Life Insurance

GST Reforms GST Collection GST Revenue Goods and Services TaxBusiness

States favour Centre's proposal to exempt GST on individual life, health insurance policies

GST on individual life and health insurance policies is likely to be exempt soon as states on Wednesday favoured the Centre's proposal to bring tax on such pre...

By NewsDrum Desk
Aug 21, 2025 07:01 IST 4 Min read
Life Insurance Corporation of India recieves GUINNESS WORLD RECORDS for selling most Life Insurance Policies in 24 hours.Business
LIC bags Guinness world record for selling highest life insurance policies in 24 hrs
By NewsDrum Desk
May 24, 2025 14:52 IST 1 Min read
Rahul Gandhi meets LIC AgentsBusiness
LIC counters Rahul Gandhi's claims, says remains committed to policyholders, agents
By NewsDrum Desk
Mar 20, 2025 16:52 IST 2 Min read
Rahul Gandhi meets LIC AgentsNational
Rahul meets LIC agents, says will raise issue of making insurance less affordable for poorest
By NewsDrum Desk
Mar 19, 2025 14:18 IST 1 Min read
LIC Life Insurance of India imageBusiness
State-owned LIC Q3 profit surges 17% to Rs 11,056 crore
By NewsDrum Desk
Feb 07, 2025 17:35 IST 1 Min read
Union Finance Minister Nirmala Sitharaman speaks during a media briefing after the 51st Goods and Services Tax (GST) Council Meeting, in New DelhiBusiness
GST Council to decide on cutting taxes on insurance premium, rate rejig on host of items
By NewsDrum Desk
Dec 20, 2024 12:19 IST 4 Min read
Prime Minister Narendra Modi with Union Finance Minister Nirmala Sitharaman during foundation stone laying and launching of development projects, in Panipat, Haryana, Monday, Dec. 9, 2024.Business
PM Modi launches LIC's 'Bima Sakhi Yojana' to empower women aged 18-70 years
By NewsDrum Desk
Dec 09, 2024 17:31 IST 1 Min read
Congress MP Manickam Tagore (File image)National
Manickam Tagore writes to FM, flags concerns over recent changes in LIC policies
By NewsDrum Desk
Nov 11, 2024 10:41 IST 3 Min read
GST goods and services taxBusiness
GST on term life insurance premium, senior citizen's health coverage may be exempt
By NewsDrum Desk
Oct 19, 2024 18:16 IST 2 Min read
GST collectionBusiness
Panels on GST rate rationalisation, cutting tax on insurance premium to meet on Saturday
By NewsDrum Desk
Oct 18, 2024 15:03 IST 2 Min read
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