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

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 ...

The Group of Ministers (GoMs), constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation, has proposed a complete exemption on health ...

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

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 ...

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

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

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

A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre’s plan to reduce the number of tax slabs.

Hyderabad: Deputy Chief Minister and Minister of Finance and Energy Mallu Bhatti Vikramarka emphasized that a mechanism ...

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