Finance Ministry

Pensioners Life Certificate submission due date extended to 15-01-2017. Last date of November extended for government pensioners

Pensioners Life Certificate submission due date extended to 15-01-2017. Last date of November extended for government pensioners 

As per the Press Release of Ministry of Finance (Department of Economic Affairs) dated 13th Nov, 2016, in view of the problems faced by the citizens in the distribution of the new bank currency notes of the denomination of Rs. 500 and 1000, the Government  has taken few steps.

As per the said press release, the last date for submission of the annual life certificate for the government pensioners which is to be submitted in November every year has been extended up to January 15, 2017.

Note:
It is estimated that there are one crores pensioners in the Country and approx 50 lakh individuals draw pension from the Central Government and a similar number draw pension from State and Union Territory Governments. Several PSUs also provide pension benefits. Over 25 lakh retired personnel draw pension from the Armed Forces. As per the existing rules, pensioners are required to submit a copy of physical Life Certificate/digital Jeevan praman in November each year to ensure continuity of pension being credited into his/her account.

Share

Recent Posts

  • Income Tax

CIT notice u/s 263 quashed as AO rightly took DVO value of property as actual sale price

CIT Revision notice u/s 263 quashed as the Assessing Officer rightly taken DVO value of property sold as actual sale…

3 hours ago
  • GST

Extension of timeline for implementation of Ship To GSTIN & Voluntary Closure of E-Way Bill functionalities

Extension of timeline for implementation of mandatory "Ship To GSTIN" and Voluntary Closure of E-Way Bill functionalities GSTN Advisory dated…

3 hours ago
  • Income Tax

No protective addition required when additions is confirmed in hands of searched person – ITAT

No protective addition required in the hand of a third party when additions have been confirmed in the hands of…

1 day ago
  • arbitration

Limitation u/s 34 of Arbitration Act commences on disposal of application u/s 33 by Arbitral Tribunal – SC

Limitation for filing application u/s 34 of Arbitration Act commence from date on which application u/s 33 is disposed of…

5 days ago
  • Income Tax

Case remanded in absence of finding if disallowance u/s 40A(3) covered by Rule 6DD

Case remanded as no finding was given whether cash payments disallowed u/s 40A(3) were covered by Rule 6DD under Income…

6 days ago
  • Income Tax

For investment in share capital, source of investment is outside the control of the investee company

In case of investment in share capital, the source of investment may remain outside the control of the investee company.…

6 days ago