A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that ...

The Group of Ministers (GoMs), constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation, has proposed a complete exemption on health ...

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

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

A panel of Indian state ministers on goods and services tax (GST) has proposed exempting tax on health and life insurance ...

A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two.

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

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.

Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are unrealistic.

The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.

Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...

Head of GoM & Bihar Finance Minister Samrat Choudhary makes a big statement over GST exemption on Health & Life Insurance ...