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Wednesday, 20 September 2017

SLP of SHRI KML ASTHANA TENTATIVELY LISTED FOR HEARING ON 03.10. 2017 [REPEAT POST 18.09.2017]

Diary No.- 26729 - 2017
KRISHNA MURARI LAL ASTHANA vs. LIFE INSURANCE CORPORATION OF INDIA
Diary No.
26729/2017 Filed on 25-08-2017 05:14 PM
PENDING
  [Tentative SECTION:XIV]
Case No.
SLP(C) No.
Present/Last Listed On
Status/StagePENDING (Motion Hearing 
[ORDERS (INCOMPLETE MATTERS / IAs / CRLMPs)])
Tentatively case may be listed on (likely to be listed on)03-10-2017 (Computer generated)
Category0601-Service Matters : Retiral benefits
Act
Petitioner(s)
  1 KRISHNA MURARI LAL ASTHANA S/D/W/Thru:- LATE SHRI R.S.L. ASTHANA
  B-52, SHREE KRISHNA HOMES, KANAK VINDVAN, GANDHI PATH (WEST), JAIPUR , Jaipur , RAJASTHAN
Links to this post

Our Legal Battle

Dear Sh Prakasarao, 
Thank you very much for your email below elaborating and analysing in depth as to where we stand as of now, what have been the faults at different levels, and what could be further course of action by the case managers in view of some new and pertinent facts brought out by you besides my earlier submissions. Let's pray for good sense to prevail and hope the matured and learned leadership of all the Petitioners Associations will review pragmatically and seriously on the present status & scope of SLPs in SC, and what further course of action could be adopted taking into account our observations and analysis.
I am endorsing a copy of this email to  RK SAHNI BLOG SPOT & LIC PENSIONS CHRONICLE also.
With best wishes and regards to all.
H K Aggarwal.

Sent from my Superphone

20 Sep 2017 1:44 p.m. wrote on Prakasarao Rao <prakasarao1942@gmail.com>:
Dear Sir,

I have seen UR writeup. I am afraid that U are highly apprehensive 
of the out come at the S.C over our SLPS. You have correctly 
assessed the mood of the  S.C which committed our case to DHC.
DHC  taking  q from the S.C observations did great damage to our
issue   Now all the case managers filed seperate S.L.PS .The case
managers did not care to inform the pensioners  about the contents
of S.L.Ps  to effectively Counter D.H.C  and other  valid points for the
appreciation of the S.C , which may  motivate  the S.C to undo the 
Injustice meted out to the pensioners and the family pensioners
 by the L.I.C and the G.O.I.So as  U observed it is the Burden of the
Case Managers  to convince the Apex Court to see the foul play of 
the L.I.C and the G.O.I and how they are flouting our Pension Rules.

The case managers  failed to ask for a review of the S.C order 31-3-2016. The S.C held that the Board can not take decissions with regard to the matters which are in the domain of the rule making Authority.It was also observed  that as per rule 55 Chairman can not issue instructions that travel beyond Rules..(Para 15 of the S.C order). 
Here the POINT  is whether the Board took a DECISION or made
a recommendation to the G.O.I for Approval . Now  Million Dollar Qestion is  whether the G.O.I is  Rule Bound to give its approval or 
simply keep quite.
As per Rule 55A (power to relax)  whenever  matters are brought to
the Notice of the G.O.I  for removal hardships  and inconsistencies 
the G.O.I has to act on the recommendations  to remove such 
hardships.SO THE GOI SHOULD HAVE APPROVED THE RESOLUTION.
Another Important point  u raised AMENDMENT  TO RULES as 
opined by the S.C that  only G.O.I has the authority as per Sec.48.
Our case managers failed miserably  to high light the Notification   
G.E 553 Dt. 22-6-2000.As per this  the G.O.I empowered the 
Corporation to AMEND  the Rules 36,37,39  .So who can amend 
these rules after June 2000.ONLY L.I.C  BECAUSE THE G.O.I 
DELEGATED THE  AMENDING  POWER TO L.I.C.Now is amendment  amounts to RULE. What happened in 2001 .

L.I.C  understood that  Rule 37 , Annexure IV  PARA 3A. GAVE RAISE TO ANOMOLY  in that pre AUG 1997  Pensioners  used to get D/R 
WITH TAPERING EFFECT, WHERE AS THEIR JUNIORS  post Aug
1997  are paid  D/R at 100% neutralisation  as is being enjoyed by the in service employees. The office note of the E.D EXPLAINED THIS 
ASPECT  PROPOSED TO REMOVE THE DISCRIMINATION OR 
THE HARDSHIP . ULTIMATELY  THE BOARD RESOLVED.NOW 
THE PARA 3 A OF ANNEXURE  IV  BENEFIT i.e 100% D/R SHALL
BE EXTENDED TO THE PRE AUG.1997 PENSIONERS. HOW TO DO  AMEND  PARA 3A SUITABLY WHO CAN AMEND .THE G.O.I OR 
L.I.C . in view of Notification of June 2000 CORPORATION  is empowered to amend .But not the G.O.I.
Yet the Board  sought the approval the G.O.I  As per rule 55A G.O.I
should have approved the Resolution , because the RULE IS A STATUTORY  RULE. BY KEEPING QUITE  THE GOVT VIOLATED 
THE RULE  RESULTING IN DENIAL OF BENEFIT TO THE PENSIONERS. SO MUCH SO THE PENSIONERS RESORTED TO 
LEGAL ACTION. 

