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

These “next generation GST reforms” are aimed at making India Aatmanirbhar, she told to the GoM during a meeting, adding that ...

India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input ...

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

The lack of clarity on the treatment of inverted duty structure with GST exemption on health and life insurance (for individuals) has worried the insurance industry.

Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...

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.

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

The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would ...

The GST Council plays a major role in creating a harmonised tax structure and fostering a unified national market by ...

On the surface, removing GST on insurance premiums seems like a big relief, but experts caution that the outcome may not be ...

The group of ministers on GST reform is set to recommend a complete exemption of goods and services tax on health and life ...