A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that ...

The additional cost from input credit reversal will likely be factored into the pricing of insurance policies, offsetting a large part of the intended relief for customers, they say ...

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

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

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

From an industry perspective, GST calibrated down to 5% may be preferred rather than a complete waiver, said Gurpal Singh ...

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

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

A big change is being discussed that could make life and health insurance more affordable for millions of people in India.

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 life and health insurance premiums from the current 18% GST. A Group of Ministers will ...