New India Assurance gets GST demand notice for ₹2,298-crore
New India Assurance Company Limited has received a show cause notice demanding ₹2,298 crore in GST from the Additional Commissioner's Office, Mumbai-South for FY2019-2023. The demand cites alleged fraud, deliberate misrepresentation, or concealment of facts. The insurance company has stated that its business operations or financial position will not be impacted by the notice.