A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
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I am Vasantha Kumari.N founder of VK Investment Services. Over the last 10 years, we have helped numerous individuals ranging from Businessmen to Students, Salaried and Retire people in planning for a happy Retirement, Planning for Child's Education/Marriage as well as financial protection against any unforeseen events etc.
Read MoreA proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
Financial Express 29/07/2025
The move comes in response to grievances received by the Centralized Processing Centre (CPC) in Bengaluru, which highlighted that returns from various assessment years were wrongly invalidated due to system glitches.
