LIC GROUP MEDICLAIM SCHEME GUIDE

LIC GROUP MEDICLAIM SCHEME GUIDE 


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Friday, 16 October 2026

Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2025-26: DoE, FinMin O.M. dated 15.10.2026

Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2025-26: DoE, FinMin O.M. dated 15.10.2026 

Click below:-

https://www.staffnews.in/2026/10/non-productivity-linked-bonus-ad-hoc-bonus-2025-26-doe-om.html?utm_source=follow.it


Supreme Court Issues Contempt Notice To Nikhil Wagle & Sanjay Raut Over Remarks Against CJI

Supreme Court Issues Contempt Notice To Nikhil Wagle & Sanjay Raut Over Remarks Against CJI
https://www.livelaw.in/top-stories/supreme-court-scba-contempt-plea-nikhil-wagle-sanjay-raut-remarks-on-cji-surya-kant-appointment-declined-to-rahul-gandhi-554995

Courtesy :Live Law 

Supreme Court Asks Sanjay Raut To Explain Remarks Against CJI & Judges While Entertaining INDIA Bloc Petition

Supreme Court Asks Sanjay Raut To Explain Remarks Against CJI & Judges While Entertaining INDIA Bloc Petition
https://www.livelaw.in/top-stories/supreme-court-asks-sanjay-raut-to-explain-remarks-against-cji-judges-while-entertaining-india-bloc-petition-554928



 Courtesy : Live Law 

M C SINGLA C.A. No. 7993/2023 M.C. SINGLA (DEAD) THR. LR. AND ORS.

             Supreme Court : 

C.A. No. 7993/2023
M.C. SINGLA (DEAD) THR. LR. AND ORS.
Versus
PNB, IBA & UNION OF INDIA

15/10/26 :

Final arguments by both sides completed .
Hon’ble SC directed the parties to file written pleadings and reserved the order !

My views : Both parties argued their case with supportive citations.
I was very much impressed by Dr Manish Singhvi who appeared for Petitioner ( Late Sri Singla ) who quoted 
1993 ‘ unconditional offer to join the Pension Scheme’ in lieu of CPF ‘ and that offer letter contained a clause ‘ for pension updation’ and also ‘ Draft pension regulations’ circulated in 1993 which also carried the same clause’

However, in 1995 it was omitted as such but was provided for in appendix to certain clauses . He quoted SC order in RS Pande Vs SBI where officer was made for those with 15 years of service can apply for VRS and shall get pension on pro rata basis with other terminal benefits but later denied pension on the plea that in our scheme minimum service for pension is 20 years ! SC came down heavily on SBI and termed its act as unfair and an attempt to wriggle out from the basic contact . 

I think this alone should clinch a favourable order !
TODAYS’ PROCEEDINDS THROUGLY EXPOSED THE LEADERSHIP OF UNION/ IBA ( Repeated reference to certain associations who signed the deal and they don’t have problems with the present status and have not come to the court etc ) 
Let’s wait for final order which would have bearing on our case as well !! 
Stay Positive and Stay Connected 
Regards 
Umesh Sharma 
GOP
15/10/26
ЁЯСЖ
Received from Bikash Ghosh Roy, Bank Pensioner.

SC ORDER DATED 15.10.2026 IN MC SINGLA CASE DIARY NO 4295/2016

                    UPON 
hearing the counsel the Court made the following                             
                   O R D E R

We have heard Mr. Manish Singvi, learned senior counsel, Mr. Jayanth Muth Raj, learned senior counsel, Mr. Kavin Gulati, learned senior counsel appearing for appellant(s)/petitioner(s), and Mr. Nageswara Rao intervenor-in-person.


On the other side, we have heard Mr. Mehta, learned senior counsel, Mr. Vikramjeet Banerjee, learned Additional Solicitor General and Mr. Rajesh Kumar Gautam, learned counsel appearing for the respondent(s).

Judgment/order reserved.

Learned counsel for the parties may file their written submissions along with the judgments relied upon, within two weeks from today.

(SHIPRA NARANG)                           () SENIOR PERSONAL ASSISTANT   

(RANJANA SHAILEY)
 ASSISTANT REGISTRAR
*Orders are also solicited on the applications seeking impleadment.

