Will GST On Health, Life Insurance Premiums Be Reduced? GST Council To Finalise Tax Cuts In November, Sets Up GoM

Tuesday, 10 September 2024
Currently, 18 per cent GST is levied on health and life insurance premiums.

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Many states wary of lower GST on health, life covers

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...
IndiaTimes on September 5, 2024

GST Council Forms GoM To Review Tax Rate On Health, Life Insurance; Report By Oct 30

The 54th GST Council meeting on September 9 decided to set up a GoM to examine and review the present tax structure of GST on life and medical insurance.
Zee News on September 15, 2024

Will GST On Health, Life Insurance Premiums Be Reduced? GST Council To Finalise Tax Cuts In November, Sets Up GoM

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