The additional cost from input credit reversal will likely be factored into the pricing of insurance policies, offsetting a large part of the intended relief for customers, they say ...

GoM supports Centre's proposal to simplify GST slabs, but opposition states seek clarity on revenue loss and compensation measures.

A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre’s plan to reduce the number of tax slabs.

NEW DELHI: India’s federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates but a state ministers’ panel has endorsed the new rate ...

In a significant move in the process of further simplifying India’s tax framework, the Group of Ministers (GoM) has ...

constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation at Vigyan Bhawan.

GST exemption for insurance under review The GoM also considered exempting individual health and life insurance from GST. If ...

Tata AIA Life Insurance introduces the Tata AIA Momentum 50 Index Fund, offering smart investments in India's high-growth ...

The panel is tasked with reviewing the Centre’s proposal to move 99 per cent of goods currently taxed at 12% to the 5% slab and 90 per cent of goods and services in the 28% slab to the 18% bracket.

The company stated in its filing with the bourses that it will separately disclose the details of Annual General Meeting.

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...