Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 28 views

    Annual Premium Statement: Nagarajan K

    Uploaded by

    Rajan
    This annual premium statement provides details of Nagarajan K's life insurance policy with HDFC Life. It lists one policy, a HDFC Life Sanchay Plus plan with a quarterly payment frequency and a premium of 90,000 INR paid. It notes that the policy is in force and the premium qualifies for a tax benefit under Section 80C of the Indian Income Tax Act. It also lists taxes and levies of 2,028 INR paid. The statement includes several notes about applicable tax benefits and that taxes will be deducted according to prevailing law.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Annual Premium Statement: Nagarajan K

    Uploaded by

    Rajan
    28 views1 page
    This annual premium statement provides details of Nagarajan K's life insurance policy with HDFC Life. It lists one policy, a HDFC Life Sanchay Plus plan with a quarterly payment frequency and a premium of 90,000 INR paid. It notes that the policy is in force and the premium qualifies for a tax benefit under Section 80C of the Indian Income Tax Act. It also lists taxes and levies of 2,028 INR paid. The statement includes several notes about applicable tax benefits and that taxes will be deducted according to prevailing law.

    Original Title

    74afe37d-a961-40b5-9edb-cf80303d0e9f

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This annual premium statement provides details of Nagarajan K's life insurance policy with HDFC Life. It lists one policy, a HDFC Life Sanchay Plus plan with a quarterly payment frequency and a premium of 90,000 INR paid. It notes that the policy is in force and the premium qualifies for a tax benefit under Section 80C of the Indian Income Tax Act. It also lists taxes and levies of 2,028 INR paid. The statement includes several notes about applicable tax benefits and that taxes will be deducted according to prevailing law.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    28 views1 page

    Annual Premium Statement: Nagarajan K

    Uploaded by

    Rajan
    This annual premium statement provides details of Nagarajan K's life insurance policy with HDFC Life. It lists one policy, a HDFC Life Sanchay Plus plan with a quarterly payment frequency and a premium of 90,000 INR paid. It notes that the policy is in force and the premium qualifies for a tax benefit under Section 80C of the Indian Income Tax Act. It also lists taxes and levies of 2,028 INR paid. The statement includes several notes about applicable tax benefits and that taxes will be deducted according to prevailing law.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    PSRL225024022029

    CANA |

    Annual Premium Statement

    03/01/2023

    Nagarajan K
    13-5-51 Anna Nagar
    Mettu Street
    Anaiyur
    Madurai
    Tamil Nadu-625017
    India
    : 9894808290
    : rajan.er156@gmail.com

    Dear Nagarajan K,

    We certify that the premium(s) mentioned below has/have been received towards your insurance policy(s) held with us. The
    Annual Premium Statement for your policy(s) as on 31/03/2023 is detailed below.

    SUMMARY - Client ID: GO185828

    Tax benefit
    Benefit Opted available
    Payment For and Premium under the
    Policy No. Plan Name Product UIN Life Assured Name Policy Status Frequency Paid (INR)
    Tax Details Income-tax
    Act, 1961

    HDFC Life Sanchay


    Plus Death Benefit 90000.00 Section 80C
    23409572 HDFC Life Sanchay Plus 101N134V07 Nagarajan K In Force Quarterly

    Taxes and
    Levies as applicable 2028.00 -

    NOTE:

    n As per section 10(10D) of the Income-tax Act, 1961, any sum received under a Life Insurance Policy will be exempt subject to conditions
    specified therein.
    n Tax benefit under Section 80C and 80 CCC of the Income-tax Act, 1961 is available to an individual or HUF for premium paid towards Life
    Insurance or Pension Policy, subject to the conditions / limits specified therein.
    n Tax benefit is available to an individual or HUF under Section 80D of the Income-tax Act, 1961 for Health Insurance Premium (including CI
    rider premium) paid subject to the conditions / limits specified therein.
    n A significant part of the benefits is not available as a lump sum but would need to be mandatorily taken as Annuity from HDFC Life.
    n Tax will be deducted at the applicable rate from the payments made under the Policy, as per the prevailing provisions of the Income-tax Act,
    1961.
    n Taxes and Levies for ULIP Plans are deducted through cancellation of units.
    n The above mentioned tax benefits are subject to changes in the tax laws. Please consult your tax advisors to confirm the applicability of the
    tax benefits at your end. Taxes and levies will be applicable as per prevailing tax laws.

    ********This is an electronically generated statement and does not require a signature.********

    You might also like