Had our Case Managers  explained to Justice Mishra  would not 
have held the Resolution as invalid in law. Board is authorised to 
amend  RULE 37. 

Another  important  aspect  the case managers  missed to protest 
is the  setting aside of the judgments of H.Cs at Rajastan ,Chandigarh ,
and Delhi. Justice Mishra  observed that Chandigarh and Delhi H.C S
did not deal with the issues but only relied on the single judge orders
of Rajastan. Further he observed  that the Single Judge of Rajastan 
gave the orders SIMPLY RELYING ON THE CONCESSION GIVEN BY THE COUNSEL OF THE G.O.I. This is far from the TRUTH and 
amounting passing disparging remarks on the Learned Judges of THEREE HIGH COURTS. (para 22) 

But Justice Mishra recorded  in para12  the observations  of the Divn.
Bench of Rajastan H.C .Here L.I.C RAISED THE ARGUMENTS CITING  Sec. 48 and 49 of the L.I.C Act.THE BENCH COMMENTED 
HAVING PASSED THE RESOLUTION TO REMOVE DISPARITIES AND DISCRIMINATION OUGHT NOT TO HAVE COME IN FOR APPEAL .D.B VIEWED THAT IT IS FOR THE G.O.I TO DISPUTE 
THE RESOLUTION AND CAN APPEAL IN THE MATTER. BUT G.O.I 
DIDNOT APPEAL .SO IT AMOUNTS TO APPROVAL AND FURTHER 
THEIR PLEADER MADE A CATEGORICAL STATEMENT AND THE GOI DID NOT APPEAL ON THIS SCORE ALSO. SO MUCH SO D.B
DISMISSED THE LIC APPEAL  . IN THE REVIEW ALSO LIC LOST.

BUT Justice Mishra ignored  all that happened at Rajastan  and relied on  the plea of the addl soliciter general that single judge relied only on
the concession given by the counsel for GOI. VERY STRANGE .

So our case managers missed the bus and the BUS went D.H.C where we lost the earlier advantage.. NAKARA CASE not applicable . CCSRULES 1972 not applicable. No comparison with  Govt. Employees . HEAVY COST . ETC.

In this connection we may recall  that  Justice Singhvi  refused 
to grant stay on the cases at Rjastan ,Chandigarh , and Delhi. He
 dismissed the SLP of LIC however permitted to resubmit it and also
condoned the delay. The GOVT. ALTHROUGH KEPT QUITE 
EXHIBITING  INDIFFERENCE TO OUR CASE.

kINDLY go through para 26 of S,C Order which expressed some 
sympathy to the pensioners.We must encash it. So also we must 
take advantage of the view expressed by the Human Rights Commisssion.which declared the pension as a Human Right , 
Constitutional right and property right.We must study  Rul 56
and take advantage of it.Recently  S.C FULL BENCH DISMISSED
A CURATIVE PETITION FILED BY L,I,C  ON THE ABSORPTION 
TEMPORARY EMPLOYEES  WHERE COST ASPECT GIVEN GO BY. tHERE MANY INSTANCES  WHERE LIC  GRANTED  BENEFITS 
TO EMPLOYEES WITHOUT  INVOKING SEC.48.

WE PURCHASED OUR PENSION  BY FOREGOING OUR P,F
CONTRIBUTION .CAN INVOKE  CONSUMER PROTECTION 
ACT PROVISIONS  FOR DELAY AND DEFFICIENCY  AND 
FOR NOT ACTING AS PER PENSION RULES.

CAN WE MOBILISE ALL THE PENSIONERS ORGANISATIONS
AND OUR IN SERVICE  EMPLOYEES ORGANISATIONS FOR 
HELPING US . CAN WE ALSO MOBILISE THE BANKS,RBI PENSIONERS ALONG WITH THEIR EMPLOYEES ORGANISATIONS
TO FIGHT UNITEDLY  AGAINST THE  FINANCE MINISTRY .
I MAY BE EXCUSED IF I TAKEN MUCH OF UR TIME .MAY EXPECT UR COMMENTS ON MY SUBMISSIONS. I WISH U TAKE UP THE POINTS BY OUR CASE MANAGERS EVEN NOW  TO BENEFIT US.

WITH REGARDS 
V.S.PRAKASARAO
VISAKHAPATNAM  
CELL 9441066338    prakasarao1942@gmail.com 

Global Crude oil price of Indian Basket was US$ 54.76 per bbl on 19.09.2017

Press Information Bureau 
Government of India
Ministry of Petroleum & Natural Gas
20-September-2017 11:30 IST

Global Crude oil price of Indian Basket was US$ 54.76 per bbl on 19.09.2017 

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 54.76 per barrel (bbl) on 19.09.2017. This was higher than the price of US$ 54.69 per bbl on previous publishing day of 18.09.2017.

In rupee terms, the price of Indian Basket increased to Rs. 3514.18 per bbl on 19.09.2017 as compared to Rs. 3502.08 per bbl on 18.09.2017. Rupee closed weaker at Rs. 64.18 per US$ on 19.09.2017 as compared to Rs. 64.04 per US$ on 18.09.2017. The table below gives details in this regard:

Particulars

Unit

Price on September 19,  2017 (Previous trading day i.e. 18.09.2017)

Crude Oil (Indian Basket)

($/bbl)

             54.76           (54.69)

(Rs/bbl)

            3514.18        (3502.08)

Exchange Rate

(Rs/$)

             64.18           (64.04)

 

KM/SA Daily Crude Oil Price       

 

 

Photo from P Ramanathan

First Pension Adalat inauguration, Launching of Mobile App of Pensioners Portal & Award for outstanding contribution towards 'Anubhav'

First Pension Adalat inauguration, Launching of Mobile App of Pensioners Portal & Award for outstanding contribution towards 'Anubhav': Dr Jitendra Singh to inaugurate first ‘Pension Adalat’ tomorrow Pensioners for outstanding contribution towards ‘Anubhav’ to be awarded Mobile App to avail the services of Pensioners’ Portal also to be launched

HALF YEARLY INCOME TAX RETURN IN NEAR FUTURE ?

