I think my comments were not properly understood by the group. May be I have not spelt out it properly.
1. A person who retires without pension benefit will receive some fund from the organisation.
2. He has to either invest it in bank deposits or shares or deal in some kind of trading.
3. Many of the our country men /women are not intelligent enough to keep their money in shares and /or enter some trade after their retirement.
4.They mainly depend on bank interest.
5. The government can think of standard rate of interest for these people without volatality in interest rates very often in the banks deposits.
6. Government may also think of not taxing these retirees upto an interest gain of atleast Rs. 25000/- per month on such deposits.
If this minimum things are given to these poor retirees there will be some meaning of helping the senior citizens of the country.

I think I am some what clear now I wish this group to think on the above points and I definetly know there will be some influential people in the group and they can talk to the Ministry of Finance, and their help will be remembered by lakhs of this country:s senior Citizens. more  

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Yes , you may contact us for New Pension Scheme , We are having a wealth management co. Our contact No. 8010007700 or email : rajeev@pticindia.com www.pticindia.com, www.allin1policy.com more  
Retired persons must be covered under free medical coverage and social security if possible more  
a good and novel idea. Those who opt can be protected with health insurance along with lifetime pension benefit. more  
WE CAN LINK INCOME TAX WITH SOCIAL SECURITY --- FUNDAMENTAL CHANGE IN INCOME TAX , WE CAN LINK THE INCOME TAX - WITH SOCIAL SECURITY , BY CREATING ONE MORE CIRCLE , " VOLUNTARY SCHEME " . THE" VOLUNTARY SCHEME " MEANIES FOR - EXAMPLE TAX CALCULATED FOR "A" IS RS 1 LAKE , HE MAY PAY EXTRA 25% MORE TO TAX , LIKE RS 1.25 LAKE AND HE MUST COVER UNDER " SOCIAL SECURITY GROUP" AND IT COULD BE CONTINUE TILL "A" PAYS THE INCOME TAX AFTER THE AGE OF 60/65 YEARS OR IN ANY OTHER CASE OR NATURAL CALAMITY OR UNTOWARD INCIDENT HAPPEN LIKE DISABLED AND CAN NOT WORK ANY MORE IN THAT SITUATION THE ENTIRE CONTRIBUTION TO INCOME TAX WHAT HE PAID TILL THAT DATE THE GOVERNMENT SHOULD PAY THE " INTEREST" ON THAT TOTAL , AMOUNT AND THE INTEREST INCOME MUST BE TAX FREE FOR HIS SURVIVAL TILL LAST more  
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