KIMAYA INSURANCE

News

LIC’s new premium income soars 25.2% to Rs 1.78 lakh crore in FY20

LIC continues to be the dominant life insurer with a market share of 75.90 per cent in policies and 68.74 per cent in first-year premium, it said in a statement on Thursday.

Date: 30/07/2020 Source: Financial Express.

Can guaranteed insurance products ensure stability to your portfolio?

There is a saying – “Don’t put all your eggs in one basket”. Similarly, in your investments too there is a need for diversification through investment in different product categories.

Date: 30/07/2020 Source: The Economic Times

LIC's portfolio up 34% in FY21 at Rs 5.79 trn; RIL, Infy top contributors

The study is based on 351 companies' data from Capitaline Plus, where LIC held over 1 percentage point stake in the June quarter. These companies accounted 72% of total m-cap of BSE-listed companies

Date: 30/07/2020 Source: Business Standard

LIC settles 561 Covid death claims, eases norms

MUMBAI: Life Insurance Corporation (LIC) of India has said that it has settled 561 death claims due to COVID-19 amounting to Rs 26.7 crore. The corporation has also relaxed its norms during the lockdown to allow payment on maturity claims based on email submission of survival benefit requirements and subject to conditions is settling such claims without the policy document.

Date: 30/07/2020 Source: Times of India

FY'19 Income Tax Return Filing Deadline Extended till September 30 in View of Pandemic

This is the third extension given by the government for taxpayers to file both original and revised tax returns for 2018-19 fiscal.

Date: 29/07/2020 Source: News 18

5 things to consider while buying a term insurance policy

While choosing an insurance policy, there are more things to look at instead of just the premium of the policy.

Date: 27/07/2020 Source: Financial Express.

Self-occupied or rented? Here’s how to claim tax benefits on second house property as per new rules

While in some cases all the house property may remain self-occupied, in others, the second house property may be given to someone on rent. Here's how you can claim tax benefits on second house.

Date: 27/07/2020 Source: Financial Express.

How dividend income is taxed in India now – All you need to know

The Finance Act 2020 has shifted back to the classical system of taxing dividend in the hands of shareholders/unit holders from 01 April 2020, and abolished dividend distribution tax (DDT), wherein the incidence was on the company.

Date: 25/07/2020 Source: Financial Express.

Smart tips to lower home loan interest burden and clear dues fast

If you have already availed the home loan, you can always go ahead and refinance your loan at a lower interest rate, from other banks or housing finance companies.

Date: 23/07/2020 Source: Financial Express.