GST Council Reaches Consensus on Lowering Tax on Insurance Premiums: What You Need to Know
GST Council Reaches Consensus on Lowering Tax on Insurance Premiums: What You Need to Know In a pivotal development for policyholders and the insurance sector, the 54th GST Council meeting has marked a significant step towards reducing the Goods and Services Tax (GST) on health and life insurance premiums. Chaired by Union Finance Minister…