Assurance benefit to whom payable

Assurance benefit to whom payable https://www.taxtmi.com/acts?id=54701 The assurance benefit is payable to the nominee or nominees named by the member under the provident fund nomination, and such nomination is treated as a nomination under this scheme. If no nomination subsists, or if it covers only part of the credited amount, the remaining amount is payable to the family in equal shares. In the absence of both nomination and family entitlement, the amount is payable to the person legally entitled to it. A person charged with the murder of the member, or abetment of that offence, has the claim suspended until the criminal proceedings conclude. en-us Sat, 04 Jul 2026 12:54:16 +0530 Mon, 06 Jul 2026 16:25:50 +0530 TaxTMI RSS Generator Assurance benefit to whom payable https://www.taxtmi.com/acts?id=54701 The assurance benefit is payable to the nominee or nominees named by the member under the provident fund nomination, and such nomination is treated as a nomination under this scheme. If no nomination subsists, or if it covers only part of the credited amount, the remaining amount is payable to the family in equal shares. In the absence of both nomination and family entitlement, the amount is payable to the person legally entitled to it. A person charged with the murder of the member, or abetment of that offence, has the claim suspended until the criminal proceedings conclude. Act-Rules Labour laws Sat, 04 Jul 2026 12:54:16 +0530 https://www.taxtmi.com/acts?id=54701