Tax demands

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ICICI Prudential Life faces US$1.7m GST demand over FY2024 filings

June 8 2026

The latest tax demand adds to the insurer’s growing exposure, marking the fifth such order issued since February this year.

ICICI Prudential Life hit with US$535K GST demand over FY2023 discrepancies

June 3 2026

The life insurer plans to challenge the GST demand tied to alleged discrepancies in its filings.

Go Digit receives US$2.1m GST show-cause notice over input tax credit claims

May 26 2026

The tax authority has raised a demand over alleged ineligible input tax credit for the period spanning FY2023 to FY2024.

GIC Re receives US$37.6m income tax demand for FY2024 assessment year

April 15 2026

The demand includes multiple tax additions relating to transfer pricing adjustments, amortisation of investment premium and provisions for doubtful debts.

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Bombay High Court grants stay on US$6.5m GST demand against ICICI Lombard

March 30 2026

The interim relief for ICICI Lombard halting a 623.6m rupees GST demand comes just as sector-wide tax disputes continue to mount.

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LIC faces US$1.1bn tax demand for FY2024 as industry-wide disputes widen

March 30 2026

LIC has received its second major tax demand in days, as tax disputes against Indian insurers continue to mount.

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