It has come to notice that fraudulent persons are making telephone calls to air veterans informing them about large amount of money payable to them from AFGIS and requiring them to remit some advance amount etc.
Air Force Group Insurance Society , which is registered under the Societies Registration Act (XXI of 1860). It came into force wef 01 Nov 1975. The Society is established by Armed Forces of the Union (Air Force) for the welfare of the past and present members and their dependants.
The Registered Office of the Society is situated at Delhi and its present address is Air Force Group Insurance Society Bhawan, Subroto Park, New Delhi - 110 010.
Address : AIR FORCE GROUP INSURANCE SOCIETY
AFGIS BHAWAN, SUBROTO PARK,
NEW DELHI - 110 010
E-Mail Address (Public Internet): firstname.lastname@example.org
FAX No. : 011-25691182
Designation Name AFNET Landline No Mobile No Principal Director Air Cmde SK Rattani 23307500
011-25694415 7835063701 Secretary Gp Capt S Y Jog 23307504
011-25694068 7835063702 Joint Director (Finance) Wg Cdr S Dasgupta 23307510 011-25695414 7835063704 Joint Director (Systems & Contribution) Wg Cdr CP Gupte 23307525 011-25684572 7835063703
Section/Designation AFNET/WAC Landline No Mobile No PS to Principal Director
011-25694415 ---- PA to Secretary WAC/5172 011-25694068 ---- Enquiries and Reception 23307511 011-25683995
---- Claims Dept (Death/Disability/Final Withdrawal)
Survival Benefit Section
23307512 7835063035 IAF Social Security Deposit Scheme(IAFSSD) ---- 7835063040 Loans (HBL / MCL / PCL) Dept ---- 7835063031 ECHS Bus Service, Adm and Accounts Dept 23307513 ---- EDP Dept and Registry Dept 23307526 ----
PRIC and Nomination Dept
Loan Recovery (HBL/MCL/PCL
Medical Insurance Scheme (MIS)
Board of Trustees
AOA Chairman DCAS Member AOP Member AOM Member DG (I&S) Member ACAS (Accts) Member Principal Director AFGIS Member Secretary
Principal Director AFGIS Chairman JDPS Member JDPO Member JDPA Member JD Accts Member JD Edn Memer JDGMS (Air) MB Member Secretary AFGIS Member JD (Finance) AFGIS Member Secretary
The objects, as stated in the Memorandum of Association, are as follows:-
To Members. All contributions made by members towards life insurance are to be treated as insurance premium and would qualify for relief under Section 80C of Income Tax Act, 1961.
To the Society. All incomes received by the Society are eligible for exemption under the provisions of Section 10 (23) (c) (iv) and Section 10 (23 AA) of Income Tax Act, 1961.
On Interest Earnings. Ministry of Finance have issued Notification vide F 275/29/85 IT (B) dated 05 Jun 85 extending the exemption under Sub Section 3 of Section 194A of IT Act to Air Force Group Insurance Society. Accordingly, no income tax will be recoverable by Companies and Banks on the interest payable to the Society.
Foreclosure of Deposits with Companies without penalty. Gazette Notification No. 482 (E) dated 05 Jun 85, has been issued by the Government stating that deposits made by Air Force Group Insurance Society could be foreclosed during National Emergency before the expiry of maturity date and provisions of Rule 8 of Acceptance of Deposits Rules, 1975 regarding penalty clause would not apply in such contingencies. This has been made applicable for deposits made earlier to 05 Jun 85 also.