
The New India Assurance Company's share price saw a rise of up to 2.28% in intraday trading, reaching 156.45. This increase followed the company's announcement regarding GST orders and show-cause notices. While a significant tax demand of 2,298.06 crore was initially issued for the period April 2018 to March 2023, the Joint Commissioner dropped 2,187.95 crore of this demand, confirming 1.10 crore plus interest and penalty. The company plans to challenge the confirmed demand.