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A Body In Burnt Car Leads Cops To Gujarat Hotelier's Grisly Plan To Clear Debts
A debt-ridden hotelier in Gujarat's Banaskantha district faked his death in a car accident to claim life insurance worth Rs 1.26 crore. The meticulous plan, however, was foiled by the police. Dalpat Singh Parmar is on the run
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LIC Blames "Technical Problem" As Tamil Nadu Protests Website's Switch To Hindi
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation of India or LIC on its website on Tuesday.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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UP Woman Killed For Life Insurance Money, 3 Arrested: Cops
Police have arrested three people in connection with the killing of a woman in connivance with her husband for insurance money merely a year after her marriage.
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Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
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LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
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LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
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US Man Murders Wife, Uses Her Life Insurance Payout To Buy Sex Doll: Report
A Kansas man, who killed his wife, bought a life-size sex doll worth $2,000 (₹ 1,66,805) just two days after receiving her insurance payout.
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Heiress's Family Fights To Block Husband From Inheriting Rs 45 Crore Fortune In UK
The relatives of a wealthy heiress, who tragically drowned in a swimming pool, seek a court ruling declaring her death as unlawful, aiming to prevent her husband from inheriting her Rs 45 Crore estate following the collapse of his murder trial.
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LIC Gets GST Demand Notice Of Rs 178 Crore
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.
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UP Man Borrows Money For Online Gaming, Kills Mother In Payback Plan: Cops
An addiction to online gaming led a man to murder his mother so that he could claim her life insurance payout and settle his mountain of debt, police have said.
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GST Authority Imposes Rs 36,844 Fine On LIC
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
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Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
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New Guidelines For Tax Exemptions On High-Premium Life Insurance Policies
The Income Tax department has prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
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How To Calculate Income From Life Insurance Where Premium Exceeds Rs 5 Lakh, CBDT Explains
The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
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A Body In Burnt Car Leads Cops To Gujarat Hotelier's Grisly Plan To Clear Debts
A debt-ridden hotelier in Gujarat's Banaskantha district faked his death in a car accident to claim life insurance worth Rs 1.26 crore. The meticulous plan, however, was foiled by the police. Dalpat Singh Parmar is on the run
-
LIC Blames "Technical Problem" As Tamil Nadu Protests Website's Switch To Hindi
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation of India or LIC on its website on Tuesday.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
UP Woman Killed For Life Insurance Money, 3 Arrested: Cops
Police have arrested three people in connection with the killing of a woman in connivance with her husband for insurance money merely a year after her marriage.
-
Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
-
LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
-
LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
-
US Man Murders Wife, Uses Her Life Insurance Payout To Buy Sex Doll: Report
A Kansas man, who killed his wife, bought a life-size sex doll worth $2,000 (₹ 1,66,805) just two days after receiving her insurance payout.
-
Heiress's Family Fights To Block Husband From Inheriting Rs 45 Crore Fortune In UK
The relatives of a wealthy heiress, who tragically drowned in a swimming pool, seek a court ruling declaring her death as unlawful, aiming to prevent her husband from inheriting her Rs 45 Crore estate following the collapse of his murder trial.
-
LIC Gets GST Demand Notice Of Rs 178 Crore
Life Insurance Corporation of India (LIC) on Tuesday said tax authorities have slapped a demand notice of about Rs 178 crore on it for short payment of Goods and Services Tax (GST) for two financial years.
-
UP Man Borrows Money For Online Gaming, Kills Mother In Payback Plan: Cops
An addiction to online gaming led a man to murder his mother so that he could claim her life insurance payout and settle his mountain of debt, police have said.
-
GST Authority Imposes Rs 36,844 Fine On LIC
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
-
Centre Announces Welfare Measures For LIC Agents, Employees
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry.
-
New Guidelines For Tax Exemptions On High-Premium Life Insurance Policies
The Income Tax department has prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
-
How To Calculate Income From Life Insurance Where Premium Exceeds Rs 5 Lakh, CBDT Explains
The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
