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Thursday, 22 February 2018

Cost Inflation Index & Decline in Real Value of Pension

Based on the latest Pension Anomaly Chart and the Cost Inflation Index being used by the Central Government for capital gains ,I have prepared a chart of Real Value of Pension  as at February 2018 to bring out the erosion in basic pension on account of inflation and falling value of rupee.
I am examining how this can be used in our rejoinder to the counter affidavit filed by LIC.
Greetings.
C H Mahadevan 


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