
Tax authorities send Rs 606 crore GST demand notice to LIC
NEW DELHI: Life Insurance Corporation of India (LIC) received a demand notice of about Rs 605.58 crore for short payment of Goods and Services Tax (GST) for the financial year 2019-20. The tax authorities sent LIC the notice on Thursday. The corporation has received a communication/demand order for interest and penalty for Maharashtra, LIC said…