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The GoM of state finance ministers has endorsed the Centre's proposal for a two-tier GST structure, recommending it to the ...
Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.
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 ...
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
From an industry perspective, GST calibrated down to 5% may be preferred rather than a complete waiver, said Gurpal Singh ...
The Centre plans to exempt life and health insurance premiums from 18% GST, aiming to boost financial inclusion and healthcare access before Diwali.
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 ...
Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are ...
The Group of Ministers (GoMs), constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation, has proposed a complete exemption on health ...
The group of ministers on GST reform is set to recommend a complete exemption of goods and services tax on health and life ...
The Indian government plans to exempt GST on individual life and health insurance policies, reducing it from the current 18 ...
The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.
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