Public sector life insurance company Life Insurance Corporation of India (LIC) has suffered a slight setback in the second quarter of the current financial year. Giving information on Friday, LIC said that its net profit in the quarter ended September 30 fell by 3.8 percent to Rs 7,621 crore. According …
Read More »LIC felt a strong current, got a strong notice of GST demand penalty, now it will have to pay a huge amount
The public sector life insurance company has suffered a major setback. The company received a Goods and Services (GST) penalty order of Rs 605.50 crore for the financial year 2019-20. According to a regulatory filing by the leading life insurance company in the stock exchanges, this order is appealable before …
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