Income Tax Department Set to Issue Rs 25,000 Crore Tax Notices to Insurers Over Alleged Evasion

Last updated: 10 February 2024

The Income Tax Department is set to send demand notices totaling Rs 25,000 crore to several insurance companies by the end of March. According to a senior government official, this move comes as part of a reassessment of taxes paid by these companies for the period before April 1, 2023. The dispu

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