LIC Receives GST Bill Exceeding Rs 290 Crore from Bihar Tax Department

Last updated: 25 September 2023

The Life Insurance Corporation of India (LIC) has received a Goods and Services Tax (GST) demand, which includes interest and penalty, from Bihar state tax officials amounting to over Rs 290 crore. This development was disclosed in an exchange filing dated September 22. Here is a breakdown of the
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Guest

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Click here to Login and post comments    OR

Recent News :

  1. ICAI and IIPA Join Hands to Strengthen Municipal Finance, Accounting and Urban Governance
  2. Centre Notifies Additional PMLA Special Courts in Gujarat
  3. CBDT Grants Section 10(46) Exemption to District Legal Services Authority, Jind
  4. CBDT Revises 'Specified Fund' Definition Under Income Tax Act, 2025
  5. No Proposal to Scrap LTCG Tax for Retail Investors, Govt Clarifies in Lok Sabha
  6. RBI Releases Draft Foreign Investment Rules 2026, Invites Public Comments Till 31st August
  7. CBDT Enables Foreign Assets Reporting in AIS: Taxpayers Can Now View CRS/FATCA Data Online
  8. RBI Enhances Fintech Oversight with SRO Framework, AI-Based Fraud Detection and Cyber Safety Measures
  9. UPI Crosses 55.49 Crore Users in June 2026; FY26 Transactions Hit Rs 314 Lakh Crore
  10. CBDT Notifies NaBFID 10-Year Zero Coupon Bond Under Income Tax Act, 2025

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Eshwari NirmalEshwari NirmalPro Member Sagar KhakhiwalaSagar KhakhiwalaPro Member Moby MogliMoby MogliPro Member Rajesh SurapaneniRajesh SurapaneniPro Member S J MITRAS J MITRA
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details