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

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

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

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

According to an office memorandum, the two-day meeting will bring together finance ministers from all states and Union Territories along with the Centre. The agenda includes reports from the three ...

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

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

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.

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

Experts analyze the impact of proposed GST exemption on health & life insurance policies, focusing on term & health plans.

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.