Life Insurance industry posts 21% annual growth despite slowdown in Oct due to GST waiver: Report

Nov 11, 2025

The life insurance industry witnessed a decline in new business premiums (NBP) in October 2025, primarily due to the recent Goods and Services Tax...

"Can't impose GST on something as essential as life insurance," says Congress MP Shashi Tharoor

Aug 06, 2024

Reacting to 18% GST implemented on life insurance and medical insurance premiums, Congress MP Shashi Tharoor on Tuesday said that something as essential as...

GST council likely to give big relief to individuals, senior citizens on Health Insurance premiums- Sources

Sep 09, 2024

The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance premiums on Monday.

Exemption of GST on life insurance: How your premiums get cheaper from September 22

Oct 01, 2025

New Delhi [India], October 1: Life insurance is one of the most important ways to secure your family's financial future. Upto September 21, 2025,...

GST cut on Insurance premiums may lower costs, insurers brace for near-term impact: Report

Sep 03, 2025

Health and term insurance premiums may become cheaper if the Goods and Services Tax (GST) Council approves rate cuts at its meeting, which began...

Mamata Banerjee writes to Nirmala Sitharaman seeking GST exemption on insurance premium

Aug 02, 2024

West Bengal Chief Minister Mamata Banerjee has requested the central government to withdraw the Goods and Service Tax (GST) on life insurance and health...