HALF YEARLY INCOME TAX RETURN IN NEAR FUTURE ?: Income tax rates, Service Tax, Pan verification, HRA, EPF, 80C,80D, Tax Tips, ITR, TDS rates ,challan, Tax calculator ETDS return, India, capital gain

Google Tez App: How to Use and Early Takeaways


Google Tez App, the Internet search giant's first UPI-enabled digital payments app was launched in India this week. The app is aimed at catering to an audience looking for digital payment solutions. Currently, if you need a UPI app, you can choose between popular apps like Paytm, PhonePe, the NPCI's BHIM app, and a range of UPI apps from different banks in the country.

With so many already available in the market, should you shift to the Google Tez app? Here's a breakdown of the Google Tez app, from what it can to do, to how to use it, and our take on its capabilities.

The Google Tez app is is a medium to facilitate bank transactions between the sender and the receiver. It isn't a digital wallet service like Paytm, but is instead like other UPI apps, such as PhonePe. One of the interesting new features from the tech giant is "Cash Mode" which can be used to send money without details of the recipient. Typically, without the other person's ID, or phone number, you have to scan their QR code, so this is a simple and easy to use feature that could be used in place or QR codes.

On Android, the Google Tez app's download size is pretty low at 8MB, but it is still large compared to PhonePe (4.26MB) and BHIM (2.99MB). The app expands to over 20MB on the phone after installation, a size that shouldn't cause much of an issue.

Pretty reasonable. On iOS, it's significantly bigger, with a download size up to 54.6MB. When setting up the app, users are shown a language selection first and you can choose between local languages like Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu among others. Post the language selection, it asks you for your mobile number that is paired with your bank account – you are then asked to provide permissions. We also found that the Tez app links this to the Google account signed into the phone, on both Android as well as iOS. You do have the option to link a different account, but a Google account is mandatory for the app to work.

Once you enter the number, and are verified by an SMS OTP, you are given the option to set up a Google PIN or use the current screen lock method on the phone. You are then asked to select your bank from a list to link it for UPI transactions. If you haven't set up UPI for that bank account previously, the Google Tez app will guide you to get it done. On the other hand if you have enabled UPI on the account, it will ask for the existing UPI PIN – which can also be reset via OTP, in case you've forgotten it.

Tez then creates a VPA using the name in your email ID. While most other apps give you the option to choose the VPA, Tez does not have the option. The VPA created for you is based on the partnerships Google has at the time of launch (Axis Bank, HFDC, ICICI, and SBI). For instance, using a Kotak Mahindra account we were assigned a "@okaxis" VPA, but pairing it with an ICICI account resulted in an "okicici" VPA. When trying out the app, we did face difficulties when adding the bank account in Tez, though a couple of tries seemed to solve the issue. After these steps are complete, you're good to go.

The first screen when the Google Tez loads up is pretty basic, has offers limited functionality when compared to PhonePe and BHIM. PhonePe gives you additional options like paying your utility bills through the app, while BHIM has simpler Send, Request, and Scan & Pay options – the last being for QR codes, in case you don't want to share your ID with the other person.

Making payments using the Google Tez app is easy, as it needs just a tap to select the recipient. The app also lists other Tez users from your phonebook for a faster process. Apart from Tez users, you can also add recipients using their bank account numbers and IFSC codes to transfer money, or send money via a UPI ID, QR code, or phone number. In case a contact has already been created, clicking on it will open the transaction log with that contact, and you can easily pay or request money using this feature.

We tried transacting using the app and it worked without a hitch, though there were a few hiccups soon after launch on Monday – something Google explained to us was due to unprecedented surge in interest.

Swiping down on the first screen in the Google Tez app will give you access to "Cash Mode", which lets you transfer money without having the recipient's phone number or needing to share your own – useful in the case of transactions at a shop or another business. For this, the user transmits audio using Google's Audio QR (AQR) technology to identify the recipients phone near you. We tried this feature and it worked as advertised even in a noisy environment. But we must say that it took longer than expected.

To incentivise Tez app, Google is offering users Rs. 51 for referring new users to use the app. After the referred individual makes their first payment, both users will get the amounts credited to their bank accounts.

Apart from this, using Tez to transfer money (Rs. 50 and above) awards both the sender and the recipient Google Tez Scratch Cards, with one scratch card per week for the sender-recipient pair. Scratch card gives user the chance to earn up to Rs. 1,000, which is transferred back to the respective bank account.

We received Rs. 69 for a Rs. 100 transaction which was instantly credited to the bank account. You can earn a maximum of 10 rewards per week, up to a total of Rs. 9,000 per financial year. There are two types of Google Tez Scratch Cards.

The blue ones are awarded to both sender and recipient, while one red 'Lucky Sunday's card is awarded to the sender once per week. This red Google Tez Scratch Card is locked until each Sunday, and users will be able to scratch it for a chance to win up to Rs. 1 lakh – as per Google.

