Go Digit, Policybazaar given notice in ₹2,250 cr tax evasion case

The Directorate General of GST Intelligence (DGGI) issued notices to several insurance firms such as HDFC Bank, Go Digit Insurance and PolicyBazaar for tax evasion totalling ₹2,250 crore. The show cause notices said the firms produced fake invoices to receive input tax credits. DGGI's inquiry began in 2022 with investigation of invoices from 2018 to March 2022.