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Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...
The Group of Ministers (GoM) on Goods and Services Tax (GST) rate rationalisation has backed the Centre’s push for a simplified two-slab tax system. Bihar Deputy Chief Minister Samrat Choudhary said ...
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 Finance Ministry has put forth a proposal about a simplified, two-tier Goods and Services Tax (GST) system with a ...
Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
The Pioneer on MSN4hOpinion

Gabbar Singh Tax or Good and Simple Tax

When I was a young journalist in Bombay (now Mumbai), there was an event that evoked a lot of humour and pained resignation.
The biggest beneficiaries will be commoners, with GST reduced on all essential items, and SMEs, which will turn more ...
The move has reportedly divided the centre and some states, who are seeking a “significant share” in the additional taxation ...
The panel of state ministers has proposed exempting health and life insurance premiums for individuals from the current 18%, ...
In response, the Karnataka government launched a ‘Know GST’ campaign, assuring that old arrears won’t be pursued if traders ...
E-sports in India may move to lower GST slab, boosting industry growth and distinguishing it from real-money gaming.
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...