LIC SHARE NEWS

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"LIC Hit with ₹478 Crore GST Demand Notice – Here’s What It Means for Investors!"

2025-02-27 Niranjan

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.

"LIC Hit with ₹478 Crore GST Demand Notice – Here’s What It Means for Investors!"

U.S. Stock Market Plunges: $4 Trillion Lost in 30 Days Amid Trump's Tariff Tensions and Major Stock Declines

China, Russia, Iran to Hold High-Level Talks in Beijing on Iran’s Nuclear Program

Top 11 Small and Mid-Cap Stocks with the Highest FII Stake Reduction in the Recent Quarter

U.S. Inflation Cools to 2.8% in February, Boosting Market Optimism

India's Inflation Cools to 3.61% In February -Lowest in 7 Months