2025-03-11Niranjan
The life insurance industry experienced mixed trends in February, with some insurers showing strong growth while others faced declines. This article analyzes the performance of major players—HDFC Life, SBI Life, Axis Max Life, ICICI Prudential Life, and LIC—across three key metrics: Premium Growth (YoY), Total Annualized Premium Equivalent (APE), and Retail APE.
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2025-02-27Niranjan
The Life Insurance Corporation of India (LIC) has received a ₹478.4 crore GST demand notice from the Deputy Commissioner of State Tax, Mumbai for the financial year 2020-21. The notice includes ₹242.3 crore in GST, ₹213.4 crore in interest, and ₹22.4 crore in penalties, citing wrong availment of ITC, interest on late payments, and short payment of tax liability.
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