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Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul the GST ...
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the ...
Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...
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.
Government may abolish 18% GST on health and life insurance premiums, making policies more affordable for middle class and ...
The rally followed remarks from Bihar Deputy Chief Minister and GoM convenor on insurance, Samrat Choudhary, who said the proposal to exempt individual and family insurance polici ...
India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input ...
Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...
The GST Council is expected to approve the shift in the coming weeks, with a new 40% slab reserved for sin goods such as ...
The Centre has proposed exempting individual life and health insurance policies from GST, according to Bihar Deputy CM Samrat ...
General Insurance Corporation gained nearly 3% to trade at Rs 398 apiece. Meanwhile, Life Insurance Corporation Of India gained nearly 2% to trade at Rs 917 apiece. The third biggest gainer was SBI ...
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul GST structure.