"As the GST rates are applicable over and above the insurance premium, if the GST rate is reduced, it is expected to benefit the policyholder directly, especially in a competitive market with many insurers as the cost of insurance (health & life) will reduce to that extent," Sitharaman said. Currently, an 18% GST is levied on premiums paid for life and health insurance policies.
Bu hikaye Financial Express Mumbai dergisinin December 03, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin December 03, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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