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As GST notices pile up, FMCG, auto, insurers face the brunt

Insurance companies such as LIC, Bajaj Allianz, ICICI Prudential, ICICI Lombard, Star Health and Allied Insurance along with other companies such as Maruti Suzuki, Akzo Nobel, Sheela Foam are among those that have received GST show cause notices in the last few months.

Bajaj allianzAbhishek jainSupreme courtIndirect tax headBajaj allianz general insuranceDirectorate generalGeneral insuranceMumbai zonal unitDabur gst noticeCgst noticeEnding gst noticeGst newsAbur gstNdian express

Pan-India op: DRI seizes foreign-origin gold worth ₹19 crore; 5 held in Mumbai

The syndicate allegedly used to smuggle gold brought into India via the country’s international border with Bangladesh and then further diverted the same to Mumbai, Nagpur, and Varanasi, among other urban destinations, agency sources said | Mumbai news

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Mumbai crime: DRI busts major gold smuggling syndicate in city, over 8 kg of yellow metal seized

Mumbai crime: DRI officials conducted raids at two locations in Mumbai's Zaveri Bazar and busted major gold smuggling syndicate in city

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Watch: Mumbai DRI Busts New Method Of Concealing Drugs In Sanitary Pads, Rectum; Drugs Worth ₹5 68 Cr Caught

Watch: Mumbai DRI Busts New Method Of Concealing Drugs In Sanitary Pads, Rectum; Drugs Worth ₹5 68 Cr Caught
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Revenue intelligenceMumbai zonal unit

I-T Dept says insurance companies, intermediaries evaded tax worth Rs 30,000 crore: Report

The I-T department said its observation is based on an internal income tax department assessment which noted that the insurance companies have suppressed their income and showed fake expenditure.

Bajaj allianzServices taxIncome tax departmentInsurance companyLife insurance corporation of indiaIncome taxDirectorate generalReliance general insurance companyLife insurance corporationAllied insuranceShow cause cum demand noticeMumbai zonal unitCentral goodsServices tax actBajaj allianz general insuranceInsurance companies