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Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...
GST exemption could particularly entice younger, first-time buyers, especially those in the 25-40 age group, who are often put off by the cost, according to experts.
Removing or reducing GST would immediately ease financial load on senior health cover: Gaurav Dubey: Nandita Vijayasimha, Bengaluru Friday, August 22, 2025, 08:00 Hrs [IST] Prime ...
Will Mediclaim and life covers get cheaper by 18% if GST is waived on health and life insurance? Not quite, say industry and ...
In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...
Insurance premiums, currently subject to an 18% goods and services tax, may soon be exempted from it. The group of ministers ...
GoM backs GST 2.0, cutting slabs to 5% and 18%, promising tax relief for households, farmers, MSMEs and businesses. | One of ...
The Group of Ministers (GoM) on GST rate rationalisation on Thursday accepted the Centre’s proposal to restructure the indirect tax system by reducing the number of slabs to two ie 5 percent and 18 ...
Items such as ACs, TV sets and refrigerators will move into the 18 per cent slab from the current 28 per cent. Besides, there ...
"We have supported the two proposals by the Govt of India of scrapping GST slabs of 12 per cent and 28 per cent," Choudhary said after attending a meeting of the Group of Ministers (GoM) with Union ...
The Centre has proposed reforms in GST by reducing the number of slabs under Goods and Services Tax (GST) to 2 (5 and 18%) ...
Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...