GST on LIC Premiums: No Reduction Yet, GoM Seeks More Time

Last updated: 06 August 2025

In response to a query in the Lok Sabha, the Ministry of Finance clarified that the Government has not yet taken a final decision on reducing the GST on Life Insurance Corporation (LIC) premiums. However, the issue is under active consideration by a Group of Ministers (GoM) constituted to evaluate G

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Attached File : 671907_25196_gst_on_lic_premium.pdf

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