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

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

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

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

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

The proposed GST revamp aims to simplify the tax system by introducing a two-tier rate structure of 5% and 18%, along with a 40% levy on sin goods. While the move promises greater simplicity, it is ...

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

Removal of the Goods and Services Tax (GST) on insurance policies may pose a challenge for the insurers. Experts believe that ...

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

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

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 Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.