SC: Recoveries U/S 27 of Evidence Act Alone Cannot Sustain Conviction; 1988 Murder Acquittal Restored || SC: Successive Impleadment Applications are Barred by Res Judicata under Different CPC Provisions || Supreme Court Halts Coercive Measures in CJP Protest Cases, Directs Release of Minors || Supreme Court: National Commission for Scheduled Castes Lacks Power to Pass Binding Orders || Bombay HC: Alleged Illegal Arrest Alone Cannot Trigger Contempt Action Against Police || Bombay HC Quashes Order against Taiwan National, Says Online Study Didn't Breach Visa Rules || P&H High Court Issues Directions on LADC Scheme After Reviewing Lawyers' Objections || Allahabad HC: Suspension of Sentence Plea Need Not Take Priority if Appeal is Ready || Allahabad High Court: Surcharge Recovery From Pradhan Must Follow Panchayat Raj Act Procedure || Allahabad HC Directs IB Probe into 4 Lucknow Lawyers, Raises Concern over Lawyer-Police Nexus

Jeevan Akshay-VII Plan of the Life Insurance Corporation of India specified as the annuity plan of the Life Insurance Corporation of India- (Ministry of Finance ) (07 Dec 2021)

MANU/CBDT/0147/2021

Insurance

In exercise of the powers conferred by clause (xii) of sub-section (2) of Section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Jeevan Akshay-VII Plan of the Life Insurance Corporation of India, as filed by that Corporation with the Insurance Regulatory and Development Authority, as the annuity plan of the Life Insurance Corporation of India for the purposes of the said clause for the assessment year 2021-22 and subsequent years.

Tags : PLAN ANNUITY PLAN LIFE INSURANCE

Share :