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News

Call for collection of levy from each and every member in their area

20/01/2021 02:10 Author

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Comrades, you will agree with us that running a organization is a mammoth task

and it also needs huge funds to maintain such a big organization. Normally AIBEA

do not believe in collections but it is a tradition that AIBEA collects levy at a

nominal rate from the comrades when they are paid arrears. Accordingly, this time

also we request the Unit Secretaries and Presidents to collect Levy @ 4% of Net

arrears payable, after deducting Provident Fund Contribution but before deducing

income tax. We are proud of UCO Bank Comrades, who are always ahead in

implementing each and every call of AIBEA. It is sacred duty of all of you to pay levy

@ 4%. Office Bearers and CC Members have special responsibility to ensure that

levy from each and every member in their area is collected as per guidelines given

in this circular.

Unit Secretaries and Presidents are advised to obtain letter of authority from each

and every comrade to deduct levy @ 4% from the net arrears payable to them for the

period November 2017 to December, 2020, after deducting PF contribution but before

paying Income Tax. It must be ensured that levy is deducted immediately upon

payment of arrears at the branches and the same credit amount to SB A/c

01050100013635 with Civil Lines Jalandhar Branch.

The levy so collected as above will be apportioned as under will be remitted to apex

bodies by central office.

*For AIBEA :20% *For Sate Federation:40% * For Base Unions :40%

We are enclosing herewith proforma which should be sent to us while remitting levy

incorporating therein details of amount collected from members.

Click here to download Performa

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