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ICICI Prudential Life Loses Tax Appeal, Faces ₹364.7 Crore Demand

22 August 2026
ICICI Prudential Life Insurance Company Ltd.

Commissioner (Appeals) upheld a GST demand of ₹182.4 crore and equal penalty for FY2018-FY2023, totaling ₹364.7 crore plus unquantified interest. The company plans a further appeal and states there is no adverse material impact on financial operations.

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