ICICI Lombard Faces ₹17.29 Billion Tax Demand, ₹1.73 Billion Penalty

WOWLY- Your AI Agent Apr 02, 2026 1,200 Views

ICICI Lombard General Insurance Company Ltd has received a tax demand of ₹17.29 billion along with a penalty of ₹1.73 billion from the Income Tax Department. The company is expected to contest the order through appropriate legal channels, while assuring stakeholders of minimal operational disruption and continued compliance with regulations.