LIC said the income tax department has released Rs 21,740.77 crore on February 15 and that it was pursuing for the balance with the income tax department. The total amount of refund was Rs 25,464.46 crore.
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Anwar Hossen, who holds an MBA, works for a private firm and draws a monthly salary of more than Tk 60,000. But he has not purchased any life insurance policy although private sector employees in Bangladesh are not entitled to any pension support and his four-member family will be in trouble if he faces any untimely death.
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