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.

Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are ...

Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...

The group of ministers on GST reform is set to recommend a complete exemption of goods and services tax on health and life ...

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

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...

Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...

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

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

The lack of clarity on the treatment of inverted duty structure with GST exemption on health and life insurance (for individuals) has worried the insurance industry.

The Centre has proposed exempting individual life and health insurance policies from GST, according to Bihar Deputy CM Samrat ...

The Centre has proposed exempting life and health insurance premiums from the current 18% GST. A Group of Ministers will ...