The proposed GST 2.0 overhaul could bring welcome relief to insurance buyers, with potential cuts or exemptions on premiums.

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 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.

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...

Removal of the Goods and Services Tax (GST) on insurance policies may pose a challenge for the insurers. Experts believe that ...

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 ...

Centre considers exempting life and health insurance from GST, with states pushing for mechanism to pass benefits to consumers.

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

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 ...