рдирд╡рд░ाрдд्рд░ि рдХे рдЫрдард╡ें рджिрди рдХी рд╣ाрд░्рджिрдХ рд╢ुрднрдХाрдордиाрдПं



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Application filed for early hearing of our case by AIIPA

*Dear Members,*
      *In response to a request from AIIPA GS to make coordinated efforts to resolve the pensioners issues at all forums, I have been in touch with them and AIRIEF G. S.

As a result of the coordination , the AOR of the AIIPA has today filed an application in the Registry  of the Supreme Court for an early hearing of our Cases.
Notices of it has been sent to all the petitioners AORs .
Now Registrar shall place it before the CJI, he will decide the date & court to hear the early hearing plea.
Let us wait for the date*. 

S. K. Awasthi

Thursday, 15 October 2026

M.C. Singla's case reached final stage

 *Forum of Bank Pensioner Activists*

(AN ASSOCIATE OF AIBRWA)      

MAHAKUMBHA-2025, PRAYAGRAJ  

рди рдд्рд╡рд╣ं рдХाрдордпे рд░ाрдЬ्рдпं  рди рд╕्рд╡рд░्рдЧं рдиाрдкुрдирд░्рднрд╡рдо्। 

рдХाрдордпे рджुःрдЦрддрдк्рддाрдиां рдк्рд░рдгिрдиाрдоाрд░्рддिрдиाрд╢рдирдо्।।




*Dear Activists/Pensioners:*

*M.C. Singla's case reached final stage-*

*Today the final argument took place and it concluded. Both the parties were given 2 weeks time to submit written submissions. All appellants and respondents are expected to make written submissions in the usual manner. Since the hearing was seen on wave and also given wide coverage in social media, we do not comment on the arguments. This was that Singla's case has reached the final stage. The final decision is expected any time after Diwali.*


*2. It is expected that the Appellants/ Impleaders will make a joint submission. This will be an opportunity for a proper presentation on the entire issue. Pension updation issue is undisputedly proven in view of Pension Settlement, Small Committee Decisions Pension Updation of Pensioners between 1.1.1986 and 31.10.1987, which the living proof of pension updation alongwith wage revision, and the Regulations 35(1) and 56 of BEPR and we are assured of complete justice from the Honorable Supreme Court.*


*3. Sri Nageswara Rao from Hyderabad appeared in person and placed his argument. His endeavours in this regard is appreciated.*



*(J. N. Shukla)*

*National Convener*

*15.10.2026*

*9559748834*

MCSinglaCase

*SC Live Flash :* 

*MCSinglaCase Commences!*

​Court No. 2 has commenced its post-lunch session at 2:38 PM, taking up Item No. 301, the long awaited M.C. Singla Pension Updation Case (C.A. 7993/2023) directly as Part-Heard before the Hon'ble Bench. The legal team representing bank retirees  presented their  arguments.  

The proceedings have just been completed. Hon'ble judges have asked both the parties to submit their written submissions within two weeks.

Source : Bank Retiree group.

Productivity Linked Bonus (PLB) for 78 days to Railway Employees рд░ेрд▓ рдХрд░्рдордЪाрд░िрдпों рдХे рд▓िрдП 78 рджिрдиों рдХा рдкीрдПрд▓рдмी – Cabinet Approval

Productivity Linked Bonus (PLB) for 78 days to Railway Employees рд░ेрд▓ рдХрд░्рдордЪाрд░िрдпों рдХे рд▓िрдП 78 рджिрдиों рдХा рдкीрдПрд▓рдмी – Cabinet Approval 

Click below:-

https://www.staffnews.in/2026/10/productivity-linked-bonus-plb-for-78-days-railway.html?utm_source=follow.it




AIIPA COURT ON STATUS OF OUR CASE ON SCO



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Payment of Productivity Linked Bonus to Non-Gaz Railway Employees for FY 2025-26: Railway Board RBE No. 84/2026

Payment of Productivity Linked Bonus to Non-Gaz Railway Employees for FY 2025-26: Railway Board RBE No. 84/2026 

Click below:-

https://www.staffnews.in/2026/10/payment-of-productivity-linked-bonus-2025-26-rbe-84-2026.html?utm_source=follow.it


рдирд╡рд░ाрдд्рд░ि рдХे рдкांрдЪрд╡ें рджिрд╡рд╕ рдХी рд╣ाрд░्рджिрдХ рд╢ुрднрдХाрдордиाрдПं



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Long pending issue of pension updation for LIC pensioners.

