One in three policyholders did not benefit from GST cut on insurance premiums, survey says
Despite the Union government’s decision to reduce Goods and Services Tax (GST) on life and health insurance premiums to 0% […]
Insurance Industry News
Star Health Insurance sees 50% increase in new policy demand post GST cut on health insurance
Chennai-based Star Health Insurance has seen a strong surge in demand post the removal of Goods and Service Tax (GST)
Has 18% GST exemption on insurance reduced premiums? Govt answers in Parliament
The Indian government confirmed on Wednesday that a recent GST exemption for insurance had lowered costs for policyholders. The GST
Systematix sees life insurance sector to gain post-GST cut; check top picks
India’s life insurance industry offers a long-term growth opportunity, supported by low penetration, a large protection gap and favourable demographics,
LIC takes ₹1,400 crore hit from loss of GST-linked input tax credit
Life Insurance Corp. (LIC) has taken a hit of ₹1,400 crore due to the loss of input tax credit after
No GST On Life And Health Insurance Premiums After Council Nod: Govt
The government has exempted GST on all individual life and health insurance policies, including family floater plans, following a recommendation
Insurance industry pitches for tax sops in Budget 2026-27, deductions under new tax regime, ITC anomaly fix
With Budget 2026 approaching, the insurance industry hopes for a hike in tax deductions, extension of tax benefits to the
Budget 2026-27: Insurance industry bats for income tax relief for premiums
After the rationalisation of goods and services tax (GST) on insurance premiums, the insurance industry is now seeking enhanced income
Why Insurance Premiums Haven’t Fallen After GST Cut: Input Tax Credit Loss Blunts Consumer Gains
When the GST Council exempted individual health and term insurance policies from Goods and Services Tax (GST) with effect from
₹1 Crore Term Insurance Plans Get Cheaper: Understanding the Impact of GST Removal
The government’s decision to remove GST from term insurance premiums has made headlines in the financial sector. By removing the
