 lakh, tax rate has been halved to 5 percent from the existing 10 percent, helping them save tax of up to Rs 12,500 a year, according to  The Economic Times . A tax saving of Rs 14,806 a year, including surcharge and cess, will be available for income above Rs 1 crore a year. And for people whose taxable income is between Rs 5 lakh and Rs 50 lakh, tax savings amount to Rs 12,900. Finance Minister Arun Jaitley. PTI file photo. 3)

G N S informs

I have been receiving enquiries on the report of the Court having called for LIC’s rejoinder to a particular written submission. I have responded to them as follows: 1)       The Court, in their last proceedings, had allowed (all) parties to file written submission within 10 days, and LIC also have the right to do so. 2)      Our counsel confirms that our written submission had duly been provided to LIC’s counsel. 3)      To our knowledge as well based on info from our Counsel, there is neither a procedure to file a rejoinder to a written submission, nor there is something unique as reported; our Counsel prefers not to comment on the reported info. 4)      The rest is left to our members to conclude 5)      As for the statement that the 'judge is writing the judgement' we are verifying the matter, and let our members know the progress as soon as we get to know. With Greetings, GNSridharan  Gen.Secy Fedn of Retd. LIC class1 officers' Assns