[ad_1] As of today, October 1, life insurance policyholders in India will get advantages due to new regulations regarding surrender values and Tax Deducted at Source (TDS). These changes aim to enhance financial security for policyholders. The Insurance Regulatory and Development Authority of India (IRDAI) has announced new regulations mandating higher surrender values for endowment […]
Council could heed to Gadkari’s call to exempt life insurance from