In short, removing GST will likely make life insurance cheaper, especially for pure protection policies; however, customers ...

The government is considering exempting life and health insurance premiums from the 18% GST, a move aimed at making insurance ...

"ITC on group health and life insurance policies may be taken up for discussion. But there is no proposal to exempt these ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

GST reduction is expected to enhance affordability and boost life and health insurance sales, especially among ...

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

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...

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.

Goods and services tax (GST) on premiums paid for health and life insurance became a hot-button political issue in 2024, ...

The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of ...

GST exemption for insurance for individuals is expected to result in an annual revenue loss of around Rs 9,700 crore, he ...

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