Assurance benefit to whom payable

Assurance benefit to whom payable https://www.taxtmi.com/acts?id=54701 Assurance benefit is payable to the provident fund nominee. If no nomination exists or it covers only part of the amount, the whole amount or uncovered balance is payable equally to family members; otherwise, it is payable to the legally entitled person. A claimant charged with murdering or abetting the murder of the member is suspended pending criminal proceedings. Conviction disqualifies the claimant, while acquittal permits payment. A posthumous child born alive is treated as a surviving child. en-us Sat, 04 Jul 2026 12:54:16 +0530 Thu, 06 Aug 2026 16:10:06 +0530 TaxTMI RSS Generator Assurance benefit to whom payable https://www.taxtmi.com/acts?id=54701 Assurance benefit is payable to the provident fund nominee. If no nomination exists or it covers only part of the amount, the whole amount or uncovered balance is payable equally to family members; otherwise, it is payable to the legally entitled person. A claimant charged with murdering or abetting the murder of the member is suspended pending criminal proceedings. Conviction disqualifies the claimant, while acquittal permits payment. A posthumous child born alive is treated as a surviving child. Act-Rules Labour laws Sat, 04 Jul 2026 12:54:16 +0530 https://www.taxtmi.com/acts?id=54701