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GST Cut on Insurance Premiums: Health and Life Insurance May Soon Cost Less with 5% GST

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GST Cut on Insurance Premiums: Health and Life Insurance May Soon Cost Less with 5% GST

The Case for GST Reduction on Health and Life Insurance The GST Council may soon decide on a plan. This plan could lower the Goods and Services Tax (GST) on insurance premiums in India. The proposal suggests reducing the rate from 18% to 5%. This change could make health and life insurance more accessible and … Read more