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A zero-per-cent GST may seem more appealing, as there is no tax to pay at all. However, with a full exemption, insurers would ...
Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...
Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...
The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...
A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.
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.
GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...
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 ...
The GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to ...
The Centre has proposed exempting life and health insurance premiums from the current 18% GST. A Group of Ministers will ...