Will Mediclaim and life covers get cheaper by 18% if GST is waived on health and life insurance? Not quite, say industry and ...

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

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

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

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

After the PM's speech, the government later came out with details about the upcoming next-generation GST reform which is aimed at lowering tax rates for most daily use essential items, home appliances ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India. While this could lower costs for policyholders, insurers' loss of input ...

The lack of clarity on the treatment of inverted duty structure with GST exemption on health and life insurance (for individuals) has worried the insurance industry.

The group of ministers on GST reform is set to recommend a complete exemption of goods and services tax on health and life ...

The Centre plans to exempt life and health insurance premiums from 18% GST, aiming to boost financial inclusion and healthcare access before Diwali.

In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...

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.