Massive Rs 30,000 Crore Tax Evasion Scandal Unveiled in the Insurance Industry

Last updated: 14 October 2023

A seismic scandal has rocked the insurance industry as an internal income tax department assessment reveals a staggering evasion of nearly ₹30,000 crore in income tax since the inception of the Goods and Services Tax (GST) on July 1, 2017. The alleged wrongdoing centers on insurance companies and th

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