The New India Assurance receives Rs 255.68 crore income tax refund – Business Upturn
The New India Assurance Company has received an income tax refund amounting to ₹255.68 crore for the assessment year 2019-20. This refund includes both the principal amount and the interest accrued. The Income Tax Department issued a refund of ₹233.10 crore as the principal amount, along with an interest payment of ₹22.57 crore, bringing the total refund to ₹255.68 crore.…
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