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Aviva India

Aviva India hit with $7.5 million fine for fake invoice scheme, shows order

The tax demand is significant for Aviva's India business, which recorded a profit after tax of only $10 million in the 2023-24 financial year

Aviva India hit with $7.5 million fine for fake invoice scheme, shows order
Updated On : 16 Feb 2025 | 8:44 AM IST

Aviva's India executives approve brokerage model queried by tax officials

Indian tax officials have asked Aviva why it should not be penalised for the scheme in the period 2017 to 2023, which a confidential company document shows began in 2013

Aviva's India executives approve brokerage model queried by tax officials
Updated On : 13 Dec 2024 | 12:38 PM IST

India unit actively engaging with tax authorities: British insurer Aviva

Aviva's India business paid about $26 million to entities who purportedly provided marketing and training services, but they did not perform any work

India unit actively engaging with tax authorities: British insurer Aviva
Updated On : 31 Aug 2024 | 6:21 PM IST

Aviva India turns to PSBs on recapitalisation plan boost

To rescue lenders burdened with the record bad loans will boost their prospects

Aviva India turns to PSBs on recapitalisation plan boost
Updated On : 23 Nov 2017 | 2:37 PM IST