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The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...
The GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to ...
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 ...
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
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.
"ITC on group health and life insurance policies may be taken up for discussion. But there is no proposal to exempt these ...
GST reduction is expected to enhance affordability and boost life and health insurance sales, especially among ...
In short, removing GST will likely make life insurance cheaper, especially for pure protection policies; however, customers ...
The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.
Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...
Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...
The government is considering exempting life and health insurance premiums from the 18% GST, a move aimed at making insurance ...