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.

GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...

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

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

Telangana Deputy CM Mallu Bhatti Vikramarka also confirmed that the GoM proposed a complete exemption on health and life ...

The Centre has proposed exempting life and health insurance premiums from the current 18% GST. A Group of Ministers will ...

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 ...

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