December 12, 2024 19:52 (IST)
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UK-based insurer Aviva found guilty in $26 million fake invoice scandal in India: Report

UK-based insurer Aviva found guilty in $26 million fake invoice scandal in India: Report

Aug 30, 2024, at 09:08 pm

New Delhi/IBNS: The Income Tax (IT) department has found that British multinational insurance company Aviva breached local regulations in India, capping commissions to sales agents with a system of fake invoices and clandestine cash payments, Reuters reported, citing an IT notice to the company dated August 3.