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Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister ...
GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.
Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.
India panel proposes exempting taxes on health, life insurance The final decision will be taken by the GST council, which is ...
constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation at Vigyan Bhawan.
A personal loan journey is not over with the payment of the last EMI. The last and most important step remains – obtaining the No Dues Certificate from the lender. It is an essential document required ...
which saw a spike after reports suggested that life and health insurance purchased by individuals may be exempt from the 18% Goods and Services Tax (GST) that is currently levied. HDB Financial ...
Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...