Tag: Insurance GST
Life insurance GST: GST reduction will make insurance little affordable for customers, says Department of Finance Joint Secy
Goods and services Tax (GST) reduction will make insurance a little affordable for customers, said the Department of Finance Joint Secretary, as per an ET…
insurance GST: GoM suggests higher GST rates for premium products, relief for senior citizens’ health insurance
A group of ministers (GoM), tasked by the Goods and Services Tax (GST) Council to look at rate rationalisation, has suggested changes in rates of…
Health, life insurance premiums need a tax cut? GoM to meet on October 19
The ministerial panel to decide on lowering goods and services tax (GST) on health and life insurance premiums will have its first meeting on October…
GST Council Meeting Highlights: Everything Finance Minister Sitharaman and the GST Council decided on in Monday’s meet
Finance Minister Nirmala Sitharaman on Monday chaired the 54th meeting of the Goods and Services Tax (GST) Council, consisting of state finance ministers, the panel…
Health insurance GST: Indian states may be blocking the way for a big tax relief
The Goods and Services Tax (GST) Council is set to meet on Monday, with discussions expected to focus on reducing the tax burden on health…
Govt collects Rs 8,263 cr towards GST on health insurance premium in FY’24
The government has collected Rs 8,263 crore towards GST on health insurance premium in 2023-24 fiscal year, Parliament was informed on Monday. The Minister of…