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LIC trims holding in 15 Sensex firms

Booking profit in the recent stock market uptrend, state-run insurance giant LIC offloaded shares worth over $1 billion in half of the 30 Sensex companies, including in RIL and ICICI Bank, in last......

Boost for Tatas as LIC assures no snap exit from group cos

State insurance giant Life Insurance Corporation of India, likely the second biggest stake-owner in the Tata group, will not exit the group following the very public fallout between interim......

Mistry's tenure saw LIC cut stake in Tata firms

Insurer likely to support Ratan Tata; reduction in stake might have been profit booking. The State-owned insurer Life Corporation of India, a major investor in Tata group stocks, reduced its stake......

How to stop exploiting life insurance users

It is the nature of insurance products, how they are sold and the government's lock on LIC for such patriotic duties as rescuing badly-planned share sales, notes Debashis Basu. On 24 August,......

LIC is the saviour again, buys 86% shares in IOC stake sale

State-owned Life Insurance Corporation of India, the country's largest investor, bought just under 86 per cent of shares sold by the government earlier this week in state-run refiner and fuel......

Why LIC is the big bull on Dalal Street

Image: LIC building at Nariman Point. Photograph: Danish Siddiqui/Reuters The top 10 insurance companies hold more than Rs 4.56 lakh crore (Rs 4.56 trillion) in Indian equities. Life Insurance......
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  Web results for Lic Insurance
You can claim a deduction of Rs75,000 for incurring expenses of disabled dependent

Also, a higher deduction of Rs1.25 lakh per financial year would be allowed if your sister falls in the category of severe disability ( i.e.,... ...

http://www.livemint.com/Money/CnTGfcj9nm8pdr6AQIcT2N/You-can-claim-a-deduction-of-Rs75000-for-incurring-expenses.html
LIC directed to compensate policy-holder for raising false loan claims

CHENNAI: A consumer forum in the city directed Life Insurance Corporation to pay their customer the amount owed to him through the endowment... ...

http://www.newindianexpress.com/cities/chennai/2017/jan/16/lic-directed-to-compensate-policy-holder-for-raising-false-loan-claims-1559975.html
ED chargesheet

New Delhi, Sept 6: The Enforcement Directorate (ED) on Tuesday filed a chargesheet against LIC agent Anand Chauhan in the disproportionate assets... ...

http://www.sentinelassam.com/national/story.php?sec=2&subsec=3&id=280350&dtP=2017-01-16&ppr=1#280350
Interest burden may exceed fiscal deficit in FY18, first time in a decade

Higher interest payment, increased subsidy burden and higher allowances on pay revisions are factors that will put pressure on government's total... ...

http://www.livemint.com/Money/gY8cGTzDL7HnY6Xez41nGK/Interest-burden-may-exceed-fiscal-deficit-in-FY18-first-tim.html
Gratuity up to Rs 10 lakh exempt

TAX ADVICE SC Vasudeva I retired from the public sector in July, 2016 and received Rs 1,73,000 from LIC on account of commutation of pension... ...

http://www.tribuneindia.com/news/business/gratuity-up-to-rs-10-lakh-exempt/350754.html

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