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India's top 10 corporate taxpayers

7. Life Insurance Corporation of India

July 01, 2008

Life Insurance Corporation of India is ranked 7th amongst India's top taxpayers.

The company paid Rs 2,627 crore (Rs 26.27 billion) in 2007-08. This was lower by Rs 1,016 crore (Rs 10.16 billion) that what it paid in 2006-07.

Image:LIC office in Mumbai. | Photograph: Arun Patil

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