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Religare Enterprises' Subsidiary Care Health Insurance Receives Rs 140.20 Crore Income Tax Demand
Care Health Insurance Limited, a material subsidiary of Religare Enterprises, received income tax demand orders totaling Rs 140.20 crores for assessment years 2023-24 and 2024-25 from Mumbai tax authorities. The company disputes the computation and expects the rectified demand to be approximately Rs 96 crores after filing a rectification