https://www.taxtmi.com/news?id=19234 A government-backed annuity scheme provides assured pension for senior citizens through an insurer with a government guarantee; a government-paid subsidy covers any shortfall between insurer returns and the assured return. Pension payments are made at subscriber-selected frequencies during the policy term. The scheme sets minimum and maximum purchase thresholds tied to corresponding pension levels, is exempt from goods and services tax, and is open for subscription within a prescribed enrollment window. en-us Fri, 22 Dec 2017 16:46:25 +0530 Fri, 22 Dec 2017 16:46:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19234 A government-backed annuity scheme provides assured pension for senior citizens through an insurer with a government guarantee; a government-paid subsidy covers any shortfall between insurer returns and the assured return. Pension payments are made at subscriber-selected frequencies during the policy term. The scheme sets minimum and maximum purchase thresholds tied to corresponding pension levels, is exempt from goods and services tax, and is open for subscription within a prescribed enrollment window. News - Fri, 22 Dec 2017 16:46:25 +0530 https://www.taxtmi.com/news?id=19234