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

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

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

The new system is a step towards a simpler mode in India's seven-year-old GST regime, originally conceived as a single ...

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

Led by Bihar Deputy Chief Minister Samrat Choudhary, the six-member GoM agreed to streamline the present four-tier GST system ...

Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.

GST changes are set to reshape India’s real estate sector, property market, and housing affordability. With new tax slabs on cement, steel, and construction materials, developers and homebuyers may ...

Proposed GST cut on small cars from 29% to 18% could make popular models like Maruti Swift, Dzire, Tata Punch and more ...

The Group of Ministers on rate rationalisation has recommended a two-slab GST structure of 5% and 18% and a special rate of 40%. As the GST Council prepares to deliberate, states remain concerned ...

Hyderabad: Agriculture minister Tummala Nageswara Rao has written to Prime Minister Narendra Modi, Union finance minister ...