Exemption of GST from life and health insurance premium to make products affordable: Insurers

Exemption of GST from life and health insurance premium to make products affordable: Insurers

Since its inception in July 2017, GST at the rate of 18% is levied on premium paid towards health insurance. (Image used for representation purpose only) | Photo Credit: Getty Images/iStock Photo Terming the GST Council’s decision to exempt insurance premium from the indirect tax as a landmark move, insurers said this will help make […]

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