12 Saturday Mar 2016
Posted in AIBDPA - BSNL DOT Pensioners, Pension
A meeting of Bharat Central Pensioners Confederation (BCPC) will be held at New Delhi on 16-04-2016. Notice has been issued by the President Shri Maheswari. BCPC has been non-functional since the demise of Com.S.K.Vyas, Secretary General of BCPC last year. The meeting is being held to revive BSNL.
12 Saturday Mar 2016
Posted in Telecom
Tags
The story of the private telecom companies cheating the government of its due taxes continues. Latest is the report of the CAG that the private telcos including Airtel, Vodafone, Idea, RCom, Tata have all cheated the government of taxes of about 12,488.93 crore. This is done by understating the revenue of about Rs. 46,045.75 crore.
The government should act immediately and collect the due taxes.
12 Saturday Mar 2016
Posted in General
Tags
The arrears of tax to be collected is increasing from year to year. Rs. 8.9 lakh crores is the tax arrears to be collected in 2014-15. It is to be noted that out of this, Rs. 7 lakh crore is direct taxes. The CAG has severely criticised for not collecting these.
it is understood that most of these arrears are from the big business and the corporates. Not only cheating the banks as in the case of Vijay Mallya, but also cheating the government. The government machinery is partly responsible for this ugly situation.
12 Saturday Mar 2016
Posted in CG Employees, General, TU News - India
Press reports indicate that the EPFO is examining whether the interest rate for 2015-16 can be increased from the declared 8.8%. The Central trade Unions have been demanding that it should be increased to 9.5%. Now it is understood that EPFO is considering of increasing the same to 8.9%. Our demand is that since there is a surplus of more than Rs.1,100 crore is available, 9.5% should be granted.
11 Friday Mar 2016
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According to Anupam Shrivastava, CMD BSNL, BSNL is open to spectrum sharing and some discussions are going on with Airtel for the same. It is for four circles and according to the CMD, it may be finanlised by June this year. This information is published in the Business Line dated 11-03-2016.
Full details are, however, not available. Whether this will benefit BSNL or not can be understood, when all the details are available.
11 Friday Mar 2016
116 Public Sector enterprises have spent a total of Rs.2,440 crores towards Corporate Social Responsibility programme during 2014-15. This was announced by Anant Geete, Heavy Enterprises and Public Enterprises Minister, in Parliament yesterday, 10th March 2016. This is a good amount spent towards many social activities beneficial to the people. While private companies somehow escape themselves from utilising CSR, Public sector is in the forefront. We congratulate the PSUs for this good effort.
11 Friday Mar 2016
Posted in General, TU News - International
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Siemens, which is the German based engineering MNC, has stated that it will slash about 2,500 jobs, which means retrenchment of so much existing workers.
This is an indication of the worldwide reduction of work force. The MNCs in India have been retrenching the workers in a big way and struggles continue against the same.
10 Thursday Mar 2016
Posted in Uncategorized
As per an answer furnished to Parliament by Jayant Sinha, Minister of State Finance, the corporates have to pay an arrear of Rs. 4,18,399 crore tax to the Government as on January 2016.
Govt. wants to impose tax on the workers’ hard earned EPF fund, but takes no action against the big corporates who have cheated the government Rs.41.18 crores.
Of course, it is the government of the corporates, by the corporates and for the corporates.
10 Thursday Mar 2016
Posted in General
Tags
Kingfisher owner Vijay Mallya left the country not only cheating the PSU Banks, but also cheated his own employees. While he cheated the PSU Banks thousands of crores of rupees by not repaying the loans, he cheated the workers about more than Rs. 300 crores by not paying their due wages.
The more than 3000 workers have not received their salaries for many months. While the workers do not get their salaries, the owners manage with out losing any single paise and escape to safety. Government looks on without taking any action.
10 Thursday Mar 2016
The Communications Minister Ravi Shankar Prasad informed Lok Sabha today, 10th March 2016, that BSNL has a debt of Rs. 7,666 crore and for MTNL a debt of Rs. 13,530 crore. He also mentioned that these debts have arisen due to the purchase of spectrum. BSNL was compelled to pay Rs. 18,500 crore for spectrum, both BWA and 3G Spectrum and MTNL Rs. 11,097 for the same spectrum. BSNL has returned the BWA spectrum, but the amount of more than Rs.6,600 crore is yet to be paid back by government. For purchasing the spectrum the PSUs took the above loans.
What the government should do is to refund the charges for spectrum which has been returned already by BSNL as also Rs. 1,250 crore from USOF which is pending payment for more than two years.
