Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...

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

Insurance premiums, currently subject to an 18% goods and services tax, may soon be exempted from it. The group of ministers ...

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

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

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.

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.

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

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

GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...

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 ...