New India Assurance Receives ₹781.39 Crore Tax Refund

The New India Assurance Company Ltd.

Key Quantitative Figures

The company has received an Income Tax refund totaling ₹781,39,07,565 (Seven Hundred Eighty One Crore Thirty Nine Lakh Seven Thousand Five Hundred Sixty Five Rupees).

This total refund amount includes an interest component of ₹59,63,26,611 (Fifty Nine Crore Sixty Three Lakh Twenty Six Thousand Six Hundred Eleven Rupees).

Details of Action and Date

The refund pertains to Assessment Year 2022-23.

The refund was received on 27th July 2026 at 12:53 hours.

The receipt follows the resolution of a specific grievance identified by number: 26492879-tua\ACN4165Cl (ITBA Resolution of Grievance No.).

Authority Involved

The action was taken by the Income Tax Department.

Financial Impact

The disclosure explicitly quantifies the financial impact as a cash inflow of ₹781,39,07,565. This represents a direct positive impact on the company's liquidity and cash position.