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Life Insurance Council

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Bihar polls or Trump tariffs?: Oppn on GST reforms

Senior Congress leader and Rajya Sabha MP P Chidambaram has welcomed the Centre's recent GST rationalisation and rate cuts but criticised the move as being "8 years too late". IMAGE: Finance......

Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

GST, 'bachat', 'swadeshi' in Modi's address amid Trump threats

Nearly 99 per cent of the items previously taxed at 12 per cent now fall under the 5 per cent tax bracket, Modi said. IMAGE: Prime Minister Narendra Modi addresses to the nation on Sunday,......

Are you really working for welfare of common man, SC asks Centre

You are constructing huge highways but people are dying there because of lack of facilities, the Supreme Court on Monday said as it pulled up the Centre over the delay in formulating a cashless......

KochharGate: A Litmus Test For CBI

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry......

Commission structure in life insurance sector may change

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease......

GST rejig helps life insurers' NBP surge 40% in December

The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual life......

LIC drags new business premiums of life insurers by 5.2 %

New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance......

Insurance sector premium growth crossed 20% in Nov

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services......

With firefighting behind them, insurers can now shift gears and focus on growth

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. Illustration: Uttam Ghosh The events......

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