Filing income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matching tax records are crucial for timely refund processing. Pre-validating bank accounts and avoiding complex disclosures expedite the refund process.

Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.

The insurer retained its market leadership during FY26, accounting for 56.66% of the industry's first-year premium income and 65.16% of all policies sold in the country, according to its FY26 Annual Report released on Friday

The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values.

NEW DELHI: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.

Five-year health insurance moratorium reduces wrongful claim rejections for genuine non-disclosures while preserving fraud checks, so policyholders must stay transparent and maintain continuous cover for protection.

The Life Insurance Corporation of India (LIC) is launching two New Jeevan Sathi joint life insurance plans — Single Premium and Limited Premium — in June 2026. Check eligibility, policy features, benefits

The mandatory annuity requirement for non-government subscribers has been reduced from 40% to 20%.

Selling a property can leave you with a sizable profit, but it can also rake up significant taxes. The amount of tax you pay depends on how long you have owned the property and the capital gains tax rules introduced in the Union Budget 2024 and made effective from July 23, 2024. The changes have altered how long-term gains from property sales are calculated and taxed.

5 reasons why you can get income tax notice for FY 25-26 ITR: Salary income, TDS, AIS mismatches and more

Net profit for the quarter came in at Rs 23,467 crore compared with Rs 19,039 crore in the corresponding period last year.

New Delhi: The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 150 Non-Banking Financial Companies (NBFCs), with the highest number of affected firms registered in Delhi and West Bengal, according to a central bank release issued on Thursday

The insurance agent is crucial for more inclusion. His commissions should not be grudged. He can rope in younger people.

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.

IRDAI has retained LIC, GIC Re and New India Assurance as Domestic Systemically Important Insurers (D-SIIs) for FY26, with no change from the previous year.

April 1, 2026 not just signals the start of the new financial year 2026-27, but this time also brings with it a new set of income tax rules. The New Income Tax Rules 2026, based on the Income Tax Act 2025, have several changes that salaried taxpayers should be aware of. Your exemption limits are changing -hence the math behind the choice of the new and old income tax regime is also changing.

LIC continued to outpace the private sector, reporting around 23% growth, compared with roughly 20% growth for private insurers, extending its lead for the third consecutive month. Among private insurers, Canara HSBC Life Insurance was the fastest-growing player with over 60% growth.