The CG hereby specifies the New Jeevan Dhara-I and New Jeevan Akshay-I Plans of the Life Insurance Corporation of India, as filed by that Corporation with the Insurance Regulatory and Development Authority - 053/2003 - Income Tax Act, 1961
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Annuity plan designation: New Jeevan Dhara-I and New Jeevan Akshay-I specified as annuity plans, effective on Gazette publication. The Central Government specifies the New Jeevan Dhara-I and New Jeevan Akshay-I plans of the Life Insurance Corporation of India as annuity plans under clause (xiiia) of sub section (2) of section 88 of the Income tax Act, based on their filing with the Insurance Regulatory and Development Authority; the specification takes effect from publication in the Official Gazette.
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Annuity plan designation: New Jeevan Dhara-I and New Jeevan Akshay-I specified as annuity plans, effective on Gazette publication.
The Central Government specifies the New Jeevan Dhara-I and New Jeevan Akshay-I plans of the Life Insurance Corporation of India as annuity plans under clause (xiiia) of sub section (2) of section 88 of the Income tax Act, based on their filing with the Insurance Regulatory and Development Authority; the specification takes effect from publication in the Official Gazette.
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