Sachin
Quick Summary
GST Rate Reduction Proposal The GST Council is considering reducing the GST on life, health, and reinsurance premiums, currently at 18%. Fitment Committee Report A detailed report was presented by the Fitment Committee, comprising officials from the Centre and states, analyzing the impact of the
Daily Limit Reached
You have reached your daily limit of 2 Free Articles
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited Articles Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The current GST rate on life, health, and reinsurance premiums is 18%.
The GST Council is considering a reduction for life, health, and reinsurance premiums.
There is a broad consensus among council members to reduce GST rates on health and life insurance, with final details to be decided in the next meeting.
Lowering the GST on insurance premiums would reduce costs for millions of policyholders.
The final decision on the GST rate reduction for insurance premiums will be taken in the next GST Council meeting.
CAclubindia
