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.

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

Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...

The GST Council plays a major role in creating a harmonised tax structure and fostering a unified national market by ...

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

Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...

Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...

These “next generation GST reforms” are aimed at making India Aatmanirbhar, she told to the GoM during a meeting, adding that ...

India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input ...

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

Sitharaman said the Government is committed to forging a broad-based consensus with states on the reforms. Sitharaman added ...

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