Friday, April 18, 2014

RETIREES OBLIGATIONS

OBLIGATIONS ON THE PART OF THE RETIREES

1. To submit LIFE CERTIFICATE once in a year during the month of November to the branch from where they are drawing pension.  This life certificate should be forwarded by the respective branches to HRMS department of their Zonal Office, for entering the date in the system.  If not, the payment of  pension would be stopped from the month of January.

 

2. To submit IT declaration form every year during the month of April.

 

3. To submit form 15G/H every year during the month of April, if the pensioner does not want TDS on interest on the Term Deposit, if the taxable income is within the income tax limit.

1 comment:

  1. Congratulations to Mr. Varadarajan for starting the blog and providing useful information to retired employees! It would be nice if details of certain other benefits to retired employees are also given, e.g. the retired employees would be considerably benefited if they are informed/reminded about the facility of Holiday Homes, giving all details, including a list of Holiday Homes run by the Bank, where and whom to apply to for reservation of rooms etc.
    Shyam Phatak, Mysore

    ReplyDelete