With over 35 Years of Experience in Taxation and Insurance, I have developed a reputation for honesty, integrity, and expertise. Since 1997, I have focused on Life Insurance, Health Insurance, Vehicle Insurance, and Income Tax Return Filing. Prior to that, I worked with central excise, customs, and service tax (indirect tax) from 1982.
State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.
Indian economy on strong footing but duration of West Asia conflict, resultant damage to the energy infrastructure add risk to inflation, growth outlooks, says RBI Governor Malhotra.
