Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...

The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...

Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.

Insurance premiums, currently subject to an 18% goods and services tax, may soon be exempted from it. The group of ministers ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.

Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...

GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...

The Centre has suggested exempting individual life and health insurance policies from GST, currently set at 18%. Bihar Deputy ...

The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.