Unit-linked Insurance Plan, i.e. ULIP is a pioneering, hybrid investment-insurance product, which offers triple benefits of alluring investment opportunity, life insurance cover, and tax saving benefits to the investor. As per a report by the International Monetary Fund (IMF) of India, the country probably grows at 7.8 per cent of the GDP in the year…
Govt. urged to withdraw GST on Insurance
October 29, 2017Mysuru: The 11th General Body Meeting of LIC Employees’ Union, Mysuru Division, was held in city recently. The meeting discussed about the present political and economic scenario of India as well as Karnataka. Opposing the GST on premium of Insurance policies which are of social security nature to the people covering risk of life and…
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