ICICI Prudential Life's appeal against a Maharashtra GST demand for FY2019 has yielded only partial relief, as the insurer's cumulative tax disputes continue to grow.
The panel, due to report by 18 November 2026, will assess funding design options for the only remaining mainland Australian state relying on an insurance-based levy.
The Hong Kong non-life insurer's A (Excellent) rating and stable outlook remain intact as strong capitalisation and rising investment returns offset a soft, competitive market.
