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LIC AGENT GRATUITY
No more partial treatment to pensioners when it comes to commutation of pension in the New Income Tax Bill, 2025Good news arrives for pensioners. The Lok Sabha Select Committee proposes fair tax treatment in the Direct Tax Bill, 2025. The bill address...- LIC notifies hike in gratuity limit to Rs 5 lakh for its agentsThe Finance Ministry in September had approved a series of welfare measures, including enhancement of the gratuity limit and family pension...
- Gratuity limit hiked to Rs 5 lakh for LIC agentsThe Indian government has approved welfare measures for over 1.3 million agents and 100,000 employees of state-run Life Insurance Corporati...
- LIC agents welfare measures: Govt increases gratuity limit, term insurance cover, sets uniform pension rateThe welfare measures include modifications to the LIC (Agents) Regulations, 2017, an increase in the gratuity limit, and a uniform rate of ...
- FinMin approves welfare measures for LIC agents, employeesThe Finance Ministry announced that it has approved several welfare measures for the agents and employees of the Life Insurance Corporation...
- LIC gains market share despite virus disruptions“The main reasons are people’s trust in LIC and its distribution reach,” said Gopal V Kumar, consulting actuary at Radgo & Company. “The ov...
- To retain fleeing agents, LIC hikes gratuity to Rs 3 lakhLIC gets 94 per cent of its revenue through the agency channel though it also sells online and through banassurance channels.
- LIC agents demand PF, pension and mediclaimThe LIC agents' demands like welfare fund, provident fund, pension and mediclaim would come up for discussion during their one-day South Zo...
- Infy ups LIC cover to shield talentIn a bid to retain talent Infosys has hiked the sum insured from Rs 6,000 crore to Rs 10,026 crore.
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