look news india
Mumbai/New Delhi, March 29 (HS). The offices of public sector insurance company Life Insurance Corporation of India (LIC) will remain open on March 30 and 31.
LIC said in a statement issued on Friday that it will keep its offices open on March 30 and 31 to facilitate taxpayers to complete the tax saving process before the end of the current financial year 2023-24. This step of insurance company LIC has come after the announcement of banks in which it was informed that their branches will remain open on Saturday and Sunday.
The public sector insurance company said that as per the advice of insurance regulator IRDAI, LIC has decided to extend this special measure to policy holders. According to LIC, to avoid any hardship to the policy holders, the offices under the jurisdiction of 'Zones' and Divisions will be opened for normal operations till official working hours on March 30 and 31.
It is noteworthy that the Reserve Bank of India (RBI) has directed banks to keep their designated branches open for government transactions till normal working hours on March 30 and March 31, 2024.