Search result for 'gst on insurance'

Amit Mitra, former West Bengal finance minister, criticizes the Union Budget, calling it a 'disaster' for the common people and questioning the 100% FDI in insurance, alleging a 'conspiracy'.

India's finance minister says states rejected the proposal to include aviation turbine fuel (ATF) in the Goods and Services Tax (GST). The GST Council also deferred decisions on insurance premiums...

The All India Life Insurance Employees' Federation (AINLIEF) is calling for the withdrawal of GST on insurance premiums, no further FDI hike, and the reinstatement of the old pension scheme.

GST on term life insurance premiums and health insurance for senior citizens is likely to be exempted. GoM recommends exemption for health insurance up to Rs 5 lakh.

A ministerial panel will meet on October 19 to discuss lowering GST on health and life insurance premiums. The GoM will submit its report by October-end, with a final decision expected in November.