LIC GROUP MEDICLAIM SCHEME GUIDE

LIC GROUP MEDICLAIM SCHEME GUIDE 


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Saturday, 1 April 2017

New Financial Year FY18 Starting from Today - Here are things that will get Cheaper and Costlier for you - GConnect.in

New Financial Year FY18 Starting from Today - Here are things that will get Cheaper and Costlier for you - GConnect.in

Demise of Sri A.Balasubramanya Sastry, Pillar of RIEA Bengaluru & AIRIEF falls, Follow his footsteps in the sands of time

1)Destiny is destiny,death is certain.Sad to succumb,cancer is deadly & expensive to treat. But human life is valuable. Death ends all relations. Friends,relations, acquaintances & 

associates mourn the loss. What a cycle it is,after various stages, one has to depart. This befell our beloved Sri A. Balasubramanya Sastry,VP,SCZ, AIRIEF on 31/3 /2017 afternoon,as 

SMALL SAVING SCHEMES RATES REVISED WEF 01.04.2017 (PPF MIS MS SSA TD SCSS )


Download Sahaj (ITR 1), 2, 3, Sugam (ITR-4), 5, 6, 7 for A.Y. 2017-18

admin
CBDT has vide notification No. 21/2017 released ITR for Assessment Year 2017-18 / Financial Year 2016-17 and Same can downloaded from the link given at the end of the post. the number of ITR Forms have been reduced from the existing nine  to seven forms. The existing ITR Forms ITR-2, ITR-2A and ITR-3 have been rationalized and a single ITR-2 has been notified in place of these three forms. Consequently, ITR-4 and ITR-4S (Sugam) have been renumbered as ITR-3 and ITR-4 (Sugam) respectively.

EASTERN NEWS APR'2017 ISSUE

Today's News in Media:::Vijay Mallya among 1,900 Indians under probe for links to Panama firms


A Tribute

The news we have from Bengaluru on the demise of M/S J Matthan & KRChandrasekhar during this week is indeed saddening. Both of them were presidents of the Chennai Assn of the class 1 officers' in yester years and I had the privilege of working with them as Secretary. 
ShriMatthan was always magnanimous in dealing with problems of officers and he held the offices of ZM, Chairman etc with grace and compassion for all. 
Shri Chandrasekhar was gentleman to the core and I recall the problem he had with his medical cover a couple of years back when he sought my assistance to have it sorted out. In short  we  have lost
two great men Who were in our midst. May their soul rest in peace
-GNSridharan

Shocking news of the death of Sri JMatthan,our Former Chairman 31 March 2017 Morn

Friday, 31 March 2017

CBDT notifies new Income Tax Return Forms for AY 2017-18: Introduces one page simplified ITR Form-1(Sahaj)

Press Information Bureau
Government of India
Ministry of Finance
31-March-2017 16:32 IST
CBDT notifies new Income Tax Return Forms for AY 2017-18: Introduces one page simplified ITR Form-1(Sahaj)
The Central Board of Direct Taxes has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2017-18. One of the major reforms made in the notified ITR Forms is the designing of a one page simplified ITR Form-1(Sahaj).  This ITR Form-1(Sahaj) can be filed by an individual having income upto Rs.50 lakh and who is receiving income from salary  one house property / other income (interest etc.) . Various parts of ITR Form-1 (Sahaj) viz. parts relating to tax computation and deductions have been rationalised and simplified for easy compliance. This will reduce the compliance burden to a significant extent on the individual tax payer. This initiative will benefit more than two crore tax-payers who will be eligible to file their return of income in this simplified Form.  
Simultaneously, the number of ITR Forms have been reduced from the existing nine  to seven forms. The existing ITR Forms ITR-2, ITR-2A and ITR-3 have been rationalized and a single ITR-2 has been notified in place of these three forms. Consequently, ITR-4 and ITR-4S (Sugam) have been renumbered as ITR-3 and ITR-4 (Sugam) respectively.
 There is no change in the manner of filing of ITR Forms as compared to last year. All these ITR Forms are to be filed electronically. However, where return is furnished in ITR-1 (Sahaj) or ITR-4 (Sugam), the following persons have an option to file return in paper form:-
(i) an individual of the age of 80 years or more at any time during the previous year;   or
(ii)  an individual or HUF whose income does not exceed five lakh rupees and who has not claimed any refund in the return of income,
     The notified ITR Forms are available on the department’s official website www.incometaxindia.gov.in 
itr1-english
*****

