Income Tax | Section 87A Rebate in New Tax Regime: Eligibility, Limits & Examples
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Income Tax | Section 87A Rebate in New Tax Regime: Eligibility, Limits & Examples
Click below:-
https://taxguru.in/income-tax/section-87a-rebate-tax-regime-eligibility-limits-examples.html?utm_source=follow.it
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United AIIea was formed on 1st july 1951 by left oriented patriots. Initialy clerical employees of private life insurers were afraid of joining any TU and so membership was in hundreds only. Nehru/Deshmukh promulgated nationalisation life insurnce in Jan’ 1956 and LIC was formed on 1.9.1956. As employees were relieved from Hire and Fire policy of private sector, they enrolled in it enmasse almost 100%. There mentors being Leninists declared armed struggle against newly formed Nehru Govt and failed miserably. They declared Communism can be achieved through parliamentary democracy and first success was in 1957 general elections in Kerala. Having brutal majority in LIC they launched struggle against inferior Main frames which was only an upgrade of Addressograph and Tabulating machines which was state of art at that time in private sector. It was not a Computer with Internet which came later after decades. But Conditioned members fully supported their mentors fearing retrenchment like in private sector. Nowhere in India there was retrenchment in public sector. Clerical workers in PSBS/SBI never bothered about it. They even not believed the written offer of no retrenchment with good number of promotions by LIC and became virulent anti- Govt till this day except a decade of corrupt UPA regimes and lost TU rights since 1981. There mentors never gave call to restore TU rights by passive resistance. Assistants were reduced to retire at the entry grade itself except some Chelas. They are getting present benefits by the grace of DFS which has a policy of implementing in LIC only after banking sector. AIIEA had become anti-worker/ anti- promotion/ anti-pension unlike “Oriental Life/SBI” since 1.9.56. So now not even a clerical member from new private life insurer after economic reforms joined Aiiea.
85% LIC pensioners as if they will fight and establish an utopia are crying about all kind of atrocities happening in India and blame GOI/ Judiciary for for all their corrupt thinking by forgetting that everyone betrayed their seniors while in service in promotion/ pension from 1.9.56 till this day at the command of their mentors to become propgandists/fake warriors of their ideology. They even abused a PM who gifted pension to all formal workers after 37 years of low wage with no pension. Unfortunately now they are awaiting the result of SINGLA case when LIC had given more than 10 lakh crores as windfall profit to GOI unlike bankrupt PSBs . Karma punished LIC pensioners for not questening their anti-worker TU which is anti-pension and its upgradation for the last 7 decades and supporting it till this day. Many are satisfied with present pension as third benefit as per the wishes of their mentors for the last 3 decades from zero on 31.10.93 gradually increasing to 100% as on this day. Commutation of one third basic pension is considered as second benefit, Then why cry day and night being inactive and refuse the use of passive resistance, but active in propagating destructive ideology of enemy nation of our motherland. Bank unions say that their pension fund is sufficient for UPGRADATION. In LIC pension fund yields lowest due to purchase of annuities and not by stocks/bonds. LIC/GOI argue unaffordability at judiciary which is accept ed so far. Only Maheshwari bench of SC told that it will decide on humanitarian grounds and not on any grounds including legal and heard for two days.One senior counsel scuttled it by use of word "Manipur". The bench decided not to take responsibility and let pensioners go to dogs. Unless In-service do continuous passive resistance for a long time, nothing will happen.
They abused Great KMLA the initiator of legal process and sucess in Rajasthan HC while keeping silence for decades and entered Delhi HC and spent nothing so far though having crores as legal fund. Legal process at SC will continue till all super senior pensioners are dead and recent pensioners will be awarded lakhs/crores unlike
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