The GoM constituted on the issue had recommended complete waiver of GST on insurance for health insurance policies that provide a cover up to ₹5 lakh against the current rate of 18%. On all other policies, premium paid would continue to be taxed at 18%.
The Group of Ministers (GoM) constituted under Bihar deputy chief minister Samrat Choudhary has recommended complete waiver of GST on health insurance premium for senior citizens.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Retail firms now see Generative AI as a transformative tech
Consumers, especially online shoppers, now prefer quicker product recommendations and hyper-personalised content.
India's Smartphone Market Set to Cross $50 Billion in 2025
India's smartphone market is set to surpass $50 billion in value by 2025, driven by the ongoing trend of premiumisation, according to the latest research from Counterpoint Research.
New age of AI brings urgency to enterprise reinvention
As artificial intelligence diffusion accelerates across the enterprise and society at a rate that is faster than any prior technology; 69% of executives believe it brings new urgency to reinvention and how technology systems and the processes it enables are designed, built and operated.
Fielding holding Shafali back from returning to side?
WITH the series against Ireland starting soon, a source close to BCCI has said that it is up to the team management and players to make the most of the chances they are given.
ISL: Sting in tail for Chennaiyin FC in draw against Odisha
ODISHA FC scored an injury-time goal to snatch a point against Chennaiyin FC in the Indian Super League here on Thursday.
Boxers Shiva, Sachin shine
REIGNING champion Shiva Thapa began his title defence with a commanding win over Enayat Khan in welterweight (60-65kg) category at the 8th Elite Men's National Boxing Championship here on Thursday.
Jigsaw puzzle for selectors ahead of CT
Focus shifts to England series including 5 T20Is & 3 ODIs with latter taking prominence thanks to proximity of ICC event
Defending champ Sinner opens against Jarry
JANNIK Sinner was drawn on Thursday against big-hitting Nicolas Jarry to start his Australian Open defence while Novak Djokovic is on a collision course to meet Carlos Alcaraz in the quarter-finals.
Vijay Hazare Trophy: Tomar helps Rajasthan beat TN in pre-quarters
OPENER Abhijeet Tomar struck a well-paced hundred as Rajasthan recorded their first ever win over Tamil Nadu in Vijay Hazare Trophy history to enter the quarterfinals here on Thursday.
Spurs beat Liverpool in League Cup semifinal
LIVERPOOL boss Arne Slot slammed the controversial decision not to send off Tottenham's Lucas Bergvall before the teenager sealed a 1-0 win in the League Cup semi-final first leg on Wednesday.
