by AIP Online Bureau | Sep 22, 2023 | Indian News, Life, Regulation
The tax authority has alleged that among other violations, LIC did not reverse the Input Tax Credit (ITC) availed on the premium received by the corporation from policy holders Mumbai: The Bihar-Additional Commissioner State Tax (Appeal), Central Division, Patna, has...
by AIP Online Bureau | Sep 22, 2023 | Disaster & Management, Indian News, Policy
Additionally, in case of an untoward incident, Rs 1.5 lakh will be paid in case of death which was earlier Rs 15,000. Amount for grievous injury has been revised to Rs 50,000 from Rs 5,000 for grievous injury and compensation for a simple injury has been revised from...
by AIP Online Bureau | Sep 22, 2023 | Eco/Invest/Demography, Indian News
India has received 780.3 mm of rain during this monsoon season so far, compared to a normal of 832.4 mm. Rainfall between 94 per cent and 106 per cent of the long-period average (LPA) is considered normal. Normally, the country receives an average of 870 mm of...
by AIP Online Bureau | Sep 22, 2023 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits
A key driver in this transformation is likely to be the window of a demographic dividend that opened up in 2018 and will probably last till the 2040s, going by fertility and mortality rates,” Reserve Bank Deputy Governor Michael D Patra said Mumbai: India will...
by AIP Online Bureau | Sep 22, 2023 | Banking & Bancassurance, Briefs, Life
Max Life Insurance Company has entered into a bankassurance alliance with AU Small Finance Bank (AU SFB), This collaboration will allow AU SFB’s digitally inclined customers to access the full spectrum of life insurance plans offered by Max...