 

Regn No.PN 4769 (Regd under The Trade Unions Act, 1926)

(Affiliated to Bharateeya Mazdoor Sangh)

BMS Office, Vishwakarma Bhavan, 185, Shaniwar Peth, Pune 411030

President: Prabir Kumar Mazumder Mob No: 9330337430 Prabir.majumdar@gmail.com Working President: Arvind Mittimani Mob No: 9868878667 arvindmittimani@gmail.com

General Secretary: Rajiv Kumar Sharma Mob No: 9811902770 rajivkumarsharma1558@gmail.com

Date: 14-10-2026

Shri. Sanjay Lohiya ji, Secretary, Department of Financial Services, Ministry of Finance, Govt of India, Jeevan Deep Bldg. New Delhi

Respected Sir, Re: Long pending issue of pension updation for LIC pensioners.

This is further to our letter dtd 05-06-2026. We would like to highlight the captioned issue in a nutshell though the following bullet points for your kind attention and necessary action.

Wednesday, 14 October 2026

PROTESTS TO SAVE OUR YOUNGER GENERATIONS



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Delhi Court Remands CJP Leaders Saurav Das, Ashutosh Ranka To Five Days Judicial Custody For 'Trespassing' At Jantar Mantar

Delhi Court Remands CJP Leaders Saurav Das, Ashutosh Ranka To Five Days Judicial Custody For 'Trespassing' At Jantar Mantar

Click below:
https://www.livelaw.in/news-updates/delhi-court-remands-cjp-leaders-saurav-das-ashutosh-ranka-to-five-days-judicial-custody-for-trespassing-at-jantar-mantar-554532

Give Insurance Cover To Tickets Sold Over Counter Like Online Tickets : Supreme Court Directs Railways

Give Insurance Cover To Tickets Sold Over Counter Like Online Tickets : Supreme Court Directs Railways

Click below:-
https://www.livelaw.in/top-stories/give-insurance-cover-to-tickets-sold-over-counter-like-online-tickets-supreme-court-directs-railways-554524

*Maa Kushmanda Devi* is worshiped on the fourth day of Navratri.

рдирд╡рд░ाрдд्рд░ि рдХे рдЪौрдеे рджिрди рдоां рджुрд░्рдЧा рдХे рдЪрддुрд░्рде рд╕्рд╡рд░ूрдк рдоां рдХूрд╖्рдоांрдбा рдХी рдЙрдкाрд╕рдиा рдХी рдЬाрддी рд╣ै। 
*Maa Kushmanda Devi* is worshiped on the fourth day of Navratri.  

