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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 ...
Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...
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.
Life insurance industry awaits clarity on GST rate cuts, aiming to increase awareness and penetration in Indian households.
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 ...
In a significant relief proposal for individual policyholders, the group of ministers on GST reform is set to recommend a ...
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 ...
Centre considers exempting life and health insurance from GST, with states pushing for mechanism to pass benefits to consumers.
The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.
The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of ...