INCOME TAX



Record Retention Policy for PLI / RPLI Policy Documents’ for Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI)



MINISTRY OF COMMUNICATIONS

(Department of Posts)

(DIRECTORATE OF PLI)

New Delhi, the 30th April, 2021

No. 24-01/2021-LI.—The President of India is pleased to declare ‘Record Retention Policy for

PLI / RPLI Policy Documents’ for Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) as under:-

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A. The above policy is applicable uniformly to all physical documents received from policyholders and maintained in connection with all PLI/RPLI policies.

B. Physical records shall be weeded out per above schedule, in the month of May every year and appropriate record be kept for having weeded out the physical records, as per the Record Retention Schedule of Government of India.



C. The above schedule is not applicable to the corresponding digitized /electronic records.

2. This shall take effect from the date of publication in the official Gazette and shall be applicable to all Policies including settled policies, existing policies and new policies.

Team Ed-Visor