- LIC gets tax refund of Rs 21,741 crore
The Life Insurance Corporation (LIC), has garnered over ₹21,740 crore in refunds from the income-tax department, with an additional ₹3,700 ...
LIC shares jump 9%. Here are 2 reasons behind the surgeThe total amount of refund was Rs 25,464.46 crore. However, the Income Tax department released Rs 21,740.77 crore in February. In Q3 FY24, ...
LIC Mutual Fund launches LIC MF Nifty Midcap 100 ETFThe NFO of the scheme is open for subscription and will close on February 12. The scheme will re-open for continuous sale and repurchase on...
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's new plan Jeevan Kiran offers life cover with premium returnThe plan caters to 18 to 65-year-old subscribers. Under this policy, policyholders have the freedom to choose the policy term, ranging from...
How SBI Annuity Deposit Scheme scores against SCSS, POMIS and LIC annuity schemeSBI Annuity Deposit Scheme offers a good way to generate high regular monthly income. This product appears attractive, especially to senior...
LIC IPO share allotment status: Here's how to checkLIC's Rs 20,557 crore IPO was sold in the range of Rs 902-949 per equity share, where eligible policyholders received a discount of Rs 60 a...
LIC sets IPO issue price at Rs 949 apiece; listing likely on TuesdayThe issue by the insurance behemoth received bids for 478.3 million shares against the 162 million on sale (excluding the anchor book), exc...
LIC allots shares at Rs 949 apieceMost retail investors, who have subscribed to the issue, received allotment as the category was subscribed two times. In the retail categor...
How LIC policyholder can check IPO allotment statusIf you are an LIC policyholder who had bid for share in the IPO, then here is how you check the allotment status.
LIC seeks exemption from Sebi on deposit norm for upcoming IPOThe state-owned insurer may have to deposit ₹500-800 crore or more with exchanges, said people with direct knowledge of the matter. Accordi...
Congress sceptical of disinvestment plan for LICCongress said the budget was devoid of a clear message or memorable idea and alleged the government "has given up on reviving the economy o...
LIC transfers Rs 1,644 crore surplus to governmentLIC generated a total surplus at Rs 32,685.21 crore during FY14, up 13.8 per cent from Rs 28,727.64 crore in the previous fiscal.
Life Insurance Corporation gets Rs 11,500 crore in income tax refunds, policy holders to benefitLIC 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.
- Query corner: Insurance
When you submit your proposal form to the insurer, that is your offer; the insurer may accept the same or make a counter offer with some mo...
- Query corner: Insurance
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- LIC agents promise 200% return on '0-investment' plan
Agents are targeting existing policyholders & are sending letters with policy number on which the loan is eligible. Look before you exit an...