[ad_1] The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is underway in Jaisalmer, Rajasthan. Sources reveal that discussions on the Group of Ministers’ (GoM) report regarding GST rates for the insurance sector have been deferred. Company Value Change %Change Bihar Deputy Chief Minister Samrat Chowdhary said that differences among GoM members led […]
Why reducing GST to 5% makes more sense than exemption for affordable health insurance: Niva Bupa CEO explains – CNBC TV18
[ad_1] Krishnan Ramachandran, MD & CEO of Niva Bupa Health Insurance, has called for a reduction in Goods and Services Tax (GST) on health insurance premiums to 5% from the current 18%. Speaking to CNBC-TV18, he emphasised that lowering GST, rather than exempting it entirely, aligns better with affordability goals and industry sustainability. Ramachandran argued […]
GST Council meeting on September 9: A look at key proposals and expected changes – CNBC TV18
[ad_1] SUMMARY The 54th GST Council meeting, scheduled for September 9, 2024, is set to tackle crucial issues, including the future of the GST compensation cess and potential changes to the GST rate on insurance premiums. By Anshul September 7, 2024, 6:15:05 PM IST (Published) [ad_2] Source link
Nitin Gadkari writes to Finance Minister to remove GST on life and medical insurance – CNBC TV18
[ad_1] Road and Transport Minister Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, urging her to consider removing the Goods and Services Tax (GST) on life and medical insurance. This letter followed suggestions from the Nagpur Divisional Life Insurance Corporation Employees Union regarding the life and general insurance sectors. According to Gadkari, GST on […]