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LIC PENALTY
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...05 Feb, 2025, 08.40 PM IST- 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...04 Feb, 2025, 10.13 PM IST
- 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 ...29 Aug, 2024, 06.44 PM IST
- RBI penalises IDFC First Bank, LIC Housing FinanceThe Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on IDFC First Bank and Rs 49.70 lakh on LIC Housing Finance for violati...05 Apr, 2024, 07.46 PM IST
- 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...03 Jan, 2024, 10.37 PM IST
- 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 ...02 Jan, 2024, 10.56 PM IST
- 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...11 Dec, 2023, 03.17 PM IST
- 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...18 Oct, 2023, 01.22 AM IST
- 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...11 Oct, 2023, 02.32 PM IST
- LIC gets income tax penalty notice of Rs 84 crore; insurer to file appealFor assessment year 2012-13, the tax authority has imposed a penalty of Rs 12.61 crore, for 2018-19 Rs 33.82 crore, while Rs 37.58 crore fo...03 Oct, 2023, 08.59 PM IST
- SBI offers loan to LIC employees to invest in IPOAccording to the SBI website, all employees with one year of confirmed service are eligible to apply for the loan. They can avail loan up t...05 May, 2022, 01.36 PM IST
- Sebi fines SBI, LIC, Bank of Baroda for violating mutual fund normsSebi observed that SBI, LIC and BoB are the sponsors of SBI Mutual Fund, LIC Mutual Fund and Baroda Mutual Fund, respectively, and they als...14 Aug, 2020, 08.17 PM IST
- Should I surrender my LIC Jeevan Anand Policy? If yes, how much will I get it?Instead of surrendering the policy, you can make it “paid-up” to avoid any penalty. The policy can be surrendered anytime provided two full...05 Aug, 2020, 11.55 AM IST
- LIC most consumer friendly: IRDAThe corporation had fewer lapses, higher claim settlement and no penalties from the regulator.02 Jan, 2014, 11.19 AM IST
- IRDA fines LIC, HDFC Standard for missing rural obligationIRDA has imposed a penalty of Rs 5 lakh each on two life insurers, LIC and HDFC Life Insurance, for failing to meet rural and social sector...20 Aug, 2010, 06.37 PM IST
- IRDA imposes penalties on 10 insurance cos: PranabIRDA imposed penalties on 10 insurance cos, including LIC, in 2008-09 and 2009-10 for violation of regulations.20 Apr, 2010, 10.39 PM IST
- HDFC, LIC Housing under CCI lensCompetition watchdog CCI has brought under its scanner several private banks and housing finance companies, including HDFC and LIC Housing ...03 Nov, 2009, 02.35 AM IST
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