LIC of India received refund orders for Rs. 21,740.77 Crores from Income Tax Dept. on 15.02.2024

Life Insurance Corporation of India had received refund orders for Assessment Years 2012-13, 2013-14, 2014-15, 2016-17, 2017-18, 2018-19 and 2019-20. The total amount of refund was Rs.25,464.46 Crore. In this regard Income tax Department has released Rs. 21,740.77 Crore on 15.02.2024. The Corporation is pursuing for the balance with the Income Tax Department.

Shares of Life Insurance Corporation Of India was last trading in BSE at Rs. 1039.40 as compared to the previous close of Rs. 1055.40. The total number of shares traded during the day was 206267 in over 6991 trades.

The stock hit an intraday high of Rs. 1068.15 and intraday low of 1030.75. The net turnover during the day was Rs. 215023192.00.

Source : Equity Bulls

Keywords

LIC LifeInsuranceCorporationofIndia INE0J1Y01017 ITRefund