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<h1>Tata AIG Easy Retire Annuity Plan Approved u/s 80C(2)(xii) of Income-tax Act, 1961; Effective Upon Gazette Publication.</h1> The Central Government, under the authority of section 80C(2)(xii) of the Income-tax Act, 1961, has specified the Tata AIG Easy Retire Annuity Plan from Tata AIG Life Insurance Company Limited as an approved annuity plan. This plan has been approved by the Insurance Regulatory and Development Authority as of November 23, 2007. The notification, identified as No. 80/2010 and dated October 19, 2010, will be effective upon its publication in the Official Gazette. A correction was made in 2011 to replace a reference to ICICI Prudential Life Insurance Company Limited with Tata AIG Life Insurance Company.