Insurance Distributors to Bear GST Costs as Insurers Revise Commissions Post-Exemption

Last updated: 02 October 2025

The recent decision by the GST Council to exempt individual health and life insurance policies from GST after September 22, 2025 has triggered a significant shift in the insurance industry. While the move benefits policyholders by reducing their premium burden, insurers are scrambling to adjust thei

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