A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?

Lately, there have been multiple demands to exempt term life insurance premiums from the ambit of GST (Goods and Services Tax ...
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Full GST exemption on health and life insurance premiums proposed: While insurers may hike premium, post tax cost for consumer is likely to come down

The GST Group of Ministers (GoM) has today proposed to completely exempt premiums paid towards health and life insurance policies from the GST levy, ET reported. While this may seem like a great move ...