Karavali

LIC agents demand to revoke the service tax levied

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Mangalore, Feb 2: The members of LIC Agents Organisation of India organised a protest march from LIC office at Pandeshwar to the DC Office on February 1, Saturday demanding  to revoke the service tax levied on insurance premium.

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Addressing the protestors, state unit Secretary Ramesh Kumar said that the Union government moves towards privatisation  of PSUs in insurance, telecommunication and banking sectors by encouraging FDI is condemned.

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He also condemned the government decision to reduce the LIC agents commission  and urged the governmnt to withdraw the decisoon.

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Gangadhar Salian, President of the Udupi branch, Sunil Kumar Bajal, Honorary President and others were present.

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