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LIC Q4: LIC Q4 net profit up 2 5%, declares Rs 6/share dividend

LIC Q4: LIC Q4 net profit up 2 5%, declares Rs 6/share dividend
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Total Protection: LIC s Jeevan Utsav, the ultimate all-round life insurance solution in 1 product

LICs Jeevan Utsav offers stability and flexibility with whole life coverage, flexible premiums, and guaranteed additions. It ensures financial security, growth, and customisation for modern investors seeking comprehensive insurance solutions.

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LIC expects income tax refund of Rs 25,464 crore in Q4

India Business News: NEW DELHI: Life Insurance Corporation of India has received an income tax refund order of Rs 25,464 crore, and it is likely to be realised during the .

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LIC expects income tax refund of Rs 25,464 crore in Q4, says Chairman

The refund, which is likely to boost the bottom line of the corporation in the fourth quarter, is related to interim bonuses to policyholders in the past seven assessment years.

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LIC: Now people are reposing faith in LIC and we expect this to continue: Siddhartha Mohanty

LIC has enabling provisions to invest in banks like HDFC Bank. Their equity investment is about 20-25% of total AUM, and they have a balanced approach to ensure sustainability. LIC is monitoring the market and taking a mixed strategy. Non par products are giving good returns and are getting traction in the market.

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