Professional Documents
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Note:
· In case you have chosen ECS as premium payment mode, then you have the facility to withdraw ECS option within a period of 15 days prior to due date at no
charge
· The TDS u/s 194DA of Income Tax Act, 1961 is applicable if any amount paid/withdrawn under the policy, if the policy at time of payment falls within the
purview of section 194DA. Hence please visit the nearest branch to update your PAN details, to avoid higher rate of tax i.e. 20% u/s 206AA. If you wish to avail
benefit u/s 197A(1) , 197A(1A) & 197A(1C) of Income Tax Act, 1961 then please submit Form 15G & Form 15H
· Cheque/Autopay payments are subject to realisation and amount received in Company's account
· Premium payment(s) exclusive of Goods and Services Tax to Future Generali India Life Insurance Company Limited are eligible for tax benefit(s) u/s
80C/80CCC(1)/80D as applicable subject to satisfaction of the conditions specified under Income Tax Act, 1961
· Stamp Duty of Rs. 1/- is paid as provided under Article 53(A) of Indian Stamp Act, 1899 and included in Consolidated Stamp Duty Paid to the Government of
Maharashtra Treasury vide Order of Addl. Controller Of Stamps, Mumbai at General Stamp Office, Fort, Mumbai - 400001., vide this Order
No.(LOA/CSD/583/2023/Validity Period Dt.26/01/2023 To Dt.31/12/2025/337123 Date : 24/01/2023) applicable only if the receipt amount is equal to or greater
than Rs 5000
· The rate of the Goods and Services Tax is charged as per prevailing rate. Tax laws are subject to amendments from time to time.
· HSN/SAC- 997132 Life Insurance Services (excluding Reinsurance Services)
"We hereby declare that though our aggregate turnover in any preceding financial year from 2017-18 onwards is more than the aggregate turnover notified under
sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, we are not required to prepare an invoice in terms of the provisions of the said
sub-rule.”