Debt MF outflows hit record Rs 2.9 lakh crore in MarchAmong debt fund schemes, overnight funds recorded redemptions of ₹40,227 crore followed by money market funds with an outflow of ₹29,207 cr...
Non-life insurers seen holding up better than life peersIndian insurers anticipate subdued Q4 earnings due to equity market declines impacting investment gains. While life insurers face muted pro...
LIC Q2 net rises 31% on business growth, higher marginsLife Insurance Corp, or LIC, saw its September quarter profit jump 31% to over ₹10,000 crore. This growth was fueled by its core business a...
LIC gets GST demand notice of Rs 479.88 croreLIC received a demand notice of Rs 479.88 crore for the short payment of GST for the financial year 2020-21. The notice is from the Deputy ...
LIC gets GST demand notice of Rs 105 croreLife Insurance Corporation of India (LIC) has received a demand notice amounting to Rs 105.42 crore for short payment of GST over seven fin...
LIC gets GST demand notice of Rs 101.95 croreLife Insurance Corporation of India (LIC) faces a demand notice for Rs 101.95 crore from tax authorities over short payments of GST for fiv...
LIC gets GST notice of Rs 605 crore for wrong availment and short reversal of ITCLIC has received a GST notice amounting to Rs 294 crore and a penalty of Rs 29.4 crore from the Deputy Commissioner of State Tax in Mumbai ...
LIC gets GST demand notice of Rs 663 croreLIC disclosed receiving a demand notice of approximately Rs 663.45 crore from tax authorities for GST shortfall. The notice cites wrong Inp...
India Inc faces onslaught of GST demands as tax authorities try to meet deadlineSeveral prominent Indian companies, including Hindustan Unilever (HUL), ICICI Bank, and LIC, faced tax demands on the eve of the new year a...
LIC gets GST demand notice of Rs 116 croreThe corporation shall file an appeal before Joint Commissioner (ST), Hyderabad Rural Division against the said order within the prescribed ...
LIC gets GST demand order with interest & penalty worth ₹183 cr for Telangana"Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corp...
I-T Dept moves Bombay HC against tribunal's order in favour of LIC in Rs 4,993 crore tax disputesThe Income Tax Department has filed an appeal with the Bombay High Court against an appellate tribunal ruling in favor of Life Insurance Co...
GST Authority imposes Rs 36,844 penalty on LICLife Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes. The corpo...
GST Council likely to clarify premium on life insuranceThe GST Council will provide clarity on input tax credit for life insurers, following a demand on Life Insurance Corporation (LIC). The iss...
LIC starts recruitment process for 300 Assistant Administrative Officer. Here are all detailsAs per official notification, the selection of Assistant Administrative Officers is based on a three-tiered process -Prelim, main and inter...
Income from property rented out: GST AAR makes an important rulingIn its ruling, the AAR held that GST exemption is provided by the nature of the property and its usage and not by the status of the recipie...
LIC-IDBI Bank deal gets cabinet nodThe LIC-IDBI deal has been approved, a source said after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.