New Delhi, March 25 – The Life Insurance Corporation of India (LIC) announced on Wednesday that it had received a substantial tax demand from the Income Tax Department for the financial year 2021-22.In a statement filed with regulatory authorities, LIC said that the Income Tax Department's...
assessment
financial reporting
financial year 2021-22
income tax
income tax department
interim bonuses
jeevan suraksha fund
life insurance corporation of india
negative reserves
regulatory compliance
sebi listing obligations
section 80m deductions
stock exchange disclosure
tax deducted at source (tds)
tax demand
New Delhi, March 23 The income tax department has imposed a tax of ₹4,009.64 crore on undisclosed foreign income and assets under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax, 2015, over the nine months of the current fiscal year until December 2025.During the...
assessment
asset taxation
black money (tax)
fiscal year 2024-25
foreign income
income tax
income tax department
india
lok sabha
panama leaks
pandora leaks
paradise leaks
prosecution complaints
tax demand
undisclosed income
