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LIC POLICY TAXATION
Life Insurers' business growth muted in FebruaryWhile the overall retail APE for the industry rose 10.5% on a year-on-year basis, helped by private players expanding at 18%, LIC's retail ...10 Mar, 2023, 12.14 AM IST- No impact on policyholders or shareholders; LIC to take a call after talk with Adani management: Chairman“The only thing that we need to understand from the Adani management is key business metrics. We would like to know from them going forward...11 Feb, 2023, 12.02 AM IST
- LIC Q3 profit jumps 27 times over year-ago quarterThe insurance behemoth's revenue rose 13% at Rs 1.96 lakh crore at the end of December last year. The management expense ratio improved to ...09 Feb, 2023, 09.10 PM IST
- Money back policy: Is LIC amount received on maturity taxable?It is important for one to be aware of when these proceeds are tax-free and when not, in order to take advantage of the tax benefit.28 May, 2019, 10.00 AM IST
- 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...24 Apr, 2019, 12.26 PM IST
- ELSS or insurance: which is the best tax-saving option under Section 80C?If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.18 Mar, 2019, 10.54 AM IST
- How can a US-based NRI invest in mutual funds in India?Several Indian fund houses have stopped accepting applications from NRIs based out of the US and Canada, owing to strict provisions of the ...18 Feb, 2019, 11.25 AM IST
- Tax queries: Can an HUF claim deduction u/s 80C for contribution made to PPF of its member?PPF account in the name of HUF is not permitted by the Finance Ministry, HUF can contribute to the PPF account of its members and claim tax...22 Aug, 2018, 12.12 PM IST
- MFs will take over fund business of insurance: Sanjeev Pujari, SBI Life InsuranceWe have to predict the future — future cashflow, future uncertainties. Pricing is all about looking at the future and doing discounting to ...13 Dec, 2017, 01.16 AM IST
- State insurers need not pare investments in tobacco companies like ITCLast month, 7 persons had filed a PIL in the Bombay HC against IRDAI, and five state-run insurance companies for investing in tobacco compa...10 May, 2017, 02.04 AM IST
- LIC tracks down clients, settles 89k unclaimed policiesLife insurance sector holds about Rs 2,000 crore in unclaimed funds, with the private sector insurers accounting for about 45%.19 Oct, 2012, 10.09 AM IST
- Query Corner: InsuranceOur expert (Pankaj Mathpal, CFP and MD, Optima Money managers)guides you in matters relating to insurance.16 Mar, 2011, 06.05 AM IST
- Query Corner: InsuranceOur expert (Pankaj Mathpal, Certified Financial Planner) guides you in matters relating to insurance.23 Feb, 2011, 01.28 AM IST
- Query corner: TaxationOur expert Vaibhav Sankla, Executive Director, Adroit guides you in matters relating to taxation.22 Feb, 2011, 02.41 AM IST
- Query corner: TaxationOur expert Vaibhav Sankla, executive director, Adroit, guides you in matters relating to taxation.14 Dec, 2010, 05.33 AM IST
- Transparency will ensure better structure for Ulips: DK MehrotraLIC managing director DK Mehrotra says people are still interested in buying Ulips provided they know that their money is safe.29 Jun, 2010, 01.05 AM IST
- Life Insurance Corp's health plan may hit tax hurdleIRDA has sought clarification from LIC on claims of tax exemption for the insurers' unit-linked health insurance policy (ULIP). Investment ...08 Feb, 2008, 02.50 PM IST
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