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Premium Paid Certificate

Date : 29-NOV-2015

Mr Shoeb Ahmed Siraj Ahmed Ansari


A/404 Sharifa Road Amrut Nagar KAUSA MUMBRA
THANE - 400612 MAHARASHTRA
Ref: Policy No. 00779114
Your Policy details are as below Policy
Issue Date : 25-FEB-2015 Payment Mode :
Yearly

Coverage

BSLI Easy
Protector

Sum Assured
(Rs.)

550500.00

Modal
Premium

50100.92

Service
Tax

Education
Modal
Cess
Premium With
Service Tax &
Cess(Rs.)

1097.75

0.00

51,198.67

Coverage Status

Premium paying
(Maturity)

This is to certify that the following amounts have been received towards premium
for the above policy for the
period 25-FEB-2015 to 24-FEB-2016.

Total Premium Received


Between
25-FEB-2015 To 24-FEB-2016

Premium (Rs.)
50100.92

Service Tax
(Rs.)
1097.75

Education
Cess (Rs.)

Modal Premium with


SerTax & Cess (Rs.)

0.00

51,198.67

Note
Income Tax benefits under Income Tax Act, 1961 ('Act') for premiums paid towards
Birla Sun life Insurance products for the
current financial year:
1.
2.
3.
4.

5.

Premium paid for life insurance plans and accidental death rider is eligible for
deduction under Section 80C of the Act.
Deduction under Section 80C is available for the amount of premium paid in the
current financial year.
Contribution towards pension fund is eligible for deduction under Section 80CCC of
the Act.
The overall limit prescribed for deduction available under Section 80C, Section
80CCC and Section 80CCD of the Act
is Rs.1, 50,000.
Premium paid for Health Insurance policies and Health riders like Critical Illness
rider and Surgical Care rider is eligible
for deduction under Section 80D of the Act up to maximum of Rs. 15,000/- or Rs.
20,000/-for senior citizens. In addition
to this, if the premium has been paid to insure parents is eligible for deduction
under section 80D of the Act up to Rs.
15,000/- or Rs. 20,000/-for senior citizens.
The Annual premiums shown in the table is inclusive of coverage premium paid
towards Riders (if any).

This letter is based on our understanding and interpretation of laws and does not
express any opinion. Tax benefits are
available subject to fulfillment of conditions specified in the respective sections
and to the extent of extant laws. As per the
Current provision of Section 194DA of the Act; the policy proceeds are subject to
TDS if conditions prescribed under Section
10(10D) are not met. This is generic information of Tax laws. Please consult your
tax advisor before taking the final position
regarding tax benefits. We do not accept any liability arising from the use of this
document. The recipients of this material
should rely on their own investigations.

THIS IS A COMPUTER GENERATED STATEMENT AND DOES NOT REQUIRE A SIGNATURE

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