After the initial hiccups the Google Tez app seems to be working reliably. The app works as expected and the Cash Mode feature does look promising. However in comparison, the PhonePe app looks more useful as it lets you pay your utility bills and other stuff. But if basic money transfer is what you need, the BHIM app still works just fine.

THOUGHT OF THE DAY FW ERI BOI FROM ZEE NEWS

Thought Of The Day!!
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Regards, E.R.Iyer

Tuesday, 19 September 2017

Voluntary Reporting of Estimated Current Income and Advance Tax Liability

Press Information Bureau 
Government of India
Ministry of Finance

19-September-2017 17:09 IST
Voluntary Reporting of Estimated Current Income and Advance Tax Liability 

A taxpayer who is liable to discharge part of its tax liability by way of advance tax has to bear additional burden of interest for default of advance tax, in case total advance tax paid for the year falls short of the assessed tax by ten percent or more. This interest is levied as per the provisions of section 234B of the Income-tax Act, 1961("the Act"). Such taxpayers are further liable to pay interest for deferment of advance tax, in case any quarterly instalment of advance tax paid falls short of the prescribed percentage of total advance tax paid. This interest is levied in accordance with the provisions of section 234C of the Act.
 
It is of utmost importance for such taxpayers to arrive at a reasonably accurate estimate of their current income and advance tax liability, so that the additional burden on account of interest for default/deferment of advance tax can be avoided.
 
Needless to say, a continuous flow of tax revenues throughout the year is critical for the Government so as to meet various budgetary allocations such as welfare schemes, infrastructure development, defence expenditure etc. A reliable and advance estimate of tax revenues for the year would also provide much needed perspective for planning and prioritizing the Government expenditure.
 
            In order to address these concerns, it is proposed to create a mechanism for self-reporting of estimates of current income, tax payments and advance tax liability by certain taxpayers (companies and tax audit cases) on voluntary compliance basis. The proposed reporting mechanism is sought to be created by way of inserting a new Rule 39A and Form No. 28AA in the Income-tax Rules, 1962. The proposed draft notification has been placed in public domain on the website of Income Tax Department (www.incometaxindia.gov.in) for inviting comments from stakeholders and general public.The comments and suggestions on the draft Rule and Form may be sent electronically at the email address dirtpl4@nic.in by 29th September, 2017.
 
 
 
*****
DSM/SBS/KA

  

M-Aadhaar is valid now for Railway Travel – Proof of Identity for Rail Travel

M-Aadhaar is valid now for Railway Travel – Ministry of Railways permits m-Aadhar as one of the prescribed proofs of Identity for Rail Travel Purpose.

Press Information Bureau

Government of India

Ministry of Railways

13-September-2017 16:34 IST

Ministry of Railways permits m-Aadhar as one of the prescribed proofs of Identity for Rail Travel Purpose.

Ministry of Railways has decided to permit m- Aadhar (Aadhar card on mobile app namely m- Aadhar launched by UIDAI) as one of the prescribed proofs of Identity for Rail Travel purpose in any reserved class.

m-Aadhar is a mobile app launched by UIDAI on which a person can download his/her Aadhar Card. It can be done only on the mobile number to which Aadhar has been linked. For showing Aadhar, the person has to open the app and enter his/ her password to show the Aadhar Card.

m-Aadhar when shown by the passenger on his/her mobile after entering the password should be accepted as proof of identity for undertaking journey in any reserved class over Indian Railways. It is effective from 8th September 2017.

Download m-Aadhar – Proof of Identity for Rail Travel

Google Tez App:

8 Things You Should Know About the New Digital Payments App

Google Tez app has joined the ranks of digital payments apps in India with the launch on Monday. With already established players like PayTM, PhonePe, and the official app BHIM, the Google Tez app has its work cut out. This isn't a digital wallet service like PayTM, but uses your bank account to send and receive money. One of the unique features included in Google Tez app is "Cash Mode" which helps you send money without needing the recipient's number or QR codes, instead using an audio matching system. If you are curious about the app, and considering signing up for it, here are 8 things you need to know about the Google Tez app:

Google Tez App1. The Google Tez app is available on Android as well as iOS, and supports various local languages, including Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu. To register, it asks for your mobile number associated with your bank accounts to set up the app. You are given a list of banks to select from.

2. Once you have entered your phone number, the app sends an SMS from your number to the bank to get UPI access. It creates a fresh UPI ID for you and links it to the Google account. On Android, the Google Account is selected by default as the one used on your phone, but you can change the ID by logging into the other account; the ID will be linked to one Google Account only. On iPhone, users are prompted to sign into their Google Accounts manually.

3. Google Tez app creates a new UPI ID, or VPA, by picking up the name from the Gmail ID. We got a @okaxis UPI account when setting it up with a Kotak account (that's because Google hasn't tied up with Kotak for back-end processing) , but were assigned an @okicici UPI account when setting up with ICICI (it has tied up with ICICI). You can't use your existing VPA with Google Tez app if you have one.

4. If UPI is already enabled on that bank account you will be prompted to enter the UPI PIN. The account will be set up after this step, and is ready to use.

5. To keep the Google Tez app secure you have the option of locking it down with your fingerprint on devices with a fingerprint scanner or using a PIN for the app. While you do have the option to keep the same PIN as screen unlock, we will strongly recommend that you set up a different PIN.

