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 December 19, 2024 edition of The Morning Standard.
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This story is from the December 19, 2024 edition of The Morning Standard.
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