https://www.taxtmi.com/acts?id=53559 Trustees must provide annuities to beneficiaries either by entering into an insurance scheme with the Life Insurance Corporation or another insurer, or by accumulating contributions and purchasing an annuity on retirement, death, or earlier incapacitation of an employee. The rule does not apply to an irrevocable trust fund whose sole purpose is payment of pension or family pension under specified banking and financial institution enactments. en-us Fri, 20 Mar 2026 18:47:38 +0530 Wed, 08 Apr 2026 17:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53559 Trustees must provide annuities to beneficiaries either by entering into an insurance scheme with the Life Insurance Corporation or another insurer, or by accumulating contributions and purchasing an annuity on retirement, death, or earlier incapacitation of an employee. The rule does not apply to an irrevocable trust fund whose sole purpose is payment of pension or family pension under specified banking and financial institution enactments. Act-Rules Income Tax Fri, 20 Mar 2026 18:47:38 +0530 https://www.taxtmi.com/acts?id=53559