Emerging risks | Growth Opportunities | APAC Insurance

Friday, March 27, 2026

Dedicated hubs

Browse content

LIC receives income tax demand of 71bn rupees for FY2022

The order is the largest in a series of income tax demands hitting India's life insurers, as the tax authority challenges the sector's treatment of reserves, fund losses, and exemption claims.
Lic receives income tax demand of 71bn rupees for fy2022  rein asia

Stay ahead with precise, independent journalism of APAC's insurance markets.


Experience 7 days of full access to premium insights

Already a member?

Login here

Share this article

Read next