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

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 Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

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 ...

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

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

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

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

The GST Council is considering exempting health and life insurance premiums for individuals, potentially leading to ...

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