According to mythological beliefs, worshiping Maa Kushmanda increases age, fame, strength and health.  By worshiping Maa Kushmanda as per the rituals one gets the desired results.  It is believed that Maa Kushmanda frees the world from many troubles and troubles.  There is a tradition of worshiping with red colored flowers on this day, because red colored flowers are said to be more dear to Maa Kushmanda.  After worshiping Maa Kushmanda properly, Durga Chalisa and Aarti of Maa Durga must be performed. рдирд╡рд░ाрдд्рд░ि рдХे рдЪौрдеे рджिрди рдХा рд╢ुрдн рд░ंрдЧ рд╣рд░ा рдоाрдиा рдЬाрддा рд╣ै। рдзाрд░्рдоिрдХ рдоाрди्рдпрддाрдУं рдХे рдЕрдиुрд╕ाрд░, рдЗрд╕ рджिрди рд╣рд░े рд░ंрдЧ рдХे рд╡рд╕्рдд्рд░ рдзाрд░рдг рдХрд░рдиे рд╕े рдоां рдХूрд╖्рдоांрдбा рдХा рдЖрд╢ीрд░्рд╡ाрдж рдк्рд░ाрдк्рдд рд╣ोрддा рд╣ै। рдоां рдХूрд╖्рдоांрдбा рдХो рд╕ृрд╖्рдЯि рдХी рд░рдЪрдиाрдХाрд░ рдФрд░ рдЕрдкрдиी рджिрд╡्рдп рдКрд░्рдЬा рд╕े рд╕ंрд╕ाрд░ рдХो рдк्рд░рдХाрд╢ рджेрдиे рд╡ाрд▓ी рджेрд╡ी рдоाрдиा рдЬाрддा рд╣ै। рднрдХ्рдд рдЙрдирдХी рдкूрдЬा рдХрд░рдХे рд╕ुрдЦ-рд╕рдоृрдж्рдзि, рдЕрдЪ्рдЫे рд╕्рд╡ाрд╕्рде्рдп рдФрд░ рдЦुрд╢рд╣ाрд▓ рдЬीрд╡рди рдХी рдХाрдордиा рдХрд░рддे рд╣ैं। рдзाрд░्рдоिрдХ рд╡िрд╢्рд╡ाрд╕ рд╣ै рдХि рдоां рдХी рдЖрд░ाрдзрдиा рд╕े рдордиोрдмрд▓ рдмрдв़рддा рд╣ै рдФрд░ рдЬीрд╡рди рдоें рд╕рдХाрд░ाрдд्рдордХрддा рдЖрддी рд╣ै। рдоां рдХूрд╖्рдоांрдбा рдХो рдЕрд╖्рдЯрднुрдЬा рджेрд╡ी рдХे рдиाрдо рд╕े рднी рдЬाрдиा рдЬाрддा рд╣ै। рдЙрдирдХी рдЖрда рднुрдЬाрдУं рдоें рдХрдоंрдбрд▓, рдзрдиुрд╖, рдмाрдг, рдХрдорд▓, рдЕрдоृрдд рдХрд▓рд╢, рдЪрдХ्рд░, рдЧрджा рдФрд░ рдЬрдкрдоाрд▓ा рд╡िрд░ाрдЬрдоाрди рд╣ैं। рдЙрдирдХा рд╡ाрд╣рди рд╕िंрд╣ рд╣ै। рдзाрд░्рдоिрдХ рдоाрди्рдпрддाрдУं рдХे рдЕрдиुрд╕ाрд░, рджेрд╡ी рдХा рддेрдЬ рд╕ूрд░्рдп рдХे рд╕рдоाрди рдк्рд░рдХाрд╢рдоाрди рд╣ै рдФрд░ рдЙрдирдХा рдиिрд╡ाрд╕ рд╕ूрд░्рдп рдоंрдбрд▓ рдоें рдоाрдиा рдЬाрддा рд╣ै। рдЙрдирдХी рдЙрдкाрд╕рдиा рдХो рд╕ाрд╣рд╕, рдЖрд░ोрдЧ्рдп, рдпрд╢ рдФрд░ рд╕рдоृрдж्рдзि рдХी рдХाрдордиा рд╕े рдЬोрдб़ा рдЬाрддा рд╣ै। рдоां рдХूрд╖्рдоांрдбा рдХो рдХुрдо्рд╣рдб़ा рдпाрдиी рдкेрдаा рдЕрд░्рдкिрдд рдХрд░рдиा рд╢ुрдн рдоाрдиा рдЬाрддा рд╣ै। рдЗрд╕рдХे рдЕрд▓ाрд╡ा рдХेрд╕рд░िрдпा рд╣рд▓рд╡ा, рдкीрд▓े рд░ंрдЧ рдХी рдоिрдаाрдЗрдпां, рдоाрд▓рдкुрдЖ, рдмрддाрд╢े, рдлрд▓ рдФрд░ рдиाрд░िрдпрд▓ рднी рдЪрдв़ाрдП рдЬा рд╕рдХрддे рд╣ैं। рдХुрдЫ рдкрд░ंрдкрд░ाрдУं рдоें рджрд╣ी рдФрд░ рд╡िрднिрди्рди рдк्рд░рдХाрд░ рдХे рд╣рд▓рд╡े рдХा рднोрдЧ рд▓рдЧाрдиे рдХी рдоाрди्рдпрддा рд╣ै। рд╡्рд░рдд рд░рдЦрдиे рд╡ाрд▓े рднрдХ्рдд рд╕िंрдШाрдб़े рдХे рдЖрдЯे рдХा рд╣рд▓рд╡ा рдмрдиाрдХрд░ рднी рдЕрд░्рдкिрдд рдХрд░ рд╕рдХрддे рд╣ैं। *рдоां рдХूрд╖्рдоांрдбा рдХी рдкूрдЬा рдпे рд╢ुрдн рдоुрд╣ूрд░्рдд:* рдм्рд░рд╣्рдо рдоुрд╣ूрд░्рдд: рдк्рд░ाрддः 04:54 рд╕े рд╕ुрдмрд╣ 05:43 рдмрдЬे рддрдХ। рдЕрднिрдЬीрдд рдоुрд╣ूрд░्рдд: рд╕ुрдмрд╣ 11:44 рд╕े рджोрдкрд╣рд░ 12:30 рдмрдЬे рддрдХ। рдЕрдоृрдд рдХाрд▓: рджोрдкрд╣рд░ 04:14 рд╕े рд╢ाрдо 05:57 рдмрдЬे рддрдХ। рд╡िрдЬрдп рдоुрд╣ूрд░्рдд: рджोрдкрд╣рд░ 02:22 рд╕े рджोрдкрд╣рд░ 03:09 рдмрдЬे рддрдХ। рдЧोрдзूрд▓ि рдоुрд╣ूрд░्рдд: рд╢ाрдо 06:17 рд╕े рд╢ाрдо 06:42 рдмрдЬे рддрдХ। *реР рджेрд╡ी рдХूрд╖्рдоाрдг्рдбाрдпै рдирдо:॥* *рдХूрд╖्рдоांрдбा рдРं рд╣्рд░ी рджेрд╡्рдпै рдирдо:* рд╕ुрд░ाрд╕ंрдкूрд░्рдгрдХрд▓рд╢ं, рд░ुрдзिрд░ाрдк्рд▓ुрддрдоेрд╡ рдЪ। рджрдзाрдиा рд╣рд╕्рддрдкрдж्рдоाрдн्рдпां, рдХूрд╖्рдоांрдбा рд╢ुрднрджाрд╕्рддु рдоे। рдпा рджेрд╡ी рд╕рд░्рд╡рднूрддेрд╖ु рдоाँ рдХूрд╖्рдоाрдг्рдбा рд░ूрдкेрдг рд╕ंрд╕्рдеिрддा। рдирдорд╕्рддрд╕्рдпै рдирдорд╕्рддрд╕्рдпै рдирдорд╕्рддрд╕्рдпै рдирдоो рдирдо:॥ *рдоां рдХुрд╖्рдоांрдбा рдХी рдЖрд░рддी* рдХुрд╖्рдоांрдбा рдЬрдп рдЬрдЧ рд╕ुрдЦрджाрдиी। рдоुрдЭ рдкрд░ рджрдпा рдХрд░ो рдорд╣ाрд░ाрдиी ॥ рдкिрдЧंрд▓ा рдЬ्рд╡ाрд▓ाрдоुрдЦी рдиिрд░ाрд▓ी। рд╢ाрдХंрдмрд░ी рдоां рднोрд▓ी рднाрд▓ी ॥ рд▓ाрдЦों рдиाрдо рдиिрд░ाрд▓े рддेрд░े। рднрдХ्рдд рдХрдИ рдорддрд╡ाрд▓े рддेрд░े ॥ рднीрдоा рдкрд░्рд╡рдд рдкрд░ рд╣ै рдбेрд░ा। рд╕्рд╡ीрдХाрд░ो рдк्рд░рдгाрдо рдпे рдоेрд░ा ॥ рд╕рдмрдХी рд╕ुрдирддी рд╣ो рдЬрдЧрджंрдмे। рд╕ुрдЦ рдкрд╣ुंрдЪрддी рд╣ो рдоाँ рдЕंрдмे ॥ рддेрд░े рджрд░्рд╢рди рдХा рдоैं рдк्рдпाрд╕ा। рдкूрд░्рдг рдХрд░ рджो рдоेрд░ी рдЖрд╢ा ॥ рдоां рдХे рдорди рдоें рдордорддा рднाрд░ी। рдХ्рдпों рдиा рд╕ुрдиेрдЧी рдЕрд░рдЬ рд╣рдоाрд░ी ॥ рддेрд░े рджрд░ рдкрд░ рдХिрдпा рд╣ै рдбेрд░ा। рджूрд░ рдХрд░ो рдоाँ рд╕ंрдХрдЯ рдоेрд░ा ॥ рдоेрд░े рдХाрд░рдЬ рдкूрд░े рдХрд░ рджो। рдоेрд░े рддुрдо рднंрдбाрд░े рднрд░ рджो ॥ рддेрд░ा рджाрд╕ рддुрдЭे рд╣ी рдз्рдпाрдП। рднрдХ्рдд рддेрд░े рджрд░ рд╢ीрд╢ рдЭुрдХाрдП॥


