LIAFI-SG/CG-070/14 22
August 2014
Smt. Nirmala Sitharaman,
Misnister of State for Finance,
Camp Visakhapatnam
Respected Madam,
Sub: Issues concerning LIC Agents-reg.
We
are representing around 11 lakh LIC Agents off our Country. We have issues to
be addressed by the Ministry of Finance. The previous Government could not find
solution to the following issues.
Gratuity: LIC recommended to GOI for enhancing gratuity of LIC Agents from Rs. 2 Lakh to Rs. 3
Lakhs. The decision is pending with Ministry of Finance since two years. Kindly expedite the enhancement.
Professional Recognition: Though
we are also professionals, we are not recognised by GOI like Engineers,
Doctors, Advocates, and Chartered Accountants etc. Many state Governments are
forcibly collecting Professional Tax from us with out any recognition. We request you to recognise Insurance
Agents (including Private) as professionals.
Welfare Fund: Agents are not
covered under any welfare measures. The Management refused to earmark Rs. 100
Cr. one time for Welfare Fund. This
refusal was tabled in Parliament when a Private Member raised this issue. We request you to create Welfare Fund for
Agents.
We
hope you will bestow special attention to solve these issues.
Thanking
you,
Sincerely
yours,
For
Life Insurance Agents’ Federation of India
Secretary
General
vinay mohanty
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