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

The agenda includes reports from the three Groups of Ministers (GoMs) on rate rationalisation, compensation cess, and ...

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

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.

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

Centre considers exempting life and health insurance from GST, with states pushing for mechanism to pass benefits to consumers.

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 ...

The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.

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.

The Centre has suggested exempting individual life and health insurance policies from GST, currently set at 18%. Bihar Deputy ...

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