The Group of Ministers (GoM) has agreed to largely exempt the goods and services tax (GST) on term life insurance premiums and health insurance...
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The GST Council is preparing to debate lower taxes on health and life insurance, but states worry about revenue loss. The meeting will also cover online gaming and GST clarifications for branches. Consumers are watching closely as the current 18% tax on insurance premiums could be reduced.
The Group of Ministers (GoM) has agreed to largely exempt the goods and services tax (GST) on term life insurance premiums and health insurance...
GST On Health Insurance Premium: The GST Council addressed this issue during its September meeting, following discussions about the 18 per cent GST on...
GST may soon be waived for term life insurance and senior citizen health premiums, following a decision by the Group of Ministers.
A final decision on GST on health and life insurance premiums, as well as rate rationalisation, is likely to the taken by the GST Council, chaired by...
EG's Q3 results reflect above-average cat loss as well as lower premiums in Insurance. Higher premiums in Reinsurance and improved net investment...
The GST Services Tax (GST) revenue in October grossed over ₹1.87 lakh crore on the back of robust domestic demand and stricter compliance
The GoM members also decided to lower tax rates on 20-litre packaged drinking water bottles and bicycles to 5 per cent from 18 per cent.
An Australian insurer has been told to unwind a 60 percent increase to a customer's insurance premiums after the person complained - but New Zealand...
GL's third-quarter results reflect higher excess investment income and insurance underwriting income as well as growth in Life and Health insurance...