New India Assurance Company Receives Income Tax Refund of Rs 255,68,12,262

New India Assurance Company Receives Income Tax Refund of Rs 255,68,12,262

New India Assurance Company Receives Income Tax Refund of Rs 255,68,12,262​

The New India Assurance Company Limited has announced the receipt of a refund from the Income Tax Department. The total refund amount stands at Rs 255,68,12,262.

The refund pertains to the Assessment Year 2019-20, covering both Income Tax and Interest components.

The detailed breakdown of the refund issued by the Income Tax Department is as follows:

Assessment YearIncome Tax (Rs)Interest (Rs)Total (Rs)
2019-20233.10.64,30822,57.47,954255.68,12,262
Total14,30822.57.47.954255,68,12,262

NIACL Stock Price Movement​

As of 3:24 PM, shares of The New India Assurance Company Limited are edging higher in live trading, gaining 1.13% and trading at ₹164.42. The stock is currently fueled by robust activity, having seen a total traded volume of 1.18 million shares.
 

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