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ICICI Pru Life loses GST appeal cases, may have to pay over Rs1200 crore of taxes

ICICI Pru Life loses GST appeal cases, may have to pay over Rs1200 crore of taxes

by AIP Online Bureau | Feb 19, 2026 | Indian News, Life

However, in both the cases, the life insurer will file an appeal against the unfavourable orders before appropriate authority in due course and there are no financial implication for the company at this stage, the company said in an exchange filing on Thursday....
Aviva India fined $7.5 million by Income Tax authorities for fake invoice scheme

Aviva India fined $7.5 million by Income Tax authorities for fake invoice scheme

by AIP Online Bureau | Feb 16, 2025 | Indian News, Life, Policy, Regulation

After hearing Aviva’s defence, joint tax commissioner Aditya Singh Yadav ruled the company evaded tax of around Rs 32.6 crore ($3.8 million), which it must pay with a 100 per cent penalty, totalling Rs 65.3 crore, or $7.5 million, according to a February 5 order...

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