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, […]
Insurance Industry News
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
Input tax credit loss to weigh on life insurers’ profitability in Q3FY26
The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life
GST exemption boosts life insurance sales 21% in Oct-Nov 2025, margins face ITC hit
India’s private life insurers saw a 21 percent year-on-year growth in October–November 2025 volumes after the goods and services tax
Average Health Insurance Cover Rises To Rs 19 Lakh After GST Removal
The average health insurance cover now stands at Rs 19 lakh, up 31 per cent after Goods and Services Tax
