GST Relief on Insurance: GoM Seeks Safeguards to Ensure Benefits Reach Policyholders

Last updated: 29 August 2025

The Group of Ministers (GoM) on Life and Health Insurance, chaired by Bihar Deputy Chief Minister Samrat Choudhary, met on Wednesday to deliberate on the Union government's proposal to reduce GST on individual life and health insurance policies. The GoM broadly agreed that easing the GST burden is

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