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LIC CEO and MD R. Doraiswamy handing over the dividend cheque to Union Finance and Corporate Affairs Minister Nirmala Sitharaman on August 29, 2025 in the presence of DFS and LIC officials. Photo: Arrangement The Life Insurance Corporation of India (LIC) on Friday (August 29, 2025) paid ₹7,324.34 crore dividend to the Centre. CEO and…
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Image for representational purposes only. | Photo Credit: REUTERS South Korean automaker’s Indian arm Hyundai Motor India Ltd will launch the largest initial public offering (IPO) in the country’s history next week, aiming to raise ₹27,870 crore (about $3.3 billion). This IPO will surpass the ₹21,000 crore offering by Life Insurance Corporation of India (LIC)…
Matter pertains to wrong availment and short reversal of Input Tax Credit, LIC said. (Representational) New Delhi: Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20. The corporation…