CPI FOR FEBRUARY, 2017


Death of ex-Chairman LIC

I am very  sorry to hear the news of death of Sri J Matthan, former Chairman of LIC today & Mr K R Chandrasekar , former SDM of LIC on 27th inst.
Although they died in their nineties,they were fine gentlemen.
I was AO Vellore & AO Coimbatore DO when Mr Matthan was Chairman.Mr Matthan  commanded respect in the MoF during is tenure as Chairman.He did  try to get some  wage for Class I Officers but could not quite  succeed.
Mr K R Chandrasekar was DM Vizag in  when I was briefly  working as AO in May -June 1977  before I was transferred to Vellore Branch .
Both the above esteemed officers of the Corporation were under pre-1986  category of retirees and got only ex-gratia pension of Rs 300(basic) which was revised to Rs 350. This was quite unfortunate.
May the departed souls rest in eternal peace.
Mournfully yours,
C H Mahadevan 

Reflections on our AIRIEF Website airiefvision.wordpress.com, Holistic & Variegated ,look at Contents,New Insertions, make it a habit to visit & read Daily

Dear AIRIEF OBs, activists & RIEA OBs & endearing pensioners,

    1)How nice will it be, if EACH OB sends 1 or 2 important news item,any latest info,economic, political, sports, events happening,Court developments of their area to Sri Angurajan, AIOS,AIRIEF, Sri MPSubramanian who is ever alert & to me ,in our email ids That will make our task easier. We gather pearls from u.It is the Simplest & Easiest demand & rightfully will enhance Prestige & Goodwill of RIEAs & AIRIEF Parent body.U wld have seen what all new creative steps I have undertaken on top of so much work willingly I do as Original contributor, all for benefit of pensioners only. Being a bystander is the easiest & laziest way of thinking   

Death Of Shri A Balu

Dear Friends,
God's ways are strange and inscrutable.
Shri Matthan left in the morning and I flashed the news which should have been known by Shri A Balasubramnya who was the president of LIC PWA for over 12 years. He was elevated as PATRON only 3 years ago. Shri A Balu as he was affectionately called was the ADC to Shri Matthan when he was the SDM of Bangalore Dn. Shri Balu enjoyed the confidence of his master shri Matthan during the inauguration of the JEEVAN PRAKASH bldg also.
God must have decided that leader should be followed by the disciple. Shri A Balu also left US ALL in the afternoon to join the leader.
His son Shri B Shesghadri is working in DO 1 Mktg and his daughter, Smt Indira Sudhakar is working in DO 1 Accts / Legal.
Shri Balu has one more son who is to come from USA or so. His body will be in Sankara Cancer hospital Shankara puram and the cremation may be tomorrow. 
Shri Balu was and AJAATHA SHATRU  - one who has had no enemies.
The service he had done to the cause of the pensioners is unique and should be remembered by everyone.
We the pensioners are left to pay our respects FLORALLY only. But he is living with us and shall continue to guide us all in all our endeavours
At the moment he is our ALL INDIA VICE PRESIDENT elected in the 9th GC meeting held at Bangalore during October 2014.
Sorrowingly,
G Krishnaswamy
GS  AIRIEF / 31-3-2017

Video from P Ramanathan

Govt slashes small saving schemes interest rates by 0.1%


New Delhi, March 31
The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by 0.1 per cent for the April-June quarter, a move that would prompt banks to cut their deposit rates.
For April-June, these have been lowered by 0.1 per cent across the board compared to January-March. However, interest on savings deposits has been retained at 4 per cent annually.
Since April last year, interest rates of all small saving schemes have been recalibrated on a quarterly basis.
A finance ministry notification said investments in the public provident fund (PPF) scheme will fetch lower annual rate of 7.9 per cent, the same as five-year National Savings Certificate. The existing rate for these two schemes is 8 per cent.
Kisan Vikas Patra (KVP) investments will yield 7.6 per cent and mature in 112 months.
The one for girl child savings, Sukanya Samriddhi Account Scheme, will offer 8.4 per cent annually, from 8.5 per cent at present, while it will be the same at 8.4 per cent for the 5-year Senior Citizens Savings Scheme. The interest rate on the senior citizens scheme is paid quarterly.
Term deposits of 1-5 years will fetch a lower 6.9-7.7 per cent that will be paid quarterly while the 5-year recurring deposit has been pegged lower at 7.2 per cent.
"On the basis of the decision of the government, interest rates for small savings schemes are to be notified on a quarterly basis," the ministry said while notifying the rates for the fourth quarter of 2016-17 starting from April 1, 2017.
While announcing the quarterly setting of interest rates, the ministry had said the rates of small saving schemes would be linked to government bond yields.
The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government. —PTI

