HDFC Life receives ₹126 Cr tax demand, ₹45 Cr interest addedhHDFC Life receives ₹126 Cr tax demand, ₹45 Cr interest addedh

Introduction

Leading life insurance firm received an Income Tax Order for assessment year 2023-24, citing ₹126.46 crore tax demand and ₹45.55 crore interest, appeal to be filed.

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Share price movement of HDFC Life Insurance

On March 25, 2026, HDFC Life Insurance Company Ltd opened at ₹601.55, down 0.29% from its previous close of ₹603.30. The stock reached a high of ₹617.00 (2.25%) and a low of ₹601.55 (-0.29%). By 11:43 AM, it traded at ₹612.40, a 1.51% increase, with a market cap of ₹1,32,132.39 crore.

HDFC Life Receives Tax Order

HDFC Life Insurance Company Limited received an Income Tax Order from the Assistant Commissioner of Income Tax, Central Circle 6 (2), Mumbai, on March 23, 2026, for assessment year 2023-24.

The order includes a tax demand of ₹126.46 crore and interest of ₹45.55 crore. No penalty has been imposed. Alleged issues relate to income classification and deductions under Sections 10 and 14A.

The company stated the order will have no material impact on operations. HDFC Life will contest the order through appeal before the Appellate Authority within the specified period.

Stock performance of HDFC Life Insurance for period of 1 week, 6 months, and 1 year

HDFC Life Insurance Company Ltd delivered a 1-week return of -6.27%, a 6-month return of -21.1%, and a 1-year return of -10.4%.

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Shareholding pattern of HDFC Life Insurance

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	50.20%	50.30%	50.30%
FII	24.30%	24.80%	24.80%
DII	15%	15%	15%
Public	10.30%	10.30%	10.40%

About HDFC Life Insurance

HDFC Life Insurance Company Ltd (NSE: HDFCLIFE) provides individual and group life insurance solutions, offering protection, pension, savings, and investment products across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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