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Month: July 2019

life insurance policy maturity amount taxability section10(10D) and 194 DA
Income Tax 

Life Insurance Maturity Amount Taxability (TDS)

July 28, 2019July 28, 2019 Anish L J 2222 Views 0 Comments 10(10D), Income Tax

Life Insurance policy maturity amount can be exempted from tax if and only if it satisfies certain conditions. Otherwise, the policy will become taxable and TDS (Tax deducted at source) will become applicable to it. read more..

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Pay lic premium - Billdesk instapay
Policy Servicing 

Pay LIC Premium through BillDesk Instapay

July 21, 2019July 21, 2019 Anish L J 1525 Views 0 Comments LIC online premium payment, Premium Payment

Life Insurance Corporation of India has introduced a new channel in connection with the popular BillDesk platform to facilitate a simple, convenient and secure way to pay renewal premium. Read More…

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Insurance Industry 

IRDA (Non linked Products) Regulations 2019

July 14, 2019July 16, 2019 Anish L J 1575 Views 0 Comments Govt of India, IRDA

Insurance Regulatory and Development Authority of India (IRDA) has released (Non linked Insurance Products) Regulations 2019 vied notification dated 8th July 2019. This regulatory notification issues clear guidelines protecting the public interest while designing and filing non-linked insurance products by life insurers of India.

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LIC financial Transaction Interest rates
LIC of India Policy Servicing 

Interest Rates Applicable – LIC Transactions

July 4, 2019July 4, 2019 Anish L J 1260 Views 0 Comments interest rates, LIC of India, Policy Serviceing

Latest interest rates applicable for various financial transactions at Life Insurance Corporation of Inda (LIC) is explained in detail… Read more….

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