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LIC GST PENALTY
LIC says insurance amendment to increase coverageParliament's amendments to insurance laws aim to boost coverage, enhance policyholder protection, and strengthen regulatory oversight, alig...- Stocks in news: LIC, IndiGo, TVS Motor, HCL Tech, GranulesIndiGo's market share rose from 64.4% in December 2024 to 65.2% in January 2025, according to monthly data released by the aviation departm...
- 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...
- Stocks in news: SpiceJet, CDSL, RIL, LIC, Shipping Corp, NTPCAviation watchdog DGCA decided to place SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance ...
- 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...
- Taxing times: Why are so many companies getting GST notices?The tax authorities have been shooting off tax demand notices for several months now. Tax officers sent around 33,000 GST notices to busine...
- 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 Rs 806-crore GST demand noticeLife Insurance Corporation of India (LIC) received a demand notice of about Rs 806 crore for alleged short payment of GST for 2017-18. LIC ...
- 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...
- Stocks in news: Delta Corp, SBI, SAMHI Hotels, Bajaj Finance, ICICI LombardState Bank of India (SBI) has raised about Rs 10,000 crore through issuance of infra bonds, which carry a coupon rate of 7.4%. This is the ...
- LIC gets order demanding Rs 290.5 crore GST with interest and penaltyLife Insurance Corporation of India (LIC) has received an order from Bihar Additional Commissioner State Tax demanding Rs 290 crore in good...
- LIC receives Rs 2,050 cr service tax notice from DGGIDirectorate-General of Goods & Services Tax Intelligence's Kolkata zonal office issued a notice which said LIC suppressed facts with intent...
- Taxi aggregators, ecommerce companies must register for GSTEcommerce players such as Flipkart and Amazon will also need to register under GST regime irrespective of value of supply made by them.
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