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

Starting September 22, 2025, individual health and life insurance premiums are GST-exempt, but insurers have lost their ITC ...

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 ...

While some hotels expect higher bookings, especially with new GST rates coming into effect during the festive season, others ...

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

The Invoice Management System (IMS) ends automatic ITC population in GSTR-3B from Oct 2025. Taxpayers must Accept, Reject, or Pend B2B invoices via the GST ...

Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax ...

How to check the GST rates for various items using the revised GST table published by the Central Board of Indirect Taxes.

GST Council eases concerns in fertilizer sector, aligning input tax rates with finished products, but ITC accumulation ...

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