Life Insurance
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Man In China Gets Death Penalty After Pushing Wife Into Sea For Insurance Money
Li had purchased four life insurance policies for his wife just two months after their marriage, naming himself as the sole beneficiary.
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HDFC Life Insurance Reports Data Leak, Assesses Impact of Breach
HDFC Life Insurance on Monday said there have been some instances of data leaks and assessing potential impact of this breach.
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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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"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
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"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
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"Tax On Life's Uncertainties": Nitin Gadkari's Letter To Nirmala Sitharaman
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans.
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Policy Loan Facility Mandatory In Life Insurance Savings Products: IRDAI
Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements.
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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.
-
Man In China Gets Death Penalty After Pushing Wife Into Sea For Insurance Money
Li had purchased four life insurance policies for his wife just two months after their marriage, naming himself as the sole beneficiary.
-
HDFC Life Insurance Reports Data Leak, Assesses Impact of Breach
HDFC Life Insurance on Monday said there have been some instances of data leaks and assessing potential impact of this breach.
-
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.
-
"Drama": Finance Minister Rubbishes Objections To Tax On Insurance Premium
Union finance minister Nirmala Sitharaman, targetted by her critics over the 18 per cent GST on life and medical insurance premiums, retorted today that leaders having objection should first have consulted their state finance ministers.
-
"Anti-People In Nature": Mamata Banerjee On Budget Move To Tax Insurance
West Bengal Chief Minister Mamata Banerjee has urged the BJP-led central government to withdraw GST on life and medical insurance premiums, saying that it adversely affects people's ability to take care of their vital needs.
-
"Tax On Life's Uncertainties": Nitin Gadkari's Letter To Nirmala Sitharaman
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans.
-
Policy Loan Facility Mandatory In Life Insurance Savings Products: IRDAI
Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements.
-
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.
