Aviva ‘engaging’ with authorities over India tax investigation

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NEW DELHI: British insurer Aviva says its India unit is "actively engaging” with local authorities in connection with alleged tax evasion practices.

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The company faces as much as US$11mil in penalties, which is roughly its 2023 profit from selling life insurance in the country.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndia

Topics: Tax evasion Insurance /Business/Business News Aviva

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 00:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 225 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22324054

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 10 posts per day

Year Established: 1971

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News Last Updated: 4 hours ago

Coverage Areas: Malaysia

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Publisher ID: #22

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