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Hyderabad: Deputy Chief Minister and Minister of Finance and Energy Mallu Bhatti Vikramarka emphasized that a mechanism ...
Ministers from various states converged in the capital Wednesday to discuss the Centre’s proposal to overhaul GST structure.
Prime Minister Narendra Modi has proposed India's biggest tax reform in eight years to lower consumption levies on everyday ...
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
GoM meets to discuss Centre's GST rate cut proposal. Focus on reducing tax slabs to 5% & 18%. Impact on consumers & MSMEs.
Currently, health and life insurance premiums attract 18% GST. For instance, a life insurance policy with a Rs 100 premium ...
Bihar Deputy Chief Minister Samrat Chaudhary on Wednesday said that the Group of Ministers (GoM) on GST is considering a ...
The Centre has proposed exempting individual life and health insurance policies from GST, according to Bihar Deputy CM Samrat ...
The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would ...
The Centre’s proposal, once approved by the GoM, will be placed before the GST Council during its next meeting, scheduled in September.
Cement GST cut from 28% to 18% may reduce affordable housing prices by 2–4% and mid-segment by 2–3%, as per an analysis by Anarock ...
Tax experts believe the exemption could improve affordability but caution that expectations of a full 18% premium cut are unrealistic.