Go Digit Hit with ₹384 Crore Income Tax Demand; Company to Contest Notice

Mumbai, March 27, 2026 — Go Digit General Insurance, one of India’s leading insurtech companies, has received a significant tax demand notice of ₹384.4 crore from the Income Tax Department.

The demand, which includes principal tax along with interest of approximately ₹100.4 crore, pertains to the assessment year 2023-24. The company disclosed the development in a regulatory filing.

According to sources, Go Digit plans to challenge the notice, describing the matter as an industry-wide issue that several general insurance players are currently facing. The company believes it has a strong case and intends to file an appeal before the appropriate authorities.

This latest Income Tax demand comes shortly after Go Digit received a separate GST-related order in early March 2026. In that case, the Chennai GST authorities reaffirmed a demand of around ₹170 crore (including ₹154.8 crore in tax and ₹15.48 crore penalty) for the period July 2017 to March 2022, primarily concerning treatment of co-insurance premiums and reinsurance commissions.

Go Digit has consistently maintained that such disputes are common across the general insurance sector and that it will continue to pursue legal remedies where necessary.

The company, backed by prominent investors and known for its digital-first approach, has been expanding rapidly in the competitive Indian insurance market. It went public through an IPO in recent years and has been focusing on innovation in motor, health, and property insurance segments.

As of now, the company stated that the notice is not expected to have any immediate material impact on its operations or financial position, though prolonged litigation could affect sentiment.

Shares of Go Digit General Insurance reacted mildly to the news, with investors closely watching how the company handles multiple tax-related matters in the coming months.

This development highlights the increasing scrutiny by tax authorities on the fast-growing insurtech and general insurance sector in India.