SAD NEWS


Mr.M.P.Subramanian on need to eschew panic.

Dear Editor,
Mr.M.P.Subramnyan’s post titled  “Eschew becoming panicky”  is the most sensible one yet at this juncture. I even posted a comment on it reading  ‘ Very well analysed,well-reasoned and timely post. Hats off to Mr.Shri M.P.Subramanyan. We must eschew both panic and euphoria’
.
Then I noticed that Mr.Subramanyan had specifically invited feedback on his post. I was particularly attracted by his observation : “ It is too early on our part to jump upon imaginary conclusions. Such articles from our side may mislead our members when SC has permitted time for DHC up to 30th April.”...  

We are aware that Mr.Asthana,with all the  criticisms directed towards him, had something to show for his efforts; he won the case for us in Jaipur High Court. That the verdict here as in other HCs were set aside by SC and  remitted to Delhi HC to with a specific agenda is another matter.  A panicky situation when the HC verdicts were set aside,  but a faint ray of hope when the case was remitted to DHC.

While all the petitioners can be said to have accepted the challenge posed by SC and done their best to project their view points, there is no case for ‘jumping upon imaginary conclusions’  given the sad experience in the aftermath of Jaipur and other HC verdicts which, though, had almost covered all the points put forth before DHC now,  but the present arguments sadly  lack  the emphasis on constitutional issues referred by SC,  and  some petitioners even fell a prey to the diversionary tactics of LIC. It is only in the late stages  that some cosmetic efforts  to highlight   SC’s reference have been made, but again shrouded in long drawn  submissions, instead of zeroing in on the main points.

But then, no need to panic. We have done our best, and God will meet us halfway. With the spectra of Section 48 looming large, there used to be  comments like “God only should help us”.  It is a matter of gratification that some of our  friends, in addition to leading from the front or bringing up the rear as the situation warrants, and after late realization that every pensioner is a petitioner,  have resorted to Homams and Poojas to propitiate the divine forces. A very positive step.

Yours truly,

G.Krishna Prasad.

THE VOICE OF FORCE


चैत्र नवरात्र की चतुर्थी तिथि है

TDS ON INTEREST INCOME SECTION 194A

7th CPC Dearness Allowance from Jan, 2017 @ 4%: Finance Ministry OM dated 30.03.2017

The President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 2% to 4% of the basic pay with effect from 1st January, 2017.

7th CPC Dearness Allowance from Jan, 2017 @ 4%: Finance Ministry OM dated 30.03.2017

No. 1/3/2017-E-II(8)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated the 30th March, 2017.
OFFICE MEMORANDUM
Subject: Grant of Dearness Allowance to Central Government employees - Revised Rates effective from 1.1.2017.

The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/2/2016-E-II(8) dated 4th November, 2016 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 2% to 4% of the basic pay with effect from 1st January, 2017.
2. The term ‘basic pay’ in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, etc.
3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR 9(21). 
4. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.
5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of Salary of March, 2017.
6. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.
7. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India. 

(Nirmla Dev)
Deputy Secretary to the Government of India

Source: Download from Finmin.nic.in Click here PDF in English
Download from Finmin.nic.in Click here PDF in Hindi

msg

Today's News in Media:::South Korea’s ousted President Park Geun-hye arrested


LEGAL UPDATE

Frame draft guidelines on police briefing to media: SC to govt
The Supreme Court today directed the Centre to prepare a fresh memorandum of guidelines for the police to brief the media by keeping in mind the protection of rights of both the accused and the victims of crime.

