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Mr. Prabhakar Patil
My name is Prabhakar K Patil. I was born and brought up in a small town of Bhusawal in Jalgaon. My journey from the small town of Bhusawal to becoming Nashik's topmost and most successful LIC agent for the last 19 years consists of lots of ups and downs, twists and turns.
I had financial crunches from childhood due to a lack of financial literacy and planning by my parents, so I had to start working from an early age. I took the LIC Agency in 1992 as a part-time job while simultaneously studying. I was working in NATELCO (National Telecom of India) as a Materials Manager.
SOUND INDUSTRY KNOWLEDGE WITH VARIED RANGE OF PRODUCTS
REGULAR REVIEW OF YOUR FINANCIAL PRODUCTS & NEEDS
TIMELY SERVICES
News
Following the tragic terror attack in Pahalgam, Jammu and Kashmir, where 26 people lost their lives, LIC has announced relief measures for the affected families.
ITR Filing: 5 major income tax provisions taxpayers need to know in 2025
Financial Express 24/04/2025
It is mandatory to choose between the old and new tax regime while filing the online form --- with specific exemptions and deductions available for individuals.
Greeting Of The Day
Blog
Every Woman Deserves Financial Freedom
2025-03-08
In every growing society, women are back bone of it and we are proud to say that we play a small part in strengthening the back bone by helping women become financially empowered.
First step of financial empowerment begins when we guide parents to make an investment in their daughter`s name so that she has a corpus to rely upon in case of any misfortune happening or despite it. Every girl today should have some wealth in her name as she reaches adulthood.
Second step we take is to help young women understand why it is important to invest money and save for themselves. With growing economy, more and more private sector jobs are opening up which on one hand is good but it also means no retirement pension from government.
So it`s imperative that every girl has a retirement plan for herself.
Third step is to guide every young man to make their wife nominee in all the investment they make and most importantly involve his wife in all the decisions. Wife should always be aware of any investment made so that in case any of any misfortune, she can handles it on her own and doesn`t have to rely on anyone.
With these three steps we make sure that all the women who come in contact with our firm directly or indirectly have a legacy in her name.
We invite you to be a part of our mission and help us by educating women and making them self-dependent on anything financial. A financially self-dependent woman creates a strong family and society.
Happy Women`s Day!
Major Highlights of Budget 2025
Budget
2025-02-01
Budget 2025: Key Highlights
Focus: Economic resilience, inclusive growth (poor, youth, farmers, women), MSMEs, startups.
Taxation: No tax up to ₹12 lakh (new regime), relief for higher incomes, simplified slabs/TDS/TCS, higher LRS threshold (₹10 lakh), increased rent TDS threshold (₹6 lakh), no TCS on education loans (up to ₹10 lakh). New tax bill.
Fiscal: FY25 deficit 4.8% GDP, FY26 target 4.4%. ₹28.37 lakh crore tax receipts (FY26 est.), ₹14.82 lakh crore borrowing. ₹10.18 lakh crore capex (FY25 rev.), ₹1.5 lakh crore interest-free loans to states.
Agriculture: Program for low-productivity districts, high-yielding seeds mission, creating sustainable fisheries. Infra: Broadband for schools/healthcare, expanded Udaan, ₹25,000 crore maritime fund, airport/canal projects.
Industry: National Manufacturing Mission, new urea plant, solar/battery ecosystem, footwear/toy schemes, India Post logistics.
Education/Skills: 5 skilling centers, IIT boost, AI centers (₹500 crore), 50,000 tinkering labs.
World Savings Day : Why savings is necessary?
Financial Planning
2024-10-30
Today (30th October) is World
Savings Day, A Special Day which re-emphasizes the importance of savings in our
day to day life. Right from our childhood, We have been taught that `A Penny
Saved is A Penny Earned`. The Phrase highlights the importance of savings which
is an proven way for Financial Success.
Here are few reasons why savings is necessary for everyone.
Wealth Creation: When you save and invest your money, you are putting your money at work to create more money. This is a proven way for wealth creation.
Protection Against Emergencies: In today`s world nobody can predict what lies ahead. But by saving money anyone can be prepared for the future. When you save money, you are creating a contingency plan for unforeseen Financial or Medical issues.
Retirement Planning: Retirement Planning is not a short term goal. It requires regular and disciplined savings for long term. By saving your money, you can ensure a hassle-free retirement without worrying about money.
Achieving Financial Goals: When you save regularly, you need not compromise on your financial goals and can achieve them easily without falling for the trap of loans at higher interest rates.
Here are few reasons why savings is necessary for everyone.
Wealth Creation: When you save and invest your money, you are putting your money at work to create more money. This is a proven way for wealth creation.
Protection Against Emergencies: In today`s world nobody can predict what lies ahead. But by saving money anyone can be prepared for the future. When you save money, you are creating a contingency plan for unforeseen Financial or Medical issues.
Retirement Planning: Retirement Planning is not a short term goal. It requires regular and disciplined savings for long term. By saving your money, you can ensure a hassle-free retirement without worrying about money.
Achieving Financial Goals: When you save regularly, you need not compromise on your financial goals and can achieve them easily without falling for the trap of loans at higher interest rates.
Team
Mrs. Nikam Kaumodini Harshal
Sr. Executive (Administration)
Mr. Bhonde Pankaj Balkrishna
Executive (Non Life and Field Work)
Ms. Gurav Lalita Mohan
Executive (Life Insurance Servicing and Premium Management)
Ms. Khan Muskan Sajir
Executive (Digital Marketing)