The New India Assurance Company has received an income tax refund of ₹249.79 Crores for the Assessment Year 2009-10. This includes an interest component of ₹8.89 Crores. The company announced the receipt of this refund on September 24, 2025.
Income Tax Refund Received
The New India Assurance Company announced that the Income Tax Department has issued a refund totaling ₹249.79 Crores. This refund pertains to the Assessment Year 2009-10. The announcement was made on September 24, 2025.
Details of the Refund
The total refund amount of ₹249.79 Crores includes an interest component of ₹8.89 Crores. The receipt of this refund will positively impact the company’s financials.
Source: BSE
