The proposed GST 2.0 overhaul could bring welcome relief to insurance buyers, with potential cuts or exemptions on premiums.

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

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

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

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.

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

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

Insurance premiums, currently subject to an 18% goods and services tax, may soon be exempted from it. The group of ministers ...

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.

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.

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