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.

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

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

Life insurance industry awaits clarity on GST rate cuts, aiming to increase awareness and penetration in Indian households.

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

The Centre has proposed exempting individual life and health insurance policies from GST, according to Bihar Deputy CM Samrat ...

The Centre has suggested exempting individual life and health insurance policies from GST, currently set at 18%. Bihar Deputy ...

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

GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...

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 ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.