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GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...
The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...
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.
In a key meeting held on Thursday, the panel of state ministers accepted the Centre’s plan to reduce the four-rate system to ...
GST exemption could particularly entice younger, first-time buyers, especially those in the 25-40 age group, who are often put off by the cost, according to experts.
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...
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 ...
A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...
Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...
Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...
The Group of Ministers (GoM) on insurance is in favour of scrapping GST on premium paid for buying individual health and life ...