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Tuesday, January 6, 2015

அன்பார்ந்த தோழர்களே !

       1.   நமது மத்திய சங்கத்தின் சார்பாக 2015 டைரி வேண்டுவோர் கோட்ட செயலரை தொடர்பு கொள்ளவும் .HAND BOOK - 2015



SUBSIDIARY COST IS RS. 90/- + (Postage Extra)
2.PLI /RPLI  பிரிமியம் கவுன்டரில் வாங்கும் போது சர்வீஸ் டாக்ஸ் சேர்த்து வாங்க வேண்டும் .இது 01.01.2015 முதல் நடைமுறைபடுத்த பட்டுள்ளது 

Service Tax on Postal Life Insurance premium from 01.01.2015

The PLI Directorate of India Post has decided to collect the Service Tax on insurance premium from all PLI and RPLI policy holders w.e.f. 01/01/2015.  The circular in which recovery of service tax from individual policy holders was stopped from 1/11/2007 and was decided to meet the liability on Service Tax from the PLI/RPLI fund.  

Later the case was re-examined  in the light of ever increasing out-go  from the PLI Fund I RPLI Fund,  IRDA guidelines issued to indicate separately the amount of premium and service tax collected from individual policy holder and also collection of service tax  by LIC and other insurance companies from their policy holders. 

The Service Tax @ 3.09% (Including education and higher education cess) of the gross premium during the first year and @ 1.545%  (Including education and higher  education cess) on subsequent years i.e., second year onwards (rounded off to nearest rupee) is to be collected from the Policy Holders separately and a consolidated receipt issued for the total amount i.e. premium+ service tax.

The service tax is to be collected every time the premium is collected, be it monthly, quarterly, half yearly or annually at the rates cited above.   Insurant who pay the premium in the form of cheque (s) should be advised to include the service tax component also at the above prescribed rate in the value of the cheque.


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