24X7 Dedication Pays !

RKSahni's Pensioners Voice & SoundTrack crosses 11 lacs hits, scintillating record in so short a time

Thursday, 30 March 2017

DELHI HIGH COURT APRIL 2017 CALENDER- LAKKAPRAGADA SIVARAMAKRISHNA RAO

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FLASH ::LICI *JOINT FRONT INFORMATION*


30.03.2017
*Agitation suspended on written assurance from management*

  Today, the ED(P) invited the joint front leaders for the *third time* & appealed to withdraw the agitation in the light of March closing. We reiterated that without a firm written assurance, it would not be possible for us to do so.

  After some time, we were invited by MD, Shri *Hemant Bhargava* for discussions. Besides the MD, the management was also represented by the ED(P) Shri *Sharad Shrivastav*:; Smt *Tarni Hindoyar*, Chief(P) & Shri *M C Chaturvedi*, Sec(P).

  The discussions went on for about 45 minutes in first round & each issue was discussed thread-bare. The MD initiated the discussion & appealed us to withdraw the ongoing agitation in the light of March closing. He also said that the management was trying its best to resolve the pending issues of 5 days week & pension option.

  After a small break the discussion continued and as demanded by joint front unions *management has given a written assurance* on these issues.

*In response to this joint front unions has suspended the call of mass CL and No Extra Co-operation*

Detailed circular follows.

*JOINT FRONT ZINDABAD*
Courtesy:N D Mehrotra[Whatsapp]

Video - Longest Goods Train in the World

Judgement status.

                                   M SREENIVASA MURTY MARCH 30, 2017
                 FROM THE HYDERABAD ASOCIATION WHILE WE WAIT FOR THE                VERDICT……..Part - 7
THE STATUS OF OUR RESERVED JUDGEMENT -NO NEWS IS GOOD NEWS

Dear LIC Pensioners and Family Pensioners,

Our discreet enquiries (by two different Advocates) indicate that our reserved Judgement may be pronounced on or after April 10, 2017 (AND NOT BEFORE). The reason: DHC will be on vacation from 01/04/2017 to 09/04/2017 (both days inclusive). Tomorrow is virtually the last working day but the Lawyers are on strike.
The other info: LIC is yet to file its Rejoinder to the Written Submissions in Hyderabad Association’s WP No 4894/2016.
Personally I wish to believe, that the time up to 09/04/2017, comes handy to everybody. Including us, the Pensioners. Let us step up our prayers and RELAX
                                           GOD BLESS LIC PENSIONERS
PS: My NEXT POST (Now Part – 8) – ‘WE ARE IN GOOD COMPANY’ is in the making. Reserved for tomorrow, till after our Havan program. I can assure now, that many will be greatly pleased to read it.

e Circular dated 30th Mar 2017

 DEAR ALL LIC PENSIONERS & FAMILY PRNSIONERS,
MEMORANDUM


My Post

                                 FROM THE HYDERABAD ASOCIATION
                           WHILE WE WAIT FOR THE VERDICT……..Part 6
Dear LIC Pensioners and Family Pensioners,
In my WHILE WE WAIT FOR THE VERDICT……..Part 5, (Supplement to Flash News) I attempted to share with all, the significance & implications of the recent development viz., that LIC has been directed to file its Rejoinder to our Written Submissions in WP No 4894/2016.
A large number of our Pensioner-colleagues have appreciated and were convinced of the clarifications offered by us (Sri Mahadevan and I were flooded with calls) and there was also a muted discussion and different views expressed – ‘it was not usual’ ‘there is nothing unusual’ etc.,
While the fact of the matter stood as above, we all know that no part of it is more significantat this point of time, than the LIC Pensioners getting an emphatic favourable Judgment and that is what we are all praying and waiting for.
While waiting with bated breath, we in Hyderabad are attending/performing a repeat, full-fledged Ganapathi Homam (Havan) tomorrow the 31st March 2017 from 7.00 AM at the same place as before, viz., Sri Sringeri Jagadguru Vijaya Ganapati Temple, Opp Ramakrishna Mission, Indira Park, Hyderabad. This was planned much earlier as the day (Suddha Chaturdhi), coincidentally happens to be most auspicious, as per the Temple Calendar and the authorities have made elaborate arrangements. All those interested and located in Hyderabad, stand invited and are most welcome. Let us have unwavering faith in HIS benevolence for our just and fair cause and keep praying.
On our Written Submissions and our comprehensive Rejoinder Affidavit dated 13/01/2017, we have been continuously receiving requests to share the contents. Sri Mahadevan and I discussed the issue this morning and I also had a chat with our Advocate, Shri Ashish Tiwari. We have accordingly decided to put both these important documents in public domain. These are attached for the information of all our members, supporters, well-wishers as every Pensioner is virtually a Petitioner before the DHC. .
Wish to come forward with my next Post (Part–7) by tomorrow, through which we (the Hyderabad Association) will declare that we are
                                                    IN GOOD COMPANY
Attached:
1. Comprehensive – 31 Page Rejoinder Affidavit of the Hyderabad Association
2. Written Submissions dated 5 March and filed on 8th March 2017
                                   GOD BLESS LIC PENSIONERS
1.CLICK HERE
2.CLICK HERE

