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The   Income Tax Department   is a government agency responsible for administering and enforcing income tax laws in India. Its primary role is to ensure that taxpayers comply with their tax obligations and that tax revenue is collected efficiently and effectively.  

Life Insurance Corporation (LIC) is a state-owned life insurance company that was established in India in 1956. It is the largest insurance provider in India and is headquartered in Mumbai. LIC is responsible for providing life insurance coverage to millions of individuals across the country, with its network of over 2,048 branches and more than 1.2 million agents. LIC offers a wide range of life insurance products, including term plans, endowment plans, money-back plans, unit-linked plans, and pension plans. These products are designed to cater to the diverse needs of individuals and provide financial protection to their loved ones in case of any unfortunate event.