The Group of Ministers (GoM) is in the favour of exempting individual life and health insurance policies from GST, Bihar ...

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 ...

The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would ...

SBI Life Insurance, HDFC Life Insurance, LIC, ICICI Lombard, other insurance stocks traded over a percent higher on Thursday after reports suggested that Goods and Services Tax (GST Council’s Group of ...

States reportedly made it clear that the benefits of GST reduction should go to insurance policyholders and not companies.

On Thursday, the Group of Ministers (GoM) on rate rationalization, part of the Goods and Services Tax (GST) Council, will ...

Insurance stocks like SBI Life and HDFC Life will be in focus after a GoM proposed exempting GST on individual health and life insurance premiums. The move, part of GST 2.0 reforms, could ease costs ...

Emkay noted that there is ambiguity around whether group platform products like credit life and banca health insurance, paid by individual customers, will benefit from the exemption.

The GST Group of Ministers (GoM) suggested that health and life insurance be exempt from the 18 percent GST currently levied.

The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.

FM makes presentation on GenNext GST reforms to GoMs from States; GoM on insurance proposes exemption on health, life ...

Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul GST structure.