[ad_1] The Life Insurance Corporation of India (LIC) has issued a statement in response to recent remarks made by the United States Trade Representative (USTR), which alleged that the Indian government provides favourable treatment to LIC. In a clarification, LIC said the insurer is treated like any other insurance company by the Indian government and […]
LIC receives ₹480-crore GST demand for FY21 – CNBC TV18
[ad_1] State-owned insurer Life Insurance Corporation of India (LIC) on Thursday (February 27) said it has received a goods and services tax (GST) demand order from the Deputy Commissioner of State Tax, Mumbai, for the financial year 2020-21. The total demand, including GST, interest, and penalty, amounts to ₹479.88 crore. The breakdown of the demand […]
LIC receives ₹57.28 crore GST demand notice for FY2020-21 – CNBC TV18
[ad_1] State-owned Life Insurance Corporation of India (LIC) on Monday (February 24) said it has received a demand order from the Assistant Commissioner, Ward 206, Zone 11, Delhi, seeking ₹57.28 crore in Goods & Services Tax (GST), interest, and penalties for the financial year 2020-21. Company Value Change %Change “…this is to inform that the […]
LIC cuts stake in Mahanagar Gas by 2.09%, lowers holding to 6.94% – CNBC TV18
[ad_1] State-owned behemoth Life Insurance Corporation of India (LIC) on Friday (September 27) said it has reduced its shareholding in state-run Mahanagar Gas Ltd (MGL) by 2.09% over a two-week period. According to a filing made by the corporation, LIC’s equity holdings in MGL decreased from 9.03% to 6.94% of the company’s paid-up capital between […]
LIC raises stake in IRCTC to 9.3% through open market purchases – CNBC TV18
[ad_1] State-owned behemoth Life Insurance Corporation (LIC) on Thursday (September 12) said it has increased its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to 9.3%. “…this is to inform that the Life Insurance Corporation of India has increased its shareholding in equity shares of Indian Railway Catering and Tourism Corporation Ltd from 5,82,22,948 […]
LIC receives ₹605.59 crore GST demand order for FY20 – CNBC TV18
[ad_1] State-owned Life Insurance Corporation of India (LIC) on Thursday (August 29) said it has received a demand order from the Deputy Commissioner of State Tax, Mumbai, totalling ₹605.59 crore for the financial year 2019-20. “…this is to inform that the Life Insurance Corporation of India (the Corporation) has received a communication/ demand order for […]