LIC takes ₹1,400 crore hit from loss of GST-linked input tax credit
LIC, India's largest life insurer, managed to largely offset the loss of input tax credit through an increase in the share of margin-accretive non-participating policies and by rationalizing expenditure, says MD and CEO R. Doraiswamy
LIC, India's largest life insurer, managed to largely offset the loss of input tax credit through an increase in the share of margin-accretive non-participating policies and by rationalizing expenditure, says MD and CEO R. Doraiswamy
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