LIC

Service Tax impact on Life Insurance policies

The core idea in this Article is to bring in a healthy debate as to whether the Government Policy of levying Service Tax on Life Insurance premiums is a desirable practice to the nation. When Finance Act of 1994 was passed with the new concept of Taxation on services the then Finance Minister himself would not have probably envisaged the monstrous size of the tax which was unleashed and the short gestation period it could take to surpass the Direct tax mop up.

 

Location


COCHIN OFFICE

"Swastika”, 31/1444, Lal Salam Road, Off Convent Road, Ponnurunni, Vyttilla P.O, Cochin – 682 019. Phone: +91 484 4046696, +91 9895630786 Email: info@directus.co.in

TRIVANDRUM OFFICE

‘Saparya’ Sankar Road Sasthamangalam, Trivandrum Kerala—695 010 Ph: + 91 471 4061654 Email: tvm@directus.co.in

BANGALORE OFFICE

222, Nurture Labz, Indira Nagar Double Road, Domlur II Stage, Bangalore 560071, Karnataka. Ph : 9742307021 Land Line: 080 4146 1525 Email : bglr@directus.co.in

CHENNAI OFFICE

First Floor,New No.7, Devi Krupa, 4th Cross Street, Trustpuram, Kodambakkam, Chennai - 600024. Ph: 9962077727 Email:- chennai@directus.co.in

CALICUT OFFICE

'Souparnika' 1st Floor, Baten Complex, Nadakkavu Calicut - 673011 Ph: 0495 2366257 Email: xbrl@directus.co.in

THRICHUR OFFICE

'Tapasya', Easwar Nivas, Kunnath Lane, Thiruvambady, Trichur Ph:- 98956 80786 Email: tsr@directus.co.in

 

Contact

Give us a call at +91 989 563 07 86 +91 484 4046696

Email us at info@directus.co.in

 

Newsletters

The best way to stay in the loop about our latest updates, news and other great info is to subscribe to our newsletter.
You can unsubscribe at any time, and we promise no spam.