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Saral Jeevan Bima for low-income earners fills need gap; insurers ready policies

Budget 2021: Life Insurers Seek Separate Tax Carve-out For Products To Boost Penetration

Budget 2021: Life insurers seek separate tax carve-out for products to boost penetration The industry feels this will allow policyholders to diversify their investments into various life insurance products to meet their financial goals while availing of tax benefits. Currently, life insurance premium is eligible for tax exemption under Section 80C, which has a limit of Rs 1.5 lakh annually, but also clubs other investment options such as PPF, EPF, and NSC, among others. January 26, 2021 / 10:56 AM IST The insurance industry is seeking tax incentives from the government in Budget 2021 to make products more attractive for customers. Union Budget 2021 will be presented on February 1 by Finance Minister Nirmala Sitharaman.

secure your child s financial future these ways: अपने बच्चे का वित्तीय भविष्य ऐसे करें सुरक्षित

secure your child s financial future these ways: अपने बच्चे का वित्तीय भविष्य ऐसे करें सुरक्षित
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Life Insurance Corporation stake in Exide up to 5 5%

Life Insurance Corporation of India has upped its stake in city-based automotive and industrial battery maker Exide Industries. In a stock exchange filing on Friday, Exide said that LIC’s stake in the company has increased to 5.519 per cent from 3.480 per cent, making itself a prominent public shareholder in the company. With Exide’s performance closely linked to the automotive sector, LIC stands to benefit from the gradually improving demand. Passenger vehicles and two-wheeler sales have seen a consistent recovery since August after a slump in the early months of the fiscal amid economic slowdown and Covid pandemic. Industry body Siam estimated a 4.65 per cent growth in passenger vehicles and a 13.43 per cent rise in two-wheelers in November 2020 compared with the year-ago period.

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