6. Sending money using the app is fairly easy, you can tap in the payments tab. It lists all the contacts in your phone book with Google Tez app in one go. Apart from that you have the option to enter Account Number + IFSC details, UPI ID, Scan QR code, or Tez User Phone Number. You can make and receive payments from businesses as well.

7. A new feature called Cash Mode is available in Google Tez app that lets you transfer money without having the recipient's phone number. To do this, it transmits audio using Google's QR Technology to identify the recipients phone near you. We tried this feature and it worked as advertised even in a noisy environment, though we must add that it took longer than we expected.

8. To incentivise Tez app, Google is offering users Rs. 51 for referring new users to use the app. After a referral both people will get the money added to their bank accounts. Apart from this, using the app to transfer money (Rs. 50 and above) awards both the sender and the recipient Google Tez Scratch Cards, with one scratch card per week for the sender-recipient. Scratch card gives user the chance to earn up to Rs. 1,000, which is transferred back to bank account. Users can earn a maximum of 10 rewards per week, up to a total of Rs. 9,000 per financial year. There are two types of Google Tez Scratch Cards. The blue ones are awarded to both sender and recipient, while one red 'Lucky Sundays' is awarded to the sender only once per week. This red Google Tez Scratch Card is locked until the Sunday, and users will be able to scratch it for a chance to win up to Rs. 1 lakh, Google said.

Unfortunate Demise of Mr D M Yusuf

I received a SMS  message from Mr Afroz,youngest son of Mr D M Yusuf informing me that Mr Yusuf passed away on 18/9/2017  at 10 A M and the cremation will be held at 4 PM  on 19/9/2017.This is yet another shocking news close on the heels of  death of two other  members of our Hyderabad Association within the last 3 months. Mr Yusuf faced the tragedy of death of his wife less than a year ago.  All that we can do at this moment of grief is to pray for the departed soul to Rest In Peace.    Mr Afroz can be contacted in his mobile no 9391906985.    Mournfully yours,  C H Mahadevan


THOUGHT OF THE DAY FW ERI BOI FROM ZEE NEWS

Thought Of The Day!!
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Regards, E.R.Iyer

Monday, 18 September 2017

AIIPA CENTRAL COMMITTEE MEETING - HISTORIC DECISIONS (Part II)

Circular No : 21/2017 Date : 18th September 2017 
Dear Comrades,
AIIPA CENTRAL COMMITTEE MEETING - HISTORIC DECISIONS (Part II)
In our earlier circular, we had delineated on the happenings in the legal front. After giving 
rapt attention to the points made out on Court Cases, the Central Committee had the advantage of 
listening to the leaders from AIIEA.
The Central Committee had the privilege of presence of leaders of AIIEA, Com. Amanulla Khan, President, Com.V.Ramesh, General Secretary, Com.K.V.V.S.N.Raju, Vice President and Com.B.S.Ravi, Treasurer and Com.Clement Xavier Das, General Secretary,SCZIEF .
During the debate, Com.Amanulla Khan intervened to highlight the political and social scenario, the challenges for the industry, the tasks before the working class and perception for the future.Com. Amanulla Khan said the situation in the country was nebulous and there were attempts to divide the society on the basis of caste and religion, to stifle the voices of dissent, moves for disinvestment of public sector general insurance, moves to stem the growth of the insurance industry with higher rate of GST that was a discouragement for New Business Growth and the 
backbone of Indian economy, Agriculture was in distress. 
Focussing on the industry, Com.Amanulla Khan said, though Premium Income of LIC was 
on a high, much of these had come from Group Insurance and Annuity policies and there was perceptible stagnation in number of policies with New Business and Outgoes being almost equal and in General Insurance, the market share was just about 50%.
Talking about the Pension Scheme, he told that, with increased longevity and lower interest 
rates, Annuity Purchase Price was going up, that major chunk of the Pension Fund belonged to the 
in-service pension optees, numbering about 88,000. Speaking about the implications of the 
judgement, Com.Amanulla Khan said rejection of argument on violation of Article (21) had a 
political overtone with the judgement decreeing that Pension of Rs.13,000 was not deemed to be violation, as there were many with lesser income. He said, while the Supreme Court had expanded 
the scope of Article (21) to include right to livelihood, right to dignity, right to health, right to education etc., such a verdict has been given by Delhi High Court.
While dealing with a recent case decided by the Apex Court, he said while the Government tried to project right to privacy was not a fundamental right, the unanimous judgement of the nine Judge Bench has upheld it to be a fundamental right and that was wenlcome development.

