GST Council to Review Proposal for Exempting Health and Term Life Insurance

The GST Council is anticipated to meet in November, following state elections, to consider a Group of Ministers (GoM) recommendation to exempt health and term life insurance from GST. Currently taxed at 18%, this exemption, if approved, could provide significant relief to policyholders while reshapi

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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