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January 11, 2025
Posted by: Arunanjali Securities
Category: Uncategorized

Like the faithful waiting eagerly for some recurrent hallowed ritual to commence, the annual budget is a ritual that keeps 10 crore plus tax payers, house-wives along with corporates and capital markets on their toes. The ruling dispensation, in the meantime, brags about the “handsome” outlays for various purposes like capital expenditure and a plethora…

Environment & Elections 24; A Missed Opportunity

June 6, 2024
Posted by: Arunanjali Securities
Category: Uncategorized

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Even as he spearheaded India’s freedom struggle, the Mahathma, by early 20th century had realized that the unbridled pursuit of “development” would reduce every village in India to poverty stricken shell with all its natural resources relentlessly exploited with hardly any thought to the sustainability of such “development”. But it was only in the 1970s…

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LIC Jeevan Akshay (189) Pension Calculator

Purchase Price = Rs. 25,00,000 + 1.8% GST = Rs. 25,45,000

Annuity Option = Annuity for Life

Pension depending on the Mode of Annuity
Yearly	Half Yearly	Quarterly	Monthly
Rs. 2,30,550	1,12,375	55,494	18,361

This will be paid to you for the rest of your life.

These are approx rates. Please check for exact annuity amount with LIC before purchase.

LIC New Jeevan Anand (815) Calculation


Sum Assured	1,00,00,000	Age	32
Policy Term	30

First Year Premium
Mode	Premium	GST ( @4.5 % )	Total Premium
Yearly	3,60,730	16,233	3,76,963

Second Year Onward Premium
Mode	Premium	GST ( @2.25 % )	Total Premium
Yearly	3,60,730	8,116	3,68,846

Benefits Details
Total Premium Paid (Approx)	1,10,73,509
Minimum Risk Cover	1,25,00,000
Maximum Risk Cover (Approx)	4,58,10,000
Matruity (Approx)	3,57,00,000
Post Matruity Risk Cover	1,00,00,000

Maturity Break-up
Sum Assured (A)	1,00,00,000
Accumulated Bonus (Approx) (B)	1,47,00,000
Final Addition Bonus (FAB) (Approx) (C)	1,10,00,000
Matruity (Approx) (A+B+C)	3,57,00,000

LIC Amulya Jeevan (823) Calculation


Sum Assured	1,00,00,000	Age	30
Policy Term	25

Premium
Mode	Premium	GST ( @18 % )	Total Premium
Yearly	19,600	3,528	23,128

Maturity And Death Benefits
Natural/Accident Death Benefit	1,00,00,000
Maturity Benefit	0

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