Insertion of new Third Schedule
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....ered, the following Schedule shall be inserted, namely :- "THE THIRD SCHEDULE (See section 3G) MATTERS TO BE PROVIDED FOR IN THE COAL MINES DEPOSIT-LINKED INSURANCE SCHEME 1. The employees or class of employees who shall be covered by the Insurance Scheme. 2. The manner in which the accounts of the Insurance Fund shall be kept and the investment of moneys belonging to the Insurance Fund, su....
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....iately preceding his death or more than rupees ten thousand. 7. The minimum average balance to be maintained by an employee in the Fund to make him eligible for the benefits under the scheme. 8. The manner in which the amount due to the nominee or the member of the family of the employee under the scheme is to be paid including a provision that the amount shall not be paid otherwise than in th....


TaxTMI
TaxTMI