GST reform push: Centre proposes GST exemption on life and health insurance; GoM to submit report by October
The Centre has proposed exempting individual life and health insurance policies from GST, Bihar Deputy Chief Minister and convenor of […]
Insurance Industry News
Life and health insurance may not attract any GST soon
Soon, life and health insurance premiums may not attract any Goods and Services Tax (GST), with the Centre formally proposing
GST on health, term insurance likely to be scrapped or cut to 5%, says report
The government is expected to completely scrap, or significantly reduce GST on health and term insurance to 5 percent from
Insurance premium may become costlier if GST is reduced to zero, industry explains why
As the government plans to overhaul GST rates across the industries, the insurance sector is on the radar for possible
Govt likely to slash GST on insurance premiums to nil, says report
The government aims to slash Goods and Services Tax (GST) on insurance premiums to 5% or even zero from 18%
Govt considering lower GST on LIC premium? Here’s what Finance Ministry says
The issue of GST (goods and services tax) on health and life insurance is expected to be taken up again
Rs 9,000 savings on insurance: Seniors, middle-class likely to benefit as GST Council mulls tax cut
Senior citizens paying Rs 50,000 annually for health insurance currently shell out an additional Rs 9,000 solely in Goods and
GST cut on life, health insurance likely; relief for policyholders may be around the corner
The Goods and Services Tax (GST) Council is anticipated to unveil significant tax relief measures for insurance policyholders in its
Big GST cut on insurance in the works? What it means for your premiums in 2025
In the upcoming GST Council meeting this month, life and health insurance policyholders can expect some relief. The all-powerful GST
Rising Premiums and 18% GST Force Middle Class to Drop Health Insurance
A person is an administrator in a private company, has decided not to renew his health insurance due to increased
