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
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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.

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