Rural Postal Life Insurance

Clarification / guidelines regarding deduction of TDS on payment of PLI/RPLI policies, as applicable, under section 194DA of IT Act 1961 – Dated 22.09.2023

DaakGuru1 year ago1 year ago04 mins

No. 65-02/2023-LI Govt. of India Ministry of Communications Department of Posts Directorate of Postal Life Insurance Chanakyapuri PO Complex, New Delhi-110 021. Dated 22.09.2023 To All Heads of Circle Subject: Clarification / guidelines regarding deduction of TDS on payment of PLI/RPLI policies, as applicable, under section 194DA of IT Act 1961.reg. Kindly refer to this…

Settlement of Postal Life Insurance Claim in case of Suicide

DaakGuru1 year ago1 year ago02 mins

Suicide Cases: In the event of an insured person committing suicide any time after the date of acceptance of the policy (whether sane or insane at that time) and after having paid his first premium in full but not after expiry of two years from such date of acceptance or payment of first premium whichever…

Settlement of Postal Life Insurance death claim cases of murder of the insured committed by the nominee(s) or any legal representative(s)

DaakGuru1 year ago1 year ago02 mins

Settlement of death claim cases of murder of the insured committed by the nominee(s) or any legal representative(s) If the policy holder is murdered by any of the legal representative/ nominee(s), the policy money shall not be paid to the murderer even if he/she is acquitted by the competent court of law by giving him/…

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