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.

"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 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...

Taxes were imposed on health insurance even before GST regime, Sitharaman informs Lok Sabha

Aug 07, 2024

Speaking on the suggestions by many Opposition members to reduce GST on health insurance premiums, Finance Minister Nirmala Sitharaman on Wednesday hit back at...

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,...