Input Tax Credit issue: Insurers to charge 18% GST on agents’ commission
Two weeks after the government reduced the Goods and Services Tax (GST) on health insurance premiums from 18 per cent […]
Insurance Industry News
Insurers cut agent fees by 18% to offset input tax credit loss
Following the complete removal of 18 percent GST on retail life, health and accident cover insurance policies, some leading private
Post GST cut, insurance enquiries surge 61% in last week of September
The waiver of the Good and Services Tax (GST) on individual life and health insurance appears to be generating a greater interest
Private life insurers cut distributors’ commission to absorb adverse impact of GST waiver on insurance
As they pass on the Goods and Services Tax (GST) benefit to policyholders, private life insurers appear to have shifted
Insurers in talks to reduce distributor commissions following health insurance GST exemption
Insurance companies are in discussions to reduce the commissions paid to distributors, including web aggregators, banks and individual agents, following
Centre Directs Insurance Companies To Pass GST Benefits To Policyholders
The government has directed insurance companies to proactively undertake outreach campaigns to publicise GST reforms and pass on the benefits
GST rejig: No input tax credit for insurers on brokerage, CBIC clarifies
As India enters a new Goods and Services Tax (GST) regime, the Central Board of Indirect Taxes and Customs (CBIC)
DFS Secy asks insurers to launch outreach campaigns on GST benefits
The Department of Financial Services (DFS) Secretary, M Nagaraju, on Monday directed insurance companies to proactively undertake outreach campaigns to
GST cut on insurance may not bring relief, premiums could rise 12-18 %
When Finance Minister Nirmala Sitharaman announced in the 56th GST Council meeting that GST on individual health and life insurance
GST cut likely to boost individual protection, but revival will be gradual, say analysts
The Goods & Services Tax (GST) cut on individual life and health premiums is likely to help narrow India’s individual