|
15-05-2024
|
|
|
|
| Life Insurance Corporation Of India has informed the Exchange that 'Securities and Exchange Board of India ( SEBI ) vide its letter dated May 14, 2024 has conveyed its decision, to grant additional time of 3 years to Life Insurance Corporation of India ( the Corporation ) to achieve 10% public shareholding under Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, i.e., within a period of 5 years from the date of listing. Accordingly, the revised timeline for the Corporation to achieve 10% public shareholding is on or before May 16, 2027'. |
|
|
|
|
|
13-05-2024
|
|
|
|
| Life Insurance Corporation Of India has informed the Exchange regarding 'receipt of communication/ demand order for Goods & Service Tax, Interest and penalty for Assam State. The order is appealable before the Commissioner (Appeals), Assam.'. |
|
|
|
|
|
09-05-2024
|
|
|
|
| Life Insurance Corporation Of India has informed the Exchange regarding 'communication/ demand order received for Goods & Service Tax, Interest and penalty for Telangana State. The order is appealable before the Appellate Joint Commissioner (ST), Hyderabad Rural Division.'. |
|
|
|
|
|
09-05-2024
|
|
|
|
| Life Insurance Corporation Of India has informed the Exchange regarding 'filing of an appeal before Commissioner of Commercial Taxes (Appeals), Jamshedpur on May 09, 2024 against the order issued by Additional Commissioner, Central GST & Central Excise, Jamshedpur. Appeal has been filed against the order demanding GST of Rs. 161,62,33,898/- for FY 2018-19 & 2019-20 along with interest as applicable and penalty of Rs. 16,16,23,390/-.'. |
|
|
|
|
|
03-05-2024
|
|
|
|
| Life Insurance Corporation Of India ("the Corporation") has informed the Exchange that: a) The Corporation had sought for forbearance in respect of Expenses of Management for the financial year 2022-23 from Insurance Regulatory and Development Authority of India ( IRDAI ).b) IRDAI has allowed the Corporation to replenish the excess Expenses under respective segments from the Shareholders' account in equal annual instalments not exceeding three, starting from Q1 of Financial Year 2024-25. |
|
|
|
|
|