The meeting will focus on proposals aimed at rationalising the current GST structure, which currently imposes an 18% tax on mediclaim premiums, which many stakeholders argue is unsustainable for consumers and insurers alike. As per sources, among the proposals under consideration are options to allow mediclaim companies to charge a reduced GST rate of 5% without the benefit of input tax credit (ITC) or to implement a uniform 5% rate specifically for business-to-consumer (B2C) supplies.
Denne historien er fra September 07, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra September 07, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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