LIC 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 reported a 9.4% rise in Q4 net profit to Rs 1,497 crore, aided by lower provisions. The company also recommended a 500%...

Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...

India’s life insurance industry recorded a 16% rise in new business premiums to ₹4.59 lakh crore in FY26, driven by GST exemption benefits,...

Life Insurance Corporation of India (LIC) shares declined 2% after the company disclosed an income tax demand order of Rs 7,100 crore for F...

Several financial institutions, including LIC, the Income Tax Department, and insurance companies, will remain operational on March 29, 30,...

The Life Insurance Corporation (LIC), has garnered over ₹21,740 crore in refunds from the income-tax department, with an additional ₹3,700 ...

In the first half of the current financial year, LIC's new business premium income (individual) segment registered a 2.65 per cent growth t...

The corporation has received orders from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax,...

The Income Tax Department has filed an appeal with the Bombay High Court against an appellate tribunal ruling in favor of Life Insurance Co...

Today, February 1, is the day when Finance Minister Nirmala Sitharaman will announce the budget proposals for the financial year 2023-24 (s...

A 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...

Switching to the concessional regime is completely ‘optional’. So you could opt for the old regime which allows you to avail exemptions, de...

Adoption of new income-tax regime would not be rapid, said Jiten Parmar.

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...

LIC has paid advance income tax for the financial year 2013-14 to the tune of Rs 5,118.92 crore, as against Rs 4,323.99 crore in 2012-13.

He 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...