India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...

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

India’s GST rates are on a downward path. From 15.3 percent in 2017 to a projected 9.5 percent by FY27, once the ongoing ...

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

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

GoM approves streamlining GST rates to a simplified 5% and 18% two-slab structure, eliminating 12% & 28% slabs.

Tax experts praise Centre's two-tier GST rate proposal for simplifying system, boosting consumption, but caution on critical issues.

India's equity benchmarks rose for a sixth straight session on Thursday, boosted by financial shares that jumped on a ...

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 has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India. While this could lower costs for policyholders, insurers' loss of input ...

The report suggests that if the GST rate for smaller cars is reduced from the current 28% to 18%, consumers may see a price ...

Why it matters: Simplifying GST could ease compliance for millions of businesses, boost disposable incomes, and stimulate ...