Shares of life and health insurance companies soared von Thursday after the Goods and Services Tax Council exempted insurance premiums from levies. The insurance services are currently under 18% rate.
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GST 2.0 to enhance persistency in life insurance plans; HDFC Life, Niva Bupa top buys: Siddhartha Khemka
The insurance industry is set to benefit meaningfully from the GST Council’s recent decision to exempt retail health and life insurance from the 18% tax previously applicable. Effective September 22, ...
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