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LIC TAX REFUND
LIC seeks GST relief, tax-free premium hike to boost salesLIC has urged the government to implement tax and regulatory changes in the upcoming budget to boost policy sales and insurer margins. Key ...- LIC Q4 net profit up 2.5%, declares Rs 6/share dividendThe insurer reported profit of ₹13,421 crore in the same period last year. The solvency ratio improved to 1.98% from 1.87% last year. LIC a...
- Total Protection: LIC’s Jeevan Utsav, the ultimate all-round life insurance solution in 1 productLIC’s Jeevan Utsav offers stability and flexibility with whole life coverage, flexible premiums, and guaranteed additions. It ensures finan...
- LIC expects income tax refund of Rs 25,464 cr in Q4Life Insurance Corporation of India has received an income tax refund order of Rs 25,464 crore, and it is likely to be realised during the ...
- 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 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 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...
- Investing in PMVVY LIC pension scheme will not help in tax savingThe scheme allows premature exit during the policy term under exceptional circumstances like the pensioner requiring money for the treatmen...
- IDBI Bank hopes to step up growth boosted by profits, higher provisionsCEO Rakesh Sharma said the bank now expects an average growth 10% led by a 10% to 12% growth in retail loans in the fiscal ended March 2022.
- Hurry! This LIC pension scheme that can provide Rs 10,000 a month will end March 31Pradhan Mantri Vaya Vandana Yojana pension scheme, meant for senior citizens, is available only till March 31.
- 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...
- Is the LIC annuity from employer superannuation scheme eligible for standard deduction?Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
- Budget 2018: FM proposes to increase PMVVY limit to Rs 15 lakh, seniors to benefitBudget 2018 proposes to increase investment limit to Rs. 15 lakh from the existing limit of Rs. 7.5 lakh per senior citizen.
- Modi's gift to senior citizens: Should one invest in the 8% assured LIC pension scheme?The PMVVY has a term of ten years and provides a return in the range of 8 to 8.3 percent depending on the mode of pension that one chooses.
- 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.
- SBI, NTPC, LIC, other PSUs gain most from tax refundsThe government paid out Rs 69,000 crore as income tax refunds by end November this fiscal, against Rs 75,000 crore in the whole of 2010-11 ...
- LIC agents promise 200% return on '0-investment' planAgents are targeting existing policyholders & are sending letters with policy number on which the loan is eligible. Look before you exit an...
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