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Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.
Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...
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 ...
The lack of clarity on the treatment of inverted duty structure with GST exemption on health and life insurance (for individuals) has worried the insurance industry.
A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India. While this could lower costs for policyholders, insurers' loss of input ...
The group of ministers on GST reform is set to recommend a complete exemption of goods and services tax on health and life ...
Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are ...
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.
Insurance stocks like SBI Life and HDFC Life will be in focus after a GoM proposed exempting GST on individual health and life insurance premiums. The move, part of GST 2.0 reforms, could ease costs ...
Steps following up on Prime Minister Narendra Modi's Independence Day announcement of rationalising the indirect tax regime ...
The Indian government plans to exempt GST on individual life and health insurance policies, reducing it from the current 18 ...