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

The meeting chaired by FM Nirmala Sitharaman will review GoM proposals, including reducing GST rates to 5% and 18%, with 40% ...

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 ...

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

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

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

A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

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.

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

New Delhi: The high-powered GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on September 3-4 to ...

As the government considers an overhaul of GST rates across industries, the insurance sector has emerged as a key area under ...