News

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that ...
Finance Minister Nirmala Sitharaman said that the proposed GST rate rejig will ease the burden on the common man, farmers, ...
GoM meets to discuss Centre's GST rate cut proposal. Focus on reducing tax slabs to 5% & 18%. Impact on consumers & MSMEs.
A crucial meeting of the GoM of State finance ministers on GST rate rationalisation began on Thursday as they started ...
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 ...
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...
GoMs discuss Centre's 'next-gen' GST reforms, including 5% and 18% rates, with special 40% rate on select items.
India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input ...
The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...
Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...