Following the GST Council's decision to exempt individual health and life insurance policies, insurers are adjusting to the ...

With the new guidelines in place, insurance companies are no longer eligible to claim ITC. This will lead to increase in ...

Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...

While strict cost caps has forced private insurers to pass GST burden to agents, PSUs like LIC, New India Assurance, Oriental ...

Meanwhile, insurance companies have found a way to offset their ITC losses. They are now reducing brokerage and commission ...

The government decision to exempt GST on individual life insurance premiums is a welcome relief for customers. While the ...

MUMBAI: Following the complete removal of 18 percent GST on retail life, health and accident cover insurance policies, some ...

As they pass on the Goods and Services Tax (GST) benefit to policyholders, private life insurers appear to have shifted the ...

When the government reduced GST rates on hotel rooms from 18% to 5% effective September 22, 2025, travelers across India ...

Following the GST cut on insurance policies, insurers may reduce commissions for intermediaries to manage increased costs.

Orissa HC dismisses writ against Rs.72 Lakh GST ITC rejection based on 'fake invoices' and 'non-existent suppliers,' directing the taxpayer to pursue the statutory appellate ...

Gujarat AAAR rules that companies cannot claim GST Input Tax Credit (ITC) on share buyback expenses, as securities are ...