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LIC's Net Income Jumps To Rs 8,334 Crore In Q3
Public sector insurer LIC on Thursday reported manifold jump in net income at Rs 8,334.2 crore during the three months ended December 2022 as against Rs 235 crore a year ago.
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Indian Government 1-5 Year Bonds Ripe For Medium-Term Gains: Report
Indian government bonds with a one- to five-year tenure are primed for medium-term gains at current levels, a fixed income official at LIC Mutual Fund said.
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Centre, LIC To Abstain From Veto Post Privatisation Of IDBI Bank
The government and state-owned insurer LIC, who will continue to hold significant shareholding in IDBI Bank post its privatisation, will not veto any proposals of the new owner as part of their plan to give the incoming promoters a free hand, a senior official said.
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LIC Net Profit Jumps To Rs 683 Crore On Record Policy Sales
Driven by a record premium income, Life Insurance Corporation in its maiden earnings after going public has reported a multi-fold jump in net profit at Rs 682.89 crore from the paltry Rs 2.94 crore a year ago.
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All You Need To Know About LIC's Jeevan Lakshya Policy
LIC Jeevan Lakshya policyholders get an annual income benefit of 10 per cent of the basic sum assured, according to LIC.
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LIC Jeevan Umang Policy's Premium, Eligibility, Other Details Here
LIC's Jeevan Umang Policy offers a combination of income and protection to an individual's family, LIC said on its website.
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LIC Jeevan Umang: Premium, Sum Assured, Eligibility, Other Details Here
LIC Policy: LIC's Jeevan Umang plan offers a combination of income and protection and can be purchased with minimum sum assured of Rs 2 lakh.
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All You Need To Know About PM Shram Yogi Maan-Dhan (SYM) Pension Scheme
Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government-sponsored voluntary and contributory pension scheme for unorganised workers. Pension scheme PM-SYM or Pradhan Mantri Shram Yogi Maan-Dhan admits unorganised workers in the age group of 18-40 years with a monthly income up to Rs 15,000, and offers a minimum guaranteed pension of Rs 3,000 a...
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LIC Jeevan Akshay-VI: Pensions, Premium, Benefits And Other Details Here
Life Insurance Corporation of India (LIC), the country's largest life insurance company is offering pension plans apart from term insurance and endowment insurance plans being offered by the LIC. LIC's Jeevan Akshay-VI is one of the pension plans among others like LIC Jeevan Shanti plan being offered by the LIC.
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Pension Scheme PMVVY: Investment Limit Doubled, Now Get Rs 10,000 Per Month Pension
Financial planners say PMVVY offers more avenues to senior citizens to earn a steady regular income at a time when fixed deposit interest rates are not that attractive.
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Key Income Tax Benefits You Can Claim From LIC Policy
Income tax laws that provide for tax benefits through LIC policies range from Section 10 to Section 80C of the Income Tax Act, 1961.
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PMVVY, An 8% Pension Scheme From LIC: Should You Opt For It?
PMVVY offers more avenues to senior citizens to earn steady regular income at a time of falling interest rates.
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Government Clears Pension Scheme For Seniors With 8% Return
The scheme will be implemented through Life Insurance Corporation of India (LIC) in the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions.
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LIC's Gulf Arm Tops Its Overseas Chart, Chips In 80% Income
Life Insurance Corporation (LIC) has had a good run in the Gulf countries with its Bahrain-based arm, LIC International, that manages the GCC markets becoming the best among its eight international subsidiaries in terms of new business premium collection in 2015.
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Submit Proof Of Travel For Claiming Tax Deduction On LTA: Taxman
The Income Tax Department has brought out a new form making it mandatory for salaried taxpayers to furnish proof of travel for claiming tax deduction on LTA or LTC.
-
LIC's Net Income Jumps To Rs 8,334 Crore In Q3
Public sector insurer LIC on Thursday reported manifold jump in net income at Rs 8,334.2 crore during the three months ended December 2022 as against Rs 235 crore a year ago.
-
Indian Government 1-5 Year Bonds Ripe For Medium-Term Gains: Report
Indian government bonds with a one- to five-year tenure are primed for medium-term gains at current levels, a fixed income official at LIC Mutual Fund said.
-
Centre, LIC To Abstain From Veto Post Privatisation Of IDBI Bank
The government and state-owned insurer LIC, who will continue to hold significant shareholding in IDBI Bank post its privatisation, will not veto any proposals of the new owner as part of their plan to give the incoming promoters a free hand, a senior official said.
-
LIC Net Profit Jumps To Rs 683 Crore On Record Policy Sales
Driven by a record premium income, Life Insurance Corporation in its maiden earnings after going public has reported a multi-fold jump in net profit at Rs 682.89 crore from the paltry Rs 2.94 crore a year ago.
-
All You Need To Know About LIC's Jeevan Lakshya Policy
LIC Jeevan Lakshya policyholders get an annual income benefit of 10 per cent of the basic sum assured, according to LIC.
-
LIC Jeevan Umang Policy's Premium, Eligibility, Other Details Here
LIC's Jeevan Umang Policy offers a combination of income and protection to an individual's family, LIC said on its website.
-
LIC Jeevan Umang: Premium, Sum Assured, Eligibility, Other Details Here
LIC Policy: LIC's Jeevan Umang plan offers a combination of income and protection and can be purchased with minimum sum assured of Rs 2 lakh.
-
All You Need To Know About PM Shram Yogi Maan-Dhan (SYM) Pension Scheme
Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government-sponsored voluntary and contributory pension scheme for unorganised workers. Pension scheme PM-SYM or Pradhan Mantri Shram Yogi Maan-Dhan admits unorganised workers in the age group of 18-40 years with a monthly income up to Rs 15,000, and offers a minimum guaranteed pension of Rs 3,000 a...
-
LIC Jeevan Akshay-VI: Pensions, Premium, Benefits And Other Details Here
Life Insurance Corporation of India (LIC), the country's largest life insurance company is offering pension plans apart from term insurance and endowment insurance plans being offered by the LIC. LIC's Jeevan Akshay-VI is one of the pension plans among others like LIC Jeevan Shanti plan being offered by the LIC.
-
Pension Scheme PMVVY: Investment Limit Doubled, Now Get Rs 10,000 Per Month Pension
Financial planners say PMVVY offers more avenues to senior citizens to earn a steady regular income at a time when fixed deposit interest rates are not that attractive.
-
Key Income Tax Benefits You Can Claim From LIC Policy
Income tax laws that provide for tax benefits through LIC policies range from Section 10 to Section 80C of the Income Tax Act, 1961.
-
PMVVY, An 8% Pension Scheme From LIC: Should You Opt For It?
PMVVY offers more avenues to senior citizens to earn steady regular income at a time of falling interest rates.
-
Government Clears Pension Scheme For Seniors With 8% Return
The scheme will be implemented through Life Insurance Corporation of India (LIC) in the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions.
-
LIC's Gulf Arm Tops Its Overseas Chart, Chips In 80% Income
Life Insurance Corporation (LIC) has had a good run in the Gulf countries with its Bahrain-based arm, LIC International, that manages the GCC markets becoming the best among its eight international subsidiaries in terms of new business premium collection in 2015.
-
Submit Proof Of Travel For Claiming Tax Deduction On LTA: Taxman
The Income Tax Department has brought out a new form making it mandatory for salaried taxpayers to furnish proof of travel for claiming tax deduction on LTA or LTC.
