Asia Insurance Post
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
Select Page
LIC receives GST demand notice of Rs 479.88 crore

LIC receives GST demand notice of Rs 479.88 crore

by AIP Online Bureau | Feb 27, 2025 | Indian News, Life

The company has received a communication/demand order for interest and penalty for Maharashtra on February 27 from Deputy Commissioner of State Tax, Mumbai, LIC said in a regulatory filing Mumbai: Life Insurance Corporation of India (LIC) on Thursday said it has...
Premiums to fall as Govt finalises GST cut from 18% to 12 % on Term Life and Health cover with input tax credit(ITC)

Premiums to fall as Govt finalises GST cut from 18% to 12 % on Term Life and Health cover with input tax credit(ITC)

by AIP Online Bureau | Feb 25, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

On Tuesday, senior officials Ministry of Finance, Insurance Regulatory Development and Authority(IRDA) and insurers had met in Delhi to finalise the GST cut proposals before they are sent to GST Council, headed by Finance Minister Nirmala Sithraman that will take a...
LIC receives GST demand notice of Rs 479.88 crore

LIC receives Rs 57.2 crore GST demand notice

by AIP Online Bureau | Feb 24, 2025 | Indian News, Life, Policy

The company has received a communication/demand order on Monday from Assistant Commissioner, Delhi regarding excess ITC availed, LIC said in a regulatory filing. New Delhi: Life Insurance Corporation of India (LIC) on Monday said tax authorities have slapped a demand...

GST Council approves ‘Track and Trace Mechanism’ to curb evasion

by AIP Online Bureau | Dec 21, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology

“The system shall be based on a Unique Identification Marking which shall be affixed on the said goods or the packages thereof. This will provide a legal framework for developing such a system and will help in implementation of mechanism for tracing specified...

GST Council to set up GoM to look into Andhra’s demand for 1 pc calamity cess

by AIP Online Bureau | Dec 21, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The GoM in January 2019 decided to approve the levy of 1 per cent ‘calamity cess’ by Kerala for a period of two years to fund rehabilitation work in the state hit by floods. The goods and services that faced the 1 per cent cess were decided by Kerala...
« Older Entries
Next Entries »

Recent Posts

  • Asia Index launches BSE Insurance Index
  • IRDAI board meet on July 14, likely to approve new licenses
  • Extreme Weather: Euro Zone could lose 5% of GDP, says ECB
  • UP govt sets July 31 deadline for kharif crop insurance; farmers must report damage within 72 hours
  • Supervision of National Health Claims Exchange may be shifted from NHA to MoF to curb rising healthcare costs, source says

Categories

  • Articles
  • Banking & Bancassurance
  • Blog
  • Breaking News!
  • Briefs
  • Climate, Environment, Renewable Energy
  • Data
  • Disaster & Management
  • Eco/Invest/Demography
  • Editorial
  • Events
  • Facts
  • Features
  • Health
  • Indian News
  • Intermediaries
  • International News
  • Interviews
  • Life
  • Main Menu
  • Non-Life
  • Pandemic
  • Pension & Social Security
  • Policy
  • Regulation
  • Reinsurance
  • Risk Management
  • Simple
  • Technology
  • Trends, Facts
  • Uncategorized
  • Wealth Management/ Philanthropy
  • Workplace/Employee Benefits
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
  • Eco/Invest/Demography
  • Indian News
  • International News
  • Health
  • Non-Life
  • Pandemic
  • Technology
  • Risk Management
  • Reinsurance
  • Banking & Bancassurance
  • Wealth Management/ Philanthropy