Annual Subscription for the Financial Year 2020-21 is required to be paid by Members by 1st April 2020.
Start Date
31 January 2020, 12:00 am
Dear Member,
Annual Subscription for the Financial Year 2020-21 is required to be paid by Members by 1st April 2020.
Revision of Annual Subscription Fee
Consequent to the application of 7th Central Pay Commission pay-scales and other payments to the Centre’s staff there has been very significant increase in the expenditure on salaries and wages. To meet the increased expenditure, as well as the progressive inflation, it has been decided to marginally increase the annual Subscription Fee for all categories of Members, w.e.f. 1st April 2020. The revised rates are indicated at Appendix I.
Members will be happy to learn that the Centre would, w.e.f. 1st April 2020, start providing the IIC Quarterly to all categories of membership free of charge.
Annual Subscription
Members are requested to pay Annual Subscription for 2020-21 on or before 1st April 2020. Please write (i) Your Membership number; and (ii) “Annual Subscription for the year 2020-21” on the reverse of the cheque. In case you choose to make electronic/ online payment, please inform the Accounts Department that the amount being deposited is towards “Annual Subscription for 2020-21.”
For information of Members, an extract of Rule 9 of the Memorandum of Association and Rules & Regulations is as below:
“Subscription towards membership are payable in advance for each financial year and shall be due for payment on the 1st April of each year. It shall be the responsibility of the members to ensure due and timely payment of subscriptions.
(Kanwal Wali)
Secretary
Note: GST shall be charged extra, as per obtaining rates
Annual Subscription for the Financial Year 2020-21 is required to be paid by Members by 1st April 2020.
Revision of Annual Subscription Fee
Consequent to the application of 7th Central Pay Commission pay-scales and other payments to the Centre’s staff there has been very significant increase in the expenditure on salaries and wages. To meet the increased expenditure, as well as the progressive inflation, it has been decided to marginally increase the annual Subscription Fee for all categories of Members, w.e.f. 1st April 2020. The revised rates are indicated at Appendix I.
Members will be happy to learn that the Centre would, w.e.f. 1st April 2020, start providing the IIC Quarterly to all categories of membership free of charge.
Annual Subscription
Members are requested to pay Annual Subscription for 2020-21 on or before 1st April 2020. Please write (i) Your Membership number; and (ii) “Annual Subscription for the year 2020-21” on the reverse of the cheque. In case you choose to make electronic/ online payment, please inform the Accounts Department that the amount being deposited is towards “Annual Subscription for 2020-21.”
For information of Members, an extract of Rule 9 of the Memorandum of Association and Rules & Regulations is as below:
“Subscription towards membership are payable in advance for each financial year and shall be due for payment on the 1st April of each year. It shall be the responsibility of the members to ensure due and timely payment of subscriptions.
(Kanwal Wali)
Secretary
Appendix I
Revised Subscription Fee: with effect from April 2020 |
Category |
Revised Subscription Fee (Rs.) |
Individual Member a. Honorary Member b. Foundation Member c. Life Member d. Member e. Member (age 70 & above-outside NCR) f. Member (age 90 & above) g. Associate Member h. Associate member (age 70 & above-outside NCR) i. Associate member (age 90 & above) j. Overseas Associate Member k. Overseas Associate (age 70 & above outside-NCR) l. Short Term Associate Member |
N/A N/A N/A 6,000 3,500 2,000 6,000 3,500 1,700 US$ 720 US$ 635 6,000 |
Temporary Members (i) Indian ₹ 600 upto one month (only for stay in IIC Hostel) and ₹ 1500 per month (subject to a maximum of 3 months) (ii) Foreigners US $40 upto one month (only for stay in IIC Hostel) and ₹4500 per month (subject to a maximum of six months/one year) |
|
Institutional Members Corporate Foundation Members Statutory Bodies Non Statutory Bodies Corporate Members (i) Universities including Deemed Universities (ii) Educational/Research/Cultural Institutions other than Universities ‘ (iii) Institutions other than Educational, Research & Cultural (iv) Foreign Institution Corporate Associate Members Universities including Deemed Universities Educational/Research/Cultural Institutions other than Universities Institutions other than Educational, Research & Cultural Foreign Institutions |
60,000
60,000
60,000
1,00,000
2,40,000
3,25,000 37,000 62,000 1,35,000 US$ 5,670 |
Note: GST shall be charged extra, as per obtaining rates