July 2025
Big GST Cut on Insurance in the Works: What It Could Mean for Your Premiums in 2025
A significant policy shift may be on the horizon for insurance policyholders in India. The upcoming meeting of the Goods and Services Tax (GST) Council is expected to take up a proposal that could bring much-needed relief by reducing or removing the 18% GST currently levied on life and health insurance premiums. Potential Relief on…