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ICICI Prudential Life Insurance has been ordered to pay a GST and penalty of Rs 835 crore from Maharashtra s State Tax department for FY2019. The order includes violations related to input tax credit reversal, mismatch in ITC, non-payment of tax on fixed asset sales, and interest on GST payment. ....
The company’s 2022-23 annual report states that only 12% of the addressable population in India is covered by retail protection policies, which presents a high growth potential. Factors like low penetration, higher financial saving as a percentage of GDP, rising urbanisation, young population, growing awareness and encouraging regulatory reforms will boost the insurance sector. Analysts expect a better performance due to growth in protection segment and increased contribution of agency and direct channels in distribution. Should you invest? ....
ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 84715.30 Crore) operating in Financial Services sector. ....
ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 81807.45 Crore) operating in Financial Services sector. ....