Hello and welcome to my website. I am Vivekanand Komarashetti, a Development Officer Associated with LIC of India for the past 2 years. As you may be already aware of, LIC is India’s oldest and largest life insurance company. I recruit and train individuals to build a successful career in insurance agency business. Over the last 2 years, I have mentored more than 30 agents as a part of my team.
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
The move comes in response to grievances received by the Centralized Processing Centre (CPC) in Bengaluru, which highlighted that returns from various assessment years were wrongly invalidated due to system glitches.