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The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would ...
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...
Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul GST structure.
The GST Council is expected to approve the shift in the coming weeks, with a new 40% slab reserved for sin goods such as ...
Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...
Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...
The Group of Ministers (GoM) on rate rationalisation convened to examine the Centre’s proposed GST rate cut, aiming to balance revenue needs with relief for businesses and consumers.
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.
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 individual life and health insurance policies from GST, according to Bihar Deputy CM Samrat ...
India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input ...