Eschew becoming panicky

Dear friends,
   I went through an article appeared in WhatsApp on the delay in delivering the reserved judgment at DHC. He has penned that the delay may lead to ultimate denial of justice to the aggrieved. I think that his apprehension finds no concrete basis. One could admit that all reasonable delays do not end with outright denials of due justice. We have witnessed ever-so-many judgments going in favour of the aggrieved. In our case, all our leaders, including the veteran Sr.Counsels appeared for us, are fully confident of securing a just and meaningful judgment. We are already aware that our issues are of major ones and that we had to put up a strong fight with needed legal tools against the unjust onslaughts of combined bureaucracy The anticipated judgement is going to be a historical one, not only for us but also to our pensioner-brethren of all PSUs. So, court may need sufficient number of days to analyse the arguments placed by both the contestants. It is too early on our part to jump upon imaginary conclusions. Such articles from our side may mislead our members when SC has permitted time for DHC up to 30th April. Verdict may come any day between today and 30th April.
   The writer has also expressed his anguish over the delay in settling the issue of paying full pension on completion of 20 years of service. Fact remains that our Chairman is fighting shy of taking any decision on monetary issues in the absence of approval by GOI. We have argued in all the courts that LIC Chairman can take decisions under certain powers conferred under LIC Act and that GOI cannot interfere into day-to-day normal functions of LIC. GOI clings upon its powers under Sec.48 even on all small and petty matters. They have also argued that decisions taken by LIC Board are only recommendatory in nature and cannot be implemented without the approval of Central government.      
   You will agree that we cannot approach courts for each and every thing. All pensioner-organizations believe in settlement of pending problems through bilateral negotiations with the management. Hence, AIRIEF, Federation of Retd. LIC Cl-1 officers at Chennai and Hyderabad, National Organisation of Insurance Pensioners, LIC Pensioners' Association and AIIPA have placed their " Charter of Demands " and discussed various issues with the higher officials on fixed-up agenda several times. The management sits tight and never commits anything on monetary matters. We only pity their present position. We cannot sit idle without raising our issues to be solved. How long this stalemate could continue ? We will not drop down our continuous efforts till they are heard.
   We are sure of winning our case at DHC and SC in the coming weeks. Then, certainly, we could expect a changed situation in the house of LIC. All our pending issues such as (1.) Full pension for completed 20 years of service, ( 2.) Retirement on the last date of the month, though date of birth happens to be on the first day of the month, ( 3.) Hiking pension by 20% to 100% on completing 80 to 100 years-of-age,  ( 4 ) Leave travel concession,  ( 5 ) Festival advance,  ( 6 ) Another option to join medical scheme, ( 7 ) Doubling the present sum assured to all cadres, ( 8 ) A fixed monthly allowance towards domestic treatment, ( 9 ) Certain other specific items to be included in the list of treatment, etc, etc. Our main demand is that whatever benefits that are allowed to Central govt pensioners under CCS Pension Rules should be applicable to all the pensioners of PSUs. 
   Let us not lose our faith. Unity will definitely bring us amicable solutions - if not to day, tomorrow.
   I will be happy if feedback pour in either-way from the readers.
With greetings.
M.P.Subrahmanian,
RIEA, Madurai.