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

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

Life and health insurance policies may not attract any Goods and Services Tax (GST) as the Centre has formally proposed an ...

After the PM's speech, the government later came out with details about the upcoming next-generation GST reform which is aimed at lowering tax rates for most daily use essential items, home appliances ...

Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...

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

The Centre has proposed exempting life and health insurance policies for individuals from the ambit of GST, the head of a panel of minister.

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

The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would make coverage more affordable and boost penetration in India’s market.

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.

Telangana Deputy Chief Minister Mallu Bhatti Vikramarka, who is member of the GoM, said every state wanted health and life-insurance premiums to be exempt from GST ...