Dwelling on the Parliamentary Committee Report on RBI Pension Regulations, Com.Amanulla Khan stated that the Government has not accepted the Recommendations and it by was not uncommon. He cited the cases of non-release of Ex-Gratia in LIC for two years and non-
implementation of Five- day week, though both the LIC Board and Government had approved before the offer was made. 
The President of AIIEA exhorted the Pensioners that even as the social atmosphere appeared to be gruesome, there was no need to lose heart, as united struggles against the policies were also gaining momentum, with more and more employees in struggle demanding rollback of N.P.S. The huge spontaneous response "I AM GAURI" demanding justice for the journalist Gauri Lankesh and people taking to streets against growing job losses were bright horizons in the otherwise dark sky.
Com.Amanulla Khan said the need of the moment was greater unity and struggle and AIIEA has decided on joining forces against privatisation/joblessness, against growing unemployment against the burden of GST on insurance services affecting growth and against looking at issues through the prism of religion, caste etc., and desires pensioners to make common cause.
Com.V.Ramesh, General Secretary, AIIEA, dealt with agrarian crisis and referred to agitation of Tamil Nadu farmers in Delhi and said nothing was done to redress their 
grievances.Speaking about the movement against GST in Insurance, he said 45 lakhs signatures have been collected so far and the movement will become stronger.
On fresh option for Pension, Com.Ramesh said AIIEA was following it up with LIC, urging 
them to pursue with the Government but there were others who had gone to the Government. He said AIIEA was not for taking up with the Government at this juncture as it will shut the doors for following up with LIC. AIIEA was engaged in a joint front with Class I and Class II Officers of LIC to project common issues.
An oral Report on three issues, mundane to the interests of insurance pensioners was placed 
before the Central Committee.
In Canara Bank, a Single Judge Bench of Madras High Court had allowed the plea of the Pensioners for grant of equivalent Dearness Relief to pre-November 2002 Pensioners and on appeal by the Bank, the Division Bench reversed the Decision. When the aggrieved Pensioners filed an SLP in Hon'ble Supreme Court, it was not entertained and the Review Petition was also not considered. However when an appeal by the United Bank Of India,against the verdict of Division Bench of the Kolkatta H.C.that had granted the benefit of increased Dearness Relief, was being heard, the Hon'ble Bench has decided to recall its earlier judgement in Canara Bank
case. The process is on and a decision after further Hearing can be expected.
A Parliamentary Committee on Subordinate Legislation went into working of RBI Pension 
Regulations, had ruled the Central Government Communication of February 2002, barring grant 
of fresh options under the Pension Regulation was not legally binding on RBI, as it was only a letter from the government and not a direction under RBI Act and RBI could grant option to join the Scheme, to all those who were on rolls when the last option in the year 2000 was given, even though some of them might have retired and or died. The Report of the Committee has been placed in the Parliament on 10th Aug.2017.

In State Bank of India, since Pension was an additional benefit besides Gratuity and contributory PF, there were certain restrictions on quantum of pensionary benefits.During the course of legal proceedings against the restrictions, a Committee to go into the issues was formed. 
The Report of the Committee, it seems, has been accepted and SBI has released 90% of the arrears.
According to the Report, Pensioners who retired between 1987 to 1992, will be entitled to a higher ceiling of Rs.3775 from Rs.2400 for pension at 50% of salary. In relation to Pensioners who had retired between 1992 to 1997, they will continue with prescribed level of Rs.4250 but will be entitled to the benefit from November 1992 or July 1993 instead of from November 1993 as originally granted. The 50% ceiling will be increased to Rs.7120 from Rs.4250 for all pensioners 
retired between 1997 and 2002. As regards retirements after October 2002, the demand for grant 
of benefit from November 2002 instead of from May 2005 has not been accepted. It may be noted 
that though the ceiling has been raised, the number of Dearness Relief Slabs they are entitled to 
will come down as ceiling has been raised to higher index level.
In the C.C. meeting, the Office Bearers and Central Committee Members placed their views and there was cohesion, unanimity and purposefulness in the viewpoints expressed.
Besides the core issue of pension, the issue of Monthly Cash Medical Allowance to all LIC Pensioners and such allowance in GIC also with particular reference to denial even to pre-1986 retirees was raised and it was assured that these will be assiduously followed up.Com.T.K.Chakraborty, General Secretary, while summing up the discussions, thanked for the effective and forceful presentation of views. In his speech, he referred to the campaign slogans of the Government, cited how opinions against the Government were viewed, how there was disparity in distribution of wealth, with top 1% cornering 23% of the wealth, how voices of people like Dhabolkar Pansare, Kulburgi, Gauri Lankesh were silenced. Com.Chakraborty talked of agricultural sector and how working people were being deprived of their rights.
The General Secretary said it was time for insurance pensioners to join the mainstream and 
fight against the divisive policies, and anti-people economic policies and anti-working class policies as suggested by AIIEA.
To focus on issues both at the National Level and Industry Level, he announced a decision 
to observe Pensioners' Day on December 17, 2017 as Demands day and hold a Dharna in all major 
centres. As 17th December 2017 happens to be Sunday, the programme can be observed on 18th December 2017. Efforts to be made to co-ordinate with all other Pensioners' Organisations for 
joint observance of the day. Wide publicity should be given to the programme.
Taking note of certain observations on functioning of the Organisation, he said, a mechanism will be developed to identify and take up issues of General Insurance pensioners at proper time and proper forum and said even now adequate attention was being paid to these issues.
He assured that AIIPA will take all measures to fight the case effectively and stressed on 
strengthening the Organisation and appealed to augment the legal fund to meet the high costs of 
litigation.
The General Secretary said, as decided earlier, the Seventh General Conference of AIIPA 
will be held at Nagpur on February 11, 12 and 13, 2018, and preparations, therefore have already started. As the conduct of the Conference was a major responsibility and task, he called upon the members to ensure the collection drive of Rs.200 per member of the units is successfully completed at the shortest time, while assuring Vidarbha Region Insurance Pensioners' Association, Nagpur 
will do everything to make the Conference a memorable occasion with a sense of purpose.
Insurance Corporation Retired Employees' Association, Hyderabad and General Insurance 
Pensioners' Association, Hyderabad Region, had readily agreed to host and organise the Central Committee meeting and had well planned and nicely executed the arrangements, which enabled the participants to attend the meeting with devoted attention.
The culmination, was a meeting of Pensioners on 14th Sept. 2017, where decisions of the Central Committee and developments in Court, were explained. Com.M.L.Setiya,Com.T.K.Chakraborty, Com.K.Natarajan of AIIPA and Com. K.V.V.S.N.Raju of AIIEA, 
addressed the pensioners.
The Meeting of the Central Committee has its own significance, as it has laid down the path for the future, to protect the rights and benefits of the pensioners and further them in the days to come.
With Greetings,
Comradely Yours,
 
