![LIC slapped with ₹805 cr tax notice; shares down](https://images.assettype.com/fortuneindia%2F2022-05%2F818aa746-8b91-41a0-8bd0-1a83c6c36ced%2FLIC_03664_copy.jpg?w=300&q=95)
LIC slapped with ₹805 cr tax notice; shares down
LIC served GST notice 2nd time in more than a month after ₹183-cr tax demand from Telangana
LIC served GST notice 2nd time in more than a month after ₹183-cr tax demand from Telangana
The insurer can comply with norms of 25% minimum public shareholding by May 2032
The debutant that ranks at No.2 on Fortune 500 India list comes with a rich legacy, but post-listing it needs to prove its chops.