Union Finance Minister Nirmala Sitharaman announced a major reform under GST 2.0 at the 56th GST Council meeting on September 3. Effective today, individual health insurance premiums will be ...

For purposes of determining the inclusion ratio, every individual is allowed a GST exemption (the base figure is adjusted annually for inflation). The amount is $13.99 million in 2025, $13.61 million ...

NEW DELHI: Individual health and life insurance has been made GST free, finance minister Nirmala Sitharaman announced on Wednesday. It comes as a big relief as the rate has been brought down from 18%.

The decision to exempt life and health insurance from GST marks a major shift in India's indirect tax policy. (PTI) In a landmark decision, the GST Council on Wednesday approved a complete exemption ...

New Delhi, Sep 3: In a significant development for policyholders, GST on individual health and life insurance premiums, which currently stands at 18 per cent, has been reduced to nil in the 56th GST ...

Effective September 22, 2025, the GST on individual policies will drop from 18 percent to zero, reducing the cost of these products by the equivalent of 18 percent. The Goods & Services Tax (GST) cut ...

The Goods and Services Tax (GST) on health and insurance products, which stood at 18 per cent, has been cut to zero, in a major revamp of the GST rate structure, announced Finance Minister Nirmala ...

MUMBAI: Relax, if you are a salaried individual and have taken a residential flat on rent/lease, the recently introduced norms for levy of goods and services tax (GST) under the reverse charge ...

New Delhi, Jul 13: The Revenue Department today clarified that sale of old jewellery as well as old vehicles by individuals will not attract any GST as the sale is not for furthering any business.

Are you thinking about travelling abroad soon? You’ll probably want to get travel insurance, as many countries now require travellers to have it before they go. But the good news is that your trip may ...

New Delhi:Central GST officers have arrested an individual for evading Goods and Services Tax (GST) of about Rs 16.30 crore after detailed analysis of GST return data, the finance ministry said on ...