- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Life Insurance Corporation of India has filed an appeal with the GST Appellate Authority in Andhra Pradesh regarding a significant GST demand of ₹18.84 crore, alongside interest of ₹0.06 crore and a penalty of ₹21.68 crore for FY 2019-20. While this financial demand poses potential liabilities, the company has clarified that it does not have a material impact on its overall financials, operations, or strategic activities. Investors should maintain a close watch on developments regarding this case, as any unfavorable outcome could influence the Corporation's future liability and operational strategy.