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What is the limit of PANCARD regarding payment to Life Insurance company ?

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Chapter No. 11 - PERMANENT ACCOUNT NUMBER [SECTION 139A and RULE 114]

 

  1. What is the limit of PANCARD  regarding payment to Life Insurance company ?

   Payment of an amount aggregating ₹ 50,000 or more in year as life insurance premium to an insurer asdefined in section 2(9) of the Insurance Act, 1938 read with section  [139A(5)c) and Rule 114B].

 

Dated: 15-12-2015



 

 

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