* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE MUSIC IS RISING IN CRESCENDO !

Saturday, May 07, 2016

Comments


7 May 16, 12:22 PM

B Ganga Raju: Regarding I.R.Payment. It was normal practice for LIC to treat any payment as having been made on the date it is entered in Cash Paid Books and bank account entry is made. It should not be a matter of worry if the recipient receives it one or two days later. More so with electronic transfers now. (2) The more important aspect is how LIC is quantifying 40 per cent IR.  (3) In Mathematics text books first the theory appears followed by "book works" i.e., examples that show how the theory is put to use.Will some experts provide worked out examples of how to arrive at 40 per cent according to their understanding? (4) Going by the past unpleasant experience of 20 % can we expect our bosses to learn their arithmetic afresh?


7 May 16, 03:54 PM

M.SREENIVASAMURTY: Regarding 40% IR payment, those of you who have not seen the 'inputs' provided by CO ER Dept to its IT Dept to prepare 'module' may now pl see. It indicates how cleverly LIC is going to cheat our OLDER pensioners again. Friends, don't be disheartened with the raw deal. Be prepared to to continue the fight for TOTAL justice.. We will be busy in Delhi HC and again in SC in parallel fight. We have no choice.