GST 2.0 Overhaul: Govt Considers Reducing GST on Insurance from 18% to 5% or Nil

Last updated: 20 August 2025

The government is working on a sweeping Goods and Services Tax (GST 2.0) blueprint, which could see insurance premiums taxed at just 5% or even zero, compared to the current 18%, according to areport citing official sources. The move is aimed at making insurance more affordable and reducing the fina

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Category GST   Report

Comment   Share
  135 Views
Comments

Recent News :

  1. CBDT Notifies New Salary & Income Thresholds Under Section 17 of Income Tax Act
  2. GST 2.0 Overhaul: Govt Considers Reducing GST on Insurance from 18% to 5% or Nil
  3. No Proposal to Impose Fees on UPI: Finance Ministry Reaffirms in Lok Sabha
  4. Income Tax Department Recovers Rs 3,588 Crore, But 59,352 Audit Cases Remain Unsettled: CAG
  5. Commerce Ministry Prepares 100-Day Reforms Agenda to Boost FDI, Startups and Exports
  6. New Income Tax Bill, 2025: Major Corporate Tax Reforms to Simplify Compliance and Boost Certainty
  7. GST Registration to Be Cleared in Just 3 Days, Refunds to Be Automated Under Upcoming Reforms
  8. GST Fraud: Ambika Steel Partner Arrested in Hyderabad for Bogus ITC Claims
  9. GST Reforms: Sin Goods to Stay Costly, Relief Likely for Man-Made Fabrics
  10. CBI Arrests Mumbai Customs Officer in Rs 10.2 Lakh Bribery Case

More »


Popular News




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

Browse by Category