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New Delhi: Term life insurance policies, and senior citizens’ health insurance premium are likely to be exempted from GST as most members of a state ministerial panel favoured cutting taxes to benefit the common man, an official said on Saturday. The GoM to decide on GST on health and life insurance premiums in its meeting…
GST On Health Insurance Premium: The Group of Ministers (GoM) is expected to recommend exempting goods and services tax (GST) on term life insurance premiums and health insurance premiums paid by senior citizens. However, the Official’s premiums paid for health insurance coverage of above Rs 5 lakh will continue to attract 18 per cent GST….
New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of technology, the ministerial panel tasked to rationalise rates is deliberating on lowering GST on essential items like health insurance and tractors up to 5 per cent. As tractor segment volumes saw marginal growth (year-on-year) in…
New Delhi: From 2025, Ayushman Bharat health ID cards will be available on Google Wallet, the company has announced. “As part of this commitment, we’re proud to be supporting the Government of India’s Ayushman Bharat Digital Mission (ABDM) that is being implemented by the National Health Authority. Google’s health research team has supported National Health…
New Delhi: The Union Cabinet has approved the health coverage with Rs 5 Lakh free health insurance cover on a family basis to all the senior citizens aged 70 years and above irrespective of income under the flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). With this approval, all senior citizens of…
New Delhi: The Union Cabinet has approved the health coverage to all the senior citizens aged 70 years and above with Rs 5 Lakh free health insurance cover on a family basis irrespective of income under the flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). This aims to benefit approximately 4.5 Crore…