8th CPC Pay Calculator 2026: рдирдпा рд╡ेрддрди, рдПрд░िрдпрд░ рдФрд░ Civil/Defence Pay Level, Running Allowance рдХी рдЧрдгрдиा, Arrear Sheet Download рдХрд░ें

8th CPC Pay Calculator 2026: рдирдпा рд╡ेрддрди, рдПрд░िрдпрд░ рдФрд░ Civil/Defence Pay Level, Running Allowance рдХी рдЧрдгрдиा, Arrear Sheet Download рдХрд░ें 
Click below:-

https://www.staffnews.in/2026/10/8th-cpc-pay-calculator-2026-railway-running-staff.html?utm_source=follow.it


Tuesday, 13 October 2026

Madras High Court Judgement dated 23.09.2026

 IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 23~09~2026

CORAM

THE HON-BLE MR JUSTICE S. M. SUBRAMANIAM

AND

THE HON-BLE MR.JUSTICE KRISHNASWAMY GOVINDARAJAN

WA No. 2325 of 2026  

CNR:{HCMA010878562026}

AND

CMP NO. 20351 OF 2026


K.Kasinathan

S/o. Gurusamy,

C1 Kala Flats, 28 Rameswaram Road,

T.Nagar, Chennai~17.



..Appellant

Vs

1.Indian Bank

Rep by its Chairman and MD,

254~260, Avvai Shanmugam Sali,

Raoyapettaah, Chennai.

*Important Court Case*

*Important Court Case*

Madras High Court has ordered Indian Bank to provide Pension to Retired Employee Despite Resignation in 1995. Pension was introduced in 1995 and Bank denied pension to employee who retired before the date.
Read full caseЁЯСЗ

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Monday, 12 October 2026

Supreme Court Bar Association & SCAORA Condemn Calls For CJI Surya Kant's Resignation

Supreme Court Bar Association & SCAORA Condemn Calls For CJI Surya Kant's Resignation

Click below:-
https://www.livelaw.in/top-stories/supreme-court-bar-association-condemns-calls-for-cji-surya-kants-resignation-554318

Courtesy : Live Law

Meeting with CEO LIC at Madurai

The Hon’ble Chairman, CEO and South Zone Manager visited Madurai on 12 October 2026 to inaugurate the newly modernised Madurai Divisional Office.

At the invitation of the Madurai Division, we participated in the inauguration ceremony and had the privilege of welcoming and honouring our esteemed CEO and South Zone ZM.

We requested our CEO  to bestow his kind attenrion to  Ehanced Pension to age 80 and above and cash medical benifits to all retirees.

