HGC 7 K 65 CBC
HGC 7 K 65 CBC
HGC 7 K 65 CBC
19/02/2024
Rahul K G
KOTTARATHIL HOUSE
ELLATHUPADI CHERUKAVU
AYIKKARAPPADI PO
Malappuram
Kerala-673637
India
: 9745069543
: speak2rahulk@gmail.com
Dear Rahul K G,
We certify that the premium(s) mentioned below have been received towards your insurance policy(s) held with us. The
Annual Premium Statement for your policy(s) as on 19/02/2024 is detailed below.
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
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.