[ad_1] SBI Life Insurance Company Ltd on Wednesday (March 26) said it has received an Income Tax Order under Section 270A from the Assessment Unit of the Income Tax Department, imposing a penalty of ₹23.80 crore for the Assessment Year 2018-19 (Financial Year 2017-18). “…this is to inform that the Company has received an Order […]
Max Life, SBI Life deny speculative reports on bancassurance regulatory caps – CNBC TV18
[ad_1] Max Life Insurance Company Ltd and SBI Life Insurance Company Ltd on Thursday (November 28) denied recent media reports alleging that the Insurance Regulatory and Development Authority of India (IRDAI) plans to cap the proportion of business insurance companies generate through bancassurance partnerships. Both companies clarified they have not received any directives or communications […]