LIC's April Premium Reaches 10-Year Peak, Surges To Rs 12,384 Crore
LIC's April premium reaches a 10-year peak, surging to Rs 12,384 crore, marking a significant achievement attributed to innovative marketing strategies and strong customer-centric services.
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - GST Litigation Update
This is to inform that Life Insurance Corporation of India has filed an appeal before Commissioner of Commercial Taxes (Appeals), Jamshedpur on May 09, 2024 against the order issued by Additional Commissioner, Central GST & Central Excise, Jamshedpur. Appeal has been filed against the order demanding GST of Rs. 161,62,33,898/- for FY 2018-19 & 2019-20 along with interest as applicable and penalty of Rs. 16,16,23,390/-. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - GST Litigation
This is to inform that the Life Insurance Corporation of India has received communication/demand order for Goods & Service Tax, Interest and penalty for Telangana state. The order is appealable before the Appellate Joint Commissioner (ST), Hyderabad Rural Division. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Expenses Of Management For The FY 2022-23
This is to inform that: i) Life Insurance Corporation of India had sought for forbearance in respect of Expenses of Management for the FY 2022-23 from Insurance Regulatory and Development Authority of India (IRDAI). ii) IRDAI has allowed the Corporation to replenish the excess Expenses under respective segments from the Shareholders'' account in equal annual instalments not exceeding three, starting from Q1 of Financial Year 2024-25. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR) - GST Penalty
this is to inform that the Corporation has received orders from GST authorities for collection of GST, Interest and Penalty for Delhi and Maharashtra states. Corporation shall file appeals against the said orders within the prescribed timelines. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- Change In Senior Management Personnel
This is to inform that Mr. Ashwani Ghai, Director (MDC), Senior Management Personnel of the Life Insurance Corporation of India, will be superannuating on April 30, 2024, at close of office hours. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- Update On GST Matter
In continuation of our earlier filing vide ref no. LIC/SE/2023-24/174 dated January 30, 2024, this is to inform that Life Insurance Corporation of India has filed an appeal before Appellate Joint Commissioner (ST), Hyderabad Rural Division on April 25, 2024 against the order issued by Deputy Commissioner, Warangal, STU2: Warangal: Telangana, Vide ref. no. ZD360124032739D which was issued on January 27, 2024. Life Insurance Corporation of India - 543526 - Board Meeting Outcome for Outcome Of Board Meeting
Board of Directors of the Corporation in its meeting held on 25th April 2024, has inter alia, considered and approved Infusion of equity capital of LKR 500 Million (approximately INR 14 crores, based on exchange rates prevailing currently) in the form of equity capital at nominal value of LKR 10/- per share in Life Insurance Corporation (Lanka) Ltd. subject to approval from IRDAI and Central Bank of Sri Lanka.
LIC Warns Public Against Misleading Social Media Ads Misusing Its Brand
LIC asked its policyholders and the public to exercise caution and verify the authenticity of any such advertisements. Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- Change In Senior Management Personnel
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform about the change in Senior Management Personnel consequent upon his/her elevation in higher cadre.