B Angurajan

Supreme Court Refuses To Stay CBI FIR Against Punjab CM's OSD, Bars Coercive Action

Supreme Court Refuses To Stay CBI FIR Against Punjab CM's OSD, Bars Coercive Action

Click below:-
https://www.livelaw.in/top-stories/supreme-court-refuses-to-stay-cbi-fir-against-punjab-cms-osd-bars-coercive-action-554223


Courtesy : Live Law

Sunday, 11 October 2026

Lawyers' Body Moves Supreme Court; Says Protests Cannot Paralyse Delhi, Impede Lawyers' Livelihood

Lawyers' Body Moves Supreme Court; Says Protests Cannot Paralyse Delhi, Impede Lawyers' Livelihood

Click below:-
https://www.livelaw.in/top-stories/lawyers-body-moves-supreme-court-says-protests-cannot-paralyse-delhi-impede-lawyers-livelihood-554137 Courtesy : Live Law

AIRIEF CIRCULAR NO 005/2026-27 DATED 11th October, 2026

AIRIEF CIRCULAR NO 005/2026-27 DATED 11th October, 2026

Click below:-

https://drive.google.com/file/d/1-tQMFBfvdvoS7SamVtkXu7Kk94woj5Ej/view?usp=drivesdk

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SHARADIYA NAVARATRI

ЁЯМ╣ЁЯМ╖ЁЯТРЁЯМ╣ЁЯМ╖ЁЯТРЁЯМ╣ЁЯМ╖ЁЯТРЁЯМ╣ЁЯМ╖ЁЯТР
GOOD MORNING. 
GREETINGS TO ALL ON THE EVE OF SHARADIYA  NAVARATRI.
MAY GODDESS DURGA SHOWER HER CHOICEST BLESSINGS ON YOU AND ALL YOUR FAMILY MEMBERS. 
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PENSIONERS' VOICE AND SOUND TRACK 

Saturday, 10 October 2026

GST on Health Insurance Premium paid by Banks – Passing on Input Tax Credit (ITC) Benefit to employees/retirees *****

To
Sri S C Jain General Secretary

All India Bank Retirees Federation (AIBRF) INDORE.

Dear Sir,

Reg: GST on Health Insurance Premium paid by Banks – Passing on Input Tax Credit (ITC) Benefit to employees/retirees *****

We inform that the Bank Employees and Retirees Health Insurance year commences from 1st November, every year. This year too, Banks have circulated the IBA Group Medical Insurance Policy – 2026-27 with premium rates for Base Policy as well as Top Up Policy for both in-service & retirees separately. It may be observed that the Banks are paying huge amount towards GST at 18% on Health Insurance Premium on behalf of in-service staff and also remitting GST collected from Retirees.

In the recent 57th GST Council Meeting held on 8th October, 2026, under the Chairmanship of Hon’ble Union Mistier of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, it is decided to benefit the employers (banks) to get Input Tax Credit (ITC) on GST paid on employees’ insurance cover.

As such, Banks are going to benefit on the GST paid on Employees Health Insurance policies premium through ITC as per the above news report. We request AIBRF to represent this issue. The said news report is attached to this letter.

We may request the banks to first pay the GST on premium for retired staff, and debit/collect from retirees later, so as to claim ITC. The relief gained through ITC may be passed on to retirees either by way of subsidy/medical allowance or otherwise.

Please examine this issue and address a letter to IBA in this regard.

Thanks & Regards,

Yours sincerely,

(N S N REDDY) GENERAL SECRETARY

Encl.: Press Report on GST & ITC

Press Release Page | Press Information Bureau


GST Council allows employers to get Input Tax Credit on GST paid for employee insurance cover

Currently, an 18 per cent GST is levied on all such group insurance

policies. Almost every organised employer provides cover for its workforce, so the cost of providing the coverage comes down, which should assist the spread of cover and the insurance industry itself, sources added.

The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers on Thursday has allowed employers to get Input Tax Credit on GST paid for employee insurance cover.

Currently, an 18 per cent GST is levied on all such group insurance policies. Under the Goods and Services Tax law, GST is exempt on individuals buying life or health policies for themselves or their family. However, when a business buys life or health cover for its employees, tax is charged on that cover, and until now the business could not claim ITC on it.

“This will make insurance cheaper for every employer to provide”, industry sources said.

***

MEDi BUDDY APP UNDER LIC GROUP MEDICLAIM SCHEME

Dear All LIC Pensioners,

Has anyone in our group tried and utilised the online free medical consultation by using the app Medi Buddy under our Group Mediclaim Scheme?
If so, what is your experience?

V Gopalan,