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

GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...

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

Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...

As the government considers an overhaul of GST rates across industries, the insurance sector has emerged as a key area under ...

The Group of Ministers (GoM) on insurance is in favour of scrapping GST on premium paid for buying individual health and life ...

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

Prime Minister Narendra Modi's GST reforms are set to reshape India's tax structure, reducing the slabs from four to two. But ...

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

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute the benefits for most customers? Read to know what experts have to say.

The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would make coverage more affordable and boost penetration in India’s market.

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