 (T.K.CHAKRABORTY)
 GENERAL SECRETARY

AIIPA CENTRAL COMMITTEE –THE PATH AHEAD (part I)

Cir No : 20/2017 Date : 15th September 2017 
Dear Comrades,
RE: AIIPA CENTRAL COMMITTEE –THE PATH AHEAD (part I)
The Central Committee of All India Insurance Pensioners' Association (AIIPA), had its 
session with Com.M.L.Setiya, President, AIIPA, taking the Chair on September 13 and September 
14, 2017 in the city of Hyderabad. It felt concerned that the social environs were not conducive 
for free expression of opinion, that more and more burdens were being heaped on common people 
in the name of Reforms, that efforts to undermine and dismantle public sector are afoot and the 
scenario on the job front was bleak with loss of more and more jobs and creation of fewer and 
fewer job opportunities and workers and their rights being attacked. The Committee also noted 
that though these were tough times, there was also silver lining in that, more and more people were 
engaged in fight against the divisive and anti-people economic policies of the Central Government 
and various State Governments and against shrinking space for dissent. It was the firm view of the 
Committee that, in the given situation, there was need for broad based struggles on all issues 
affecting the 'Aam Admi'.
A Working report on the activities of the AIIPA, since the last meeting of the Central 
Committee held in March, 2017, was placed for debate in the meeting. Com.T.K. Chakraborty, 
General Secretary, introducing the report, dwelt at length the political and economic scenario 
prevailing in the country. He also said that ruling classes were not allowing expression of contrary 
views and any dissent is sought to be violently put down. Attempts were on to divide the people 
on religious basis. The life and living of common people was under attack and the government is 
least bothered about the plight of the people and more and more attacks were on the working 
people and in the name of reforms public sector is dismantled. Rights of the workers were under 
continuous attack. Attempts were on to attack the social fabric of the country. He also said while 
these are the negative signs, there are also positive happenings, which the Central Committee 
should take note of. Resistance is also building up and the people are also opposing the narrow 
ideological thrust and the workers are uniting to repulse the attacks on them by organising 
nationwide movements against these anti-working class measures. Insurance pensioners, as 
conscious section of the people should associate and take active part in these resistance 
movements, launched to challenge anti-people, anti-working class policies. 
The Committee heard the narrative, giving a true and graphic picture of the happenings in 
the legal front. Com.K.Natarajan, Vice-President, AIIPA, explained the background, in which 
AIIPA had launched its legal actions. He explained that till such time the issue was implementation 
of LIC Board Resolution sans a Government Notification, AIIPA had decided not to join the fray, 
as the Organisation held a firm view on this question. In order to protect the interest of Pensioners 
in receipt of Interim Relief and to further the interest of all Pensioners, through Updation of

Pension, after the Hon'ble Supreme Court vindicated its stand, AIIPA entered the legal arena with 
its Writ Petition in Hon'ble Delhi High Court. Effective arguments were placed to drive home our 
viewpoints and observations on improvement in Pension, as part of 'Corporate Social 
Responsibility'(CSR), with cost for full neutralisation not being a material factor, that emanated 
from the Hon'ble Bench, were truthfully reported to the members. However, when the Hon'ble 
Court delivered its judgement, our prayers were not fully accepted, though the Bench agreed that 
there was discrimination between pre and post-August 1997 pensioners.
During the course of arguments, various financial aspects were focussed by other 
petitioners, which AIIPA had deliberately decided to avoid, resulting in Actuaries from LIC being 
asked to depose twice. Again, projection of figures to highlight alleged discrimination between 
earlier and later retirees, had only resulted, in the Court rejecting their argument on violation of 
(Article 21) on right to life.
Deciding to challenge the verdict of Delhi High Court, AIIPA had filed an SLP stating that 
LIC, being wholly owned by the Government, the Central Government cannot discriminate in the 
matter of updation of pension vis-a-vis Central Government pensioners especially because both 
LIC (Employees) Pension Rules and C.C.S. Pension Rules do not provide for updation of pension 
and pension updation for Central Government pensioners had been implemented only through 
Government Orders. AIIPA had also, in its Affidavit, stated that if Central Government Pension 
was a statutory liability unlike the funded LIC Pension, increase in liability through pension 
updation for central govt. pensioners cannot suddenly come from the year 1996. The Affidavit also 
states that the stand of LIC against the demand is not legally tenable, as earlier LIC Board 
Resolution (November, 2001)for Uniform Rate of Dearness Relief was binding and it had not been 
nullified by another LIC Board Resolution.
Though directed by the Hon'ble Supreme Court to adjudicate on the Constitutional validity 
of Rule 3(A), this issue had not been addressed and having held there had been discrimination, the 
Hon'ble Bench cannot legislate on Dearness Relief Rates, that is purely under the domain of the 
Central Government under Section (48) of LIC Act.Rule 3(A) had sought to divide the 
homogeneous class of pensioners into groups and therefore was violative of Article 14 of the 
Constitution. He said that as LIC was a "State" under Article (12) of the Constitution, it should not 
be allowed to escape from its statutory obligations towards its pensioners.
Dispelling the notions spread by certain section, he said that only a week's adjournment 
was sought for and not twelve weeks and when occasion came to speed up with two other SLPs 
listed for August 28, 2017, AIIPA was quick to mention the matter before the Hon'ble Chief Justice 
Court and to get its SLP tagged for Hearing on 28th August 2017..
Assuring the members that interest of GIC Pensioners was very much in the agenda of the 
Organisation and LIC case was being fought as 'cause of action' has arisen.
 He informed the House that Notice returnable in four weeks has been issued and the case 
will come up on October 13, 2017. Hopefully on that day, SLP may be admitted and converted 
into Civil Appeal and Hearing will commence later. The members fully appreciated the 
implications of our SLP.
The Central Committee, after deliberating on the issues and after hearing the Leaders, came 
to certain conclusions and decisions and our next circular will highlight the speeches and decisions. 

