Life Known at 90.



Written by a 90 year old


This is something we should all read at least once a week. Make sure you read to the end.
Written by Regina Brett, 90 years old, of the Plain Dealer, Cleveland , Ohio .

"To celebrate growing older, I once wrote the 45 lessons life taught me. It is the most requested column I've ever written.

My odometer rolled over to 90 in August, so here is the column once more:

1. Life isn't fair, but it's still good.
2. When in doubt, just take the next small step.
3. Life is too short – enjoy it.
4. Your job won't take care of you when you are sick. Your friends and family will.
5. Pay off your credit cards every month.
6. You don't have to win every argument. Stay true to yourself.
7. Cry with someone. It's more healing than crying alone.
8. It's OK to get angry with God. He can take it.
9. Save for retirement starting with your first paycheck.
10. When it comes to chocolate, resistance is futile.
11. Make peace with your past so it won't screw up the present.
12. It's OK to let your children see you cry.
13. Don't compare your life to others. You have no idea what their journey is all about.
14. If a relationship has to be a secret, you shouldn't be in it.
15. Everything can change in the blink of an eye, but don't worry, God never blinks.
16.. Take a deep breath. It calms the mind.
17. Get rid of anything that isn't useful. Clutter weighs you down in many ways.
18. Whatever doesn't kill you really does make you stronger.
19.. It's never too late to be happy. But it’s all up to you and no one else.
20. When it comes to going after what you love in life, don't take no for an answer.
21. Burn the candles, use the nice sheets, wear the fancy clothes. Don't save it for a special occasion. Today is special.
22. Over prepare, then go with the flow.
23. Be eccentric now. Don't wait for old age to wear purple.
24. The most important sex organ is the brain.
25. No one is in charge of your happiness but you.
26. Frame every so-called disaster with these words 'In five years, will this matter?'
27. Always choose life.
28. Forgive
29. What other people think of you is none of your business.
30. Time heals almost everything. Give time time.
31. However good or bad a situation is, it will change.
32. Don't take yourself so seriously. No one else does.
33. Believe in miracles.
34. God loves you because of who God is, not because of anything you did or didn't do.
35. Don't audit life. Show up and make the most of it now.
36. Growing old beats the alternative of dying young.
37. Your children get only one childhood.
38. All that truly matters in the end is that you loved.
39. Get outside every day. Miracles are waiting everywhere.
40. If we all threw our problems in a pile and saw everyone else's, we'd grab ours back.
41. Envy is a waste of time. Accept what you already have, not what you need
42. The best is yet to come...
43. No matter how you feel, get up, dress up and show up.
44. Yield.
45. Life isn't tied with a bow, but it's still a gift."

LIC ACT 1956

LIC ACT 1956. CLICK ON IMAGE BELOW.
 LIC ACT

Income Tax 2014-2015

THE TAX SLAB u/s INCOME TAX' for Indian < 60 years age.
Income Rs 1/- to < less then 2,50,000/- tax applicable 0%
Income Rs. 2,50,000/- to 5,00,000/- tax applicable 10%
Income Rs. 5,00,000/- to 10,00,000/- tax applicable 20% 

Income Rs. 10,00,000/- and above > tax applicable 30%....

DEDUCTIONS ALLOWED TO SAVE TAX u/s INCOME TAX..
80C, 80CCC, 80CCD : Rs 1,50,000/- for Individual/HUF.
80D : Rs.15,000/- for Self & Family. (Mediclaim/Health)
80D : Rs.20,000/- for Senior Citizen Parents. (Mediclaim)
24(B) : Rs. 1,50,000/- for Home Loan interest ...
80E : Interest on Education Loan (No Limit)
80DD, 80DDB, 80U, other deductions depending on Illness.
80G : Donations - 50 - 100% of actual Donations.

Financial Planning Pyramid.


What is GDP ?

GDP is known as Gross Domestic Product.

  • GDP estimates are commonly used to measure the economic performance of a whole country or region, but can also measure the relative contribution of an industry sector.
  • The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country's economy.
  • The pattern of GDP growth is held to indicate the success or failure of economic policy and to determine whether an economy is 'in recession'.

NEW Jeevan Sangam.


LIC's new Jeevan Rakshak Policy.

Jeevan Rakshak Policy.

