News
Tax department issues ITR scrutiny notices. Here’s what to expect and how to file a reply
For each notice from the tax department, a particular procedure needs to be followed to file a reply The department can pick up ITRs for scrutiny till up to six months from the end of the financial year in which the return was filed.
5 New Changes Made To Health Insurance Policies
Health insurance is a necessity in the current times of expensive medical treatments. To make health insurance policies more standardized and simple for individuals, the IRDAI (Insurance Regulatory And Development Authority of India) had recently announced some changes.
LIC dominance of India's life insurance market nears three-fourth mark
LIC registered a business growth of 18 percent in September against last year, and a very robust 42 percent in the first half of the financial year between April and September, the latest data released by insurance regulators IRDAI showed.
RBI increases withdrawal limit for PMC Bank depositors from Rs 25,000 to Rs 40,000
The economic offences wing of Mumbai Police jaarrested Rakesh Wadhwan and his son Sarang Wadhwan, directors of HDIL.
What Is Assignment In Life Insurance? Know All
Selling of life insurance policies is not possible as with other assets and herein you need to surrender the policy that entails a costs, however if you wish to liquidate your investment in it,
Life insurers’ new premium sees 35% YoY growth in H1FY20; LIC beats industry
LIC saw a 41.7 percent YoY increase in first year premiums in H1
SBI Wrote Off Bad Loans Worth Rs 76,600 Crore of 220 Defaulters Who Owed Over Rs 100 Crore Each
As of March 31, SBI has declared as unrecoverable outstanding worth Rs 37,700 crore that 33 borrowers, with loans of Rs 500 crore and more, owed it.
Not worried about market movement: LIC
In an interview with TOI, LIC chairman M R Kumar speaks about the focus areas for the corporation 'We are long-term players — so long as the scrip gives a return over 10-15 years, it is good enough,' Kumar stated
LIC refutes wealth erosion rumours, says it is in "sound financial health"
LIC asked its policyholders to not believe any rumours circulating on social media about the insurer's financial position
