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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.
Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...
Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...
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 ...
As the government considers an overhaul of GST rates across industries, the insurance sector has emerged as a key area under ...
GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...
A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.
The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.
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 ...