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

The concept of inverted tax structures has undergone a change post this reform. Earlier the differential input output rates ...

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

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

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

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

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

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

From Sept 22, 2025, GST is exempted on individual life and health insurance premiums, making coverage more affordable and ...

ICICI Lombard, Care Health and Aditya Birla Health Insurance have lowered commission payouts on retail policies as GST on ...

In a major action against tax evasion and money laundering, the Ranchi zonal office of the directorate of enforcement (ED) ...