Tax & Penalty27 Aug 2026, 05:10 pm
New India Assurance Receives ₹78.39 Cr Tax Refund
AI Summary
The New India Assurance Company Ltd has received an income tax refund of ₹78,39,07,565 for Assessment Year 2022-23. This refund includes an interest component of ₹59,63,26,611. The company has informed the stock exchanges as per SEBI (LODR) Regulations, 2015. This significant refund is expected to positively impact the company's financial position.
Key Highlights
- Received tax refund of ₹78.39 Cr for AY 2022-23.
- Refund includes ₹59.63 Cr in interest.
- Information disclosed as per SEBI LODR regulations.
- Positive financial impact anticipated from refund.
Price Impact
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