LIC of India to launch 2 schemes from tomorrow — LIC’s Jan Suraksha, LIC’s Bima Lakshmi.
LIC is launching two new offerings for the domestic market, LIC namely LIC Jan Suraksha and LIC Bima Lakshmi, which will cater to different individual needs.
Refund Delayed Even After ITR Processed? Here's What You Can Do To Fix It
Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.
Many property sellers have to pay 3.5 times more TDS and TCS due to issues with Income Tax TDS, TCS rules; Five such I-T rules need overhaul
The Income-tax Act, 2025 (New Act) marked a historic shift from the Income-tax Act, 1961 (Old Act) by eliminating provisos and explanations, making substantive law clearer and more accessible. However, the Income-tax Rules continue to create procedural complexity and hardships for many taxpayers.
Breaking The Myths: Why Life Insurance Is A Must For Every Stage of Life
India faces a life insurance protection gap of over 17 trillion dollars, with 83 percent underinsured.
LIC sees ₹1,100 crore inflows after GST scrapping on traditional life insurance Policies
This surge released pent-up demand from customers. Industry sales had been lower earlier in anticipation of the tax change. Overall new business premiums grew, but policy numbers declined.
LIC pays Rs 7,324 cr to Finance Minister as dividend for FY25
Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year.
No GST on life, health insurance premiums soon? Here's what it means for you
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
ITR marked invalid due to tech glitch? Income Tax Dept issues THIS big relief for taxpayers
The move comes in response to grievances received by the Centralized Processing Centre (CPC) in Bengaluru, which highlighted that returns from various assessment years were wrongly invalidated due to system glitches.
How HNI NRIs should calculate their term insurance coverage
For high-net-worth NRIs, term insurance is crucial for securing their family's financial future, considering factors like inflation and global living costs. Indian insurers offer cost-effective policies with benefits like GST waivers, premium refunds, and worldwide coverage.