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

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 Centre has proposed exempting individual life and health insurance policies from GST, according to Bihar Deputy CM Samrat ...

A GST exemption for life and health insurance in the upcoming reforms would translate into a revenue loss of ₹9,700 crore, ...

The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of ...

In a significant relief proposal for individual policyholders, the group of ministers on GST reform is set to recommend a ...

From an industry perspective, GST calibrated down to 5% may be preferred rather than a complete waiver, said Gurpal Singh ...

Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

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.

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

GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...