With Greetings,
Comradely Yours,
 
 (T.K.CHAKRABORTY)
 GENERAL SECRETARY

CGEGIS Table for the period from 01.07.2017 to 30.09.2017: Fin Min Order


No. 7(2)/EV/2016
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the September 6, 2017

Office Memorandum
Sub: Central Government Employees Group Insurance Scheme-1980 - Tables of Benefits for the savings fund for the period from 01.07.2017 to 30.09.2017.


The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme-1980, which are being issued on a quarterly basis from 1.1.2017 onwards, as brought out in this Ministry's OM of even number dated 17.3.2017, for the quarter from 1.7.2017 to 30.9.2017, as worked out by IRDA based on the interest rate of 7.8% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(1)-B(PD)/2017 dated 17.7.2017, are enclosed.

2 The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs. 10 p.m. from1.1.1982 to 31.12.1989 and Rs. 15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs. 10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3 While these orders are in respect of Table of Benefits for the period from 1.7.2017 to 30.9.2017, the Tables already issued for the quarters from 1.1.2017 to 31.3.2017 and from 1.4.2017 to 30.6.2017 are also reproduced for the sake of convenience and consolidation.
4 In their application to the employees of Indian Audit and Accounts Department, these orders are issued after consultation with the Comptroller & Auditor General of India.
5.Hindi version of these orders is attached.

(Amar Nath Singh)
Director

CENTRAL GOVERNMENT EMPLOYEES GROUP INSURANCE SCHEME 1980
Contribution @ Rs. 10/- P.M upto 31.12.89 and Rs. 15 throughout after 1.1.90
Accumulated value of contribution from 1st January of year of Entry to the month and year of cessation


Year of cessation of membership - 2017
Month of cessation of membership

Year of Entry
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
1982
30757.8030972.0031187.6231402.1031617.9831835.2832051.3832268.8732487.77
198328029.1428225.2728422.7028619.0928816.7829015.7529213.6429412.8129613.26
198425572.1825752.0325933.0826113.2026294.4926476.9726658.4626841.1327024.97
198523363.5423528.7723695.0923860.5724027.1324194.7824361.5324529.3624698.28
198621388.6221540.7721693.9321846.3221999.7022154.0922307.6722462.2322617.80
198719612.3619752.7519894.0620034.6820176.2220318.6820460.4020603.0420746.60
198818026.0018155.8818286.6218416.7218547.6818679.4918810.6218942.6119075.44
198916591.5516711.9316833.1116953.7117075.0917197.2717318.8417441.1817564.32
199015320.7115432.6715545.3815657.5515770.4615884.1115997.1916111.0016225.55
199113620.4113721.1113822.4813923.3914024.9614127.1914228.9214331.3114434.37
199212115.8512206.5912297.9312388.8612480.3912572.5212664.2212756.5012849.39
199310771.9710853.8110936.1911018.2211100.7811183.8911266.6111349.8811433.68
19949582.939656.899731.359805.499880.139955.2510030.0410105.3210181.08
19958525.358592.318659.728726.868794.438862.458930.198998.369066.98
19967587.567648.317709.467770.387831.717893.437954.918016.788079.05
19976749.096804.296859.856915.226970.957027.047082.927139.177195.77
19986009.966060.266110.906161.376212.166263.296314.246365.526417.13
19995346.785392.695438.915484.985531.365578.035624.565671.385718.51
20004762.494804.534846.854889.054931.534974.285016.905059.815102.98
20014242.474281.064319.914358.674397.684436.944476.094515.504555.16
20023780.873816.413852.193887.883923.813959.973996.054032.364068.90
20033356.363389.093422.033454.913488.013521.323554.573588.023621.69
20042974.543004.743035.143065.493096.043126.793157.493188.383219.47
20052621.812649.672677.722705.732733.932762.312790.652819.172847.88
20062295.932321.642347.512373.372399.392425.582451.752478.082504.58
20071994.872018.582042.452066.312090.332114.502138.652162.962187.43
20081716.741738.611760.621782.641804.801827.101849.401871.851894.44
20091459.791479.961500.261520.571541.021561.601582.181602.901623.75
20101222.411241.001259.721278.461297.321316.311335.311354.431373.68
20111003.101020.251037.501054.791072.191089.701107.241124.891142.65
2012800.34816.14832.04847.98864.03880.18896.37912.66929.05
2013614.02628.59643.25657.96672.76687.66702.61717.64732.78
2014443.09456.52470.05483.62497.28511.04524.84538.72552.70
2015286.32298.71311.19323.73336.35349.05361.80374.64387.56
2016142.48153.92165.44177.02188.68200.42212.21224.08236.03
201710.5021.0731.7142.4253.1964.0474.9685.9496.99