TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Unclaimed Insurance Funds Total Over Rs. 4800 Crores; IRDA Directs Companies Not to Appropriate These Amounts.</h1> As of December 31, 2012, the Life Insurance Corporation of India held Rs. 732.67 crores in unclaimed policyholder money. By March 31, 2013, other life insurance companies and non-life insurance companies had Rs. 3122.68 crores and Rs. 1010.46 crores unclaimed, respectively. The government has not conducted any surveys on this issue. The Insurance Regulatory and Development Authority (IRDA) advised all insurance companies in a circular dated November 4, 2010, that unclaimed amounts should not be appropriated or written back under any circumstances, as stated by a government official in the Rajya Sabha.
TaxTMI 
TaxTMI 
