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Tag: Life Insurance

Will Term Life Insurance Premium, Senior Citizens Health Coverage Be Exempt From GST? Final Decision Next Month
  • Sports

Will Term Life Insurance Premium, Senior Citizens Health Coverage Be Exempt From GST? Final Decision Next Month

DainikNews Live Admin2 years ago06 mins

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…

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

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

DainikNews Live Admin2 years ago04 mins

New Delhi: The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life insurance products and submit its report by October 30. Bihar Deputy Chief Minister Samrat Choudhary is the convenor of the GoM. The members of the panel include members from Uttar…

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