For purposes of determining the inclusion ratio, every individual is allowed a GST exemption (the base figure is adjusted annually for inflation). The amount is $13.99 million in 2025, $13.61 million ...
NEW DELHI: Individual health and life insurance has been made GST free, finance minister Nirmala Sitharaman announced on Wednesday. It comes as a big relief as the rate has been brought down from 18%.
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts. GST exemption on life insurance policies: ...
The Government's second major overhaul of the Goods and Services Tax (GST), referred to as "GST 2.0", comes into effect today, with a wide range of rate cuts. GST exemption on life insurance policies: ...
From Sept 22, 2025, GST is exempted on individual life and health insurance premiums, making coverage more affordable and transparent for policyholders. Insurance has long been a trusted way to secure ...
Road ahead Over the next two quarters, we will reduce it (GST impact) further and neutralise it. We are slightly ahead of ...
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