Page 3 - Life Insurance Today December 2017
P. 3
Vol. XIII No. 09 December 2017
ISSN - 0973-4813
Editor-in-Chief Editorial
Ram Gopal Agarwala
B.Com., L.L.B., F.C.A.
Editor
CA Rakesh Agarwal
M.Com. (BIM), F.C.A., DISA, L.L.B., The 2009 Direct Tax code has proposed to bring the
F.I.I.I., P.G.J.M.C., M.B.A., Ph.D
Associate Editor tax paid by Life Insurance companies on par with
Shyam Agarwal corporate tax rates. While Insurance companies pay
M.Com.(BIM), A.C.A., DISA, F.I.I.I., P.G.J.M.C. Income Tax of 14.3% corporate have to pay 25%. The
Resident Editor
Dr. Abhijeet K. Chattoraj, Noida Life Insurance Industry fears that if the
Dr. B. K. Jha, Sultanpur
K. L. Madhok, New Delhi recommendations are adopted, it would adversely hit
Shaik Gulam Afzal Biya Bani, Saudi Arabia the Insurance companies.
R. Venugopal, Bangalore
Correspondence Address Following Govts. discussion of taxing Life Insurers at
25/1, Baranashi Ghosh Street, Kolkata - 700 007, India
Phone : 033-2269 6035 / 4007 8428 par with corporates, shares of SBI life, HDFC Life as
E-mail : insurance.kolkata@gmail.com well as Prudential Life are trading nearly 4 to 5%
Website : www.sashipublications.com
Portal: www.bimabazaar.com lower to the current market value in the exchange.
Registered Office
31/1, Sadananda Road, P.S. Kalighat, IRDAI wants department of economic affairs to
Kolkata - 700 026, India
Customer Help Line classify railway bonds as special Bonds, notifying this
For non receipts/any other query please contact in a special Gazette for LIC to invest Rs.1.5 Lakh Cr.
E-mail : sashipublications@yahoo.com
Phone : 033-4007 8378 / 2218 4184 in railways.
Mechanical Details
Oversall size : 27.5 x 21.5 cms.
Print area : 24.5 x 18.5 cms IRDAI may grant special relief to LICI for their
Rate of Subscription investment in PSBS.
Amount You By Regd. Surprise
Pay Post gift
The Central Board of Trustees of the EPFO approved a
Scheme Period
LIT - 1 1 Year 540 500 800 ---- policy whereby the body plans to monetize its stock
LIT - 3 3 Years 1,620 1,300 2,200 ----
LIT - 5 5 Years 2,700 2,100 3,600 Yes exposure to benefit subscribers.
Bulk Subscription
LIT - 10 copies 1 Year 5,400 4,320 Free Yes
LIT - 25 copies 1 Year 13,500 10,125 Free Yes Indian economy is growing fast wherein people are
Single Copy `` `` ` 45/- getting more income in certain sections and it is
All the payment must be made by DD favouring LIFE
INSURANCE TODAY payable at Kolkata, India. supposed that some portion of such section of people
Please do not make any cash payment for journal/books to any
person representing LIFE INSURANCE TODAY and we shall may opt for life Insurance in big way.
not be responsible for the cash payments.
The contents of this journal are copyright of LIFE Insurance companies are planning to come in
INSURANCE TODAY whose permission is necessary for
reproduction in whole or in part. The views expressed by exclusive online selling space in a big way. Already
contributors or reviewers in this journal do not necessarily
reflect the opinion of LIFE INSURANCE TODAY and the one company has been granted license. If this model
journal can not be held responsible for them. All disputes
subject to Kolkata jurisdiction only. is successful, it will be the next big disruption for the
Published by Sushil Kumar Agarwala & Printed by Satyajug
Employees Co-operative Industrial Society Ltd. 13,Prafulla insurance industry.
Sarkar Street, Kolkata - 700 072
Life Insurance Today December 2017 3
Sashi Publications Pvt Ltd Call 8443808873/ 8232083010