Searched for
LIC INCOME TAX
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...- Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
- LIC profit rises 23% in March quarter on all-round showLife Insurance Corp announced a strong March quarter profit, up 23% to ₹23,467 crore. This growth was fueled by increased premiums and inve...
- LIC Q4 Results: Profit rises 23% YoY to Rs 23,467 crore; co declares Rs 10 per share dividendLIC Q4 Results: State-owned Life Insurance Corp (LIC) reported a 23% year-on-year (YoY) growth in its consolidated net profit at Rs 23,467...
- LIC Housing Finance Q4 profit rises 9% to Rs 1,497 croreLIC Housing Finance reported a 9.4% rise in Q4 net profit to Rs 1,497 crore, aided by lower provisions. The company also recommended a 500%...
- PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...
- Life insurers log 16% premium growth in FY26 on GST relief, shift to high-margin productsIndia’s life insurance industry recorded a 16% rise in new business premiums to ₹4.59 lakh crore in FY26, driven by GST exemption benefits,...
- LIC shares fall 2% after insurer gets Rs 7,100-crore income tax demand orderLife Insurance Corporation of India (LIC) shares declined 2% after the company disclosed an income tax demand order of Rs 7,100 crore for F...
- Eid-Ul-Fitr holiday on March 31, 2025: Are LIC, Income Tax Office, other institutions open on March 29, March 30, and March 31 for financial year-end transactions?Several financial institutions, including LIC, the Income Tax Department, and insurance companies, will remain operational on March 29, 30,...
- LIC gets tax refund of Rs 21,741 croreThe Life Insurance Corporation (LIC), has garnered over ₹21,740 crore in refunds from the income-tax department, with an additional ₹3,700 ...
- LIC gets income tax refund of Rs 25,464 crIn the first half of the current financial year, LIC's new business premium income (individual) segment registered a 2.65 per cent growth t...
- LIC gets IT demand notices worth Rs 3,529 croreThe corporation has received orders from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax,...
- I-T Dept moves Bombay HC against tribunal's order in favour of LIC in Rs 4,993 crore tax disputesThe Income Tax Department has filed an appeal with the Bombay High Court against an appellate tribunal ruling in favor of Life Insurance Co...
- Expectations from Budget 2023: Will salaried individuals get income tax relief this year?Today, February 1, is the day when Finance Minister Nirmala Sitharaman will announce the budget proposals for the financial year 2023-24 (s...
- LIC owes Income Tax Department Rs 75,000 crore, reveals IPO draftA chunk of the claims are due to alleged miscalculation of income in parts of LIC or its subsidiaries. If these litigation go against the c...
- Union Budget 2022: Demystifying the old and new tax regimeSwitching to the concessional regime is completely ‘optional’. So you could opt for the old regime which allows you to avail exemptions, de...
- New I-T regime likely to prove value-dilutive for LIC IPO planAdoption of new income-tax regime would not be rapid, said Jiten Parmar.
- I received Rs 1.3 lakh from LIC policy after 1% TDS cut. Will I have to pay tax?Check the policy issue date and the premium you have paid towards your policy as any amount received on maturity of a life insurance policy...
- Direct tax collection falls short by Rs 19,028 crore in FY15Initial numbers suggest that direct tax collection is short of the revised target by over Rs 19,028 crore, but the Income Tax Department is...
- Accountant Akbar takes an income tax hit of Rs 34,767He pays a little more than 10.5% of his total spend as indirect tax at Rs 53,470. This brings his total tax outgo to Rs 90,737 or 11.07% of...
Load More
