Life insurance industry awaits clarity on GST rate cuts, aiming to increase awareness and penetration in Indian households.

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...

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

Removal of the Goods and Services Tax (GST) on insurance policies may pose a challenge for the insurers. Experts believe that ...

Insurance premiums, currently subject to an 18% goods and services tax, may soon be exempted from it. The group of ministers ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.

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.

Macquarie explains that reduction in Goods and Services Tax on life and health insurance premiums could backfire if not ...

As the government considers an overhaul of GST rates across industries, the insurance sector has emerged as a key area under ...

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

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

GST GoM Convenor and Bihar Deputy CM Samrat Choudhary on Wednesday announced that the GoM has decided to back the Centre’s ...