The government is considering exempting life and health insurance premiums from the 18% GST, a move aimed at making insurance ...

GST reduction is expected to enhance affordability and boost life and health insurance sales, especially among ...

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...

"ITC on group health and life insurance policies may be taken up for discussion. But there is no proposal to exempt these ...

In short, removing GST will likely make life insurance cheaper, especially for pure protection policies; however, customers ...

The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...

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.

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

The GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to ...

Life insurance industry awaits clarity on GST rate cuts, aiming to increase awareness and penetration in Indian households.

Goods and services tax (GST) on premiums paid for health and life insurance became a hot-button political issue in 2024, ...