This is a discounted endowment policy launched by LIC of India, Considering the Vision 2020 Slogan, "Life Insurance In Every Pocket".

The benefits are Simple.
Example :

Age 30.
Sum Insured - 2lacs.
Premium - 600 per month. i.e. 7200 per year.
Term For Premium Payment : 20 years.

Benefits after maturity
1. 200000 guaranteed
2. Loyalty addition. i.e. the bonus added.

Mathematical Calculations

Saving 7200 every year for next 20 years.
Total savings = 7200 * 20
                      =   144000

Guaranteed amount 200000. i.e. already more of what we save.
                                                +
                               Loyalty Additional Bonus.

Insurance Benefits
1. Death of the policy holder before completion of 5 years policy term, the nominee will
    get 200000.
2. If the Death is accidental, the nominee will get 400000.
3. After Death of policy holder after completion of 5 years policy term, the nominee will get
    200000 + Bonus.

This is a discounted policy launched by the intention to give insurance to families + savings + Guaranteed long term bonus.

It is highly recommended to buy this plan from your nearest LIC agent.

How can LIC provide such a discounted plan ?
Ans. In this plan the commission of the agent is less. Normally the agent gets 25% of the total premium, but in this plan the commission of LIC agent is less to 15% and renewal commission is also less from 5% to 3%.

NOTE :
1) This plan is for those who are physically fit.
2) One individual can buy only one policy.
3) Maximum Sum Insured in this policy is Upto 2lacs.
4) This policy will be served to those between Age Group of 8 years to 55 years.
5) Any one can buy this policy from small income to high income group.

For more details you are free to contact us on :- +91 8879 228 328

LIC CAREER 2015.


Share this page for those who require Insurance Career. Thanks.
www.licindia.in/careers.htm

Fake LIC claims ...!!!

 Inline images 1
They made fake LIC death claims
TNN Feb 3, 2013, 03.59AM IST
BANGALORE: Malleswaram police on Friday arrested four persons for making public sector LIC policies in fake names and later making false death claims of the policy holders to the tune of Rs 1.4 crore. This was after five years of taking these Jeevan Mitra policies from LIC.
The fake claims came to light after LIC officials detected something fishy in the transactions involving seven LIC policies by the prime accused Trilok Kanthilala Farik alias Farik alias Trilok, with the help of another accused, Syed Yusuf to get fake voter identities, ration card and other documents in the names of non-existent individuals.
To help them was an LIC staffer Kushal Kumar Katharia (chairman's club member). After five years of taking the LIC policies, they claimed the policies worth Rs 1.4 crore stating that the holders were dead. Trilok had changed his name to Aiyappa and claimed the Rs 14 lakh from LIC making death claims.
Trilok also took a policy in the name of his daughter Jasmine T Farik in which he made his wife Vandana Farik the nominee. He then claimed that Jasmine was dead and siphoned off Rs 6.04 lakh. He also withdrew money in the names of Rupa D Shah and Pushpadevi, after affixing his daughter's photographs and claimed Rs 26 lakh from Shah's account and Rs 16.5 lakh from Pushpadevi's policy. He had also claimed Rs 6.58 lakh from a policy taken in the name of his son Divyesh, claiming that he was dead.
He affixed photograph of Vimala Jain, and giving fake addresses in the name of Sagaradevi took away Rs10 lakh in the form of death claims. In another instance he also claimed Rs 16.5 lakh on another death claim of Poonam to the tune of Rs 16.5 lakh. The suspect was caught when he tried to make a false death claim on a policy held by Jagadish Choudhary. The LIC managed to detect the fraud before Fakir could make false claim on 14 more policies to the tune of Rs 2.5 crore.
WANTED SINCE 1995
City police claimed that Trilok was wanted as a rowdysheeter in City Market police station, Ulsoorgate, Peenya, Yeshwantpur and Chickpet and is facing several robbery, extortion, threat assault and burglaries charges since 1987. He was also wanted in another case reported in Mangalore city. He had come from Delhi, where he was facing a case under Terrorist and Disruptive Activities (TADA) in Paharganj police station. He was also slapped an externment order by the police commissioner in 1995. Trilok, Jasmine, Kushal Kumar and Vandana are behind the bars.

Haryana Govt. Banned SBI Life For 3 years


Haryana government blacklists SBI Life Insurance company