Currently, policyholders pay 18 per cent tax on insurance premiums, which is now reduced to zero. This means policyholders only need to pay the base premium now. A big relief for health and life ...
Finance Minister Nirmala Sitharaman on Wednesday unveiled the most significant GST overhaul since its launch in 2017, introducing a streamlined two-slab structure under what is being called “GST 2.0.” ...
GST Reforms: The GST Council on Wednesday made a slew of important announcements, slashing rates of items keeping in mind benefits for common man. In an early festive cheer for the middle class, ...
The primary reason is to increase insurance penetration in India, which remains low compared to global standards, at 3.7 percent. The GST Council’s recent decision to cut GST on life and health ...
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