Published on: 03/12/2025Source: News18 Business
The RBI has identified SBI, HDFC Bank, and ICICI Bank as India's most systemically important financial institutions, terming them as Domestic Systemically Important Banks (D-SIBs).
Published on: 06/11/2025Source: Financial Express
LIC posted a 32% YoY profit jump to Rs 10,053 crore in Q2 FY26, with Net Premium Income rising 5.4% to Rs 1.26 lakh crore.
Published on: 14/10/2025Source: Live Mint
LIC is launching two new offerings for the domestic market, LIC namely LIC Jan Suraksha and LIC Bima Lakshmi, which will cater to different individual needs.
Published on: 08/10/2025Source: NDTV
Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.
Published on: 08/10/2025Source: The Economic Times
The Income-tax Act, 2025 (New Act) marked a historic shift from the Income-tax Act, 1961 (Old Act) by eliminating provisos and explanations, making substantive law clearer and more accessible. However, the Income-tax Rules continue to create procedural complexity and hardships for many taxpayers.
Published on: 30/09/2025Source: News18 Business
India faces a life insurance protection gap of over 17 trillion dollars, with 83 percent underinsured.
Published on: 27/09/2025Source: The Economic Times
This surge released pent-up demand from customers. Industry sales had been lower earlier in anticipation of the tax change. Overall new business premiums grew, but policy numbers declined.
Published on: 09/09/2025Source: The Economic Times
Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year.
Published on: 21/08/2025Source: India Today
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
