The insurance industry had approached the revenue department in the first week of April seeking a lenient view of the industry-wide commission practice and not to treat these violations as wilful evasion. In a letter to the department signed by 22 insurers and intermediaries, the industry also sought relief from the frequent summonses and the large penalties imposed.
from Banking/Finance-Industry-Economic Times https://ift.tt/oF5Ryf2
No comments:
Post a Comment