News

The government is considering exempting life and health insurance premiums from the 18% GST, a move aimed at making insurance ...
GST reduction is expected to enhance affordability and boost life and health insurance sales, especially among ...
In short, removing GST will likely make life insurance cheaper, especially for pure protection policies; however, customers ...
"ITC on group health and life insurance policies may be taken up for discussion. But there is no proposal to exempt these ...
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 ...
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.
A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...
Removal of the Goods and Services Tax (GST) on insurance policies may pose a challenge for the insurers. Experts believe that ...
As the government considers an overhaul of GST rates across industries, the insurance sector has emerged as a key area under ...
Life insurance industry awaits clarity on GST rate cuts, aiming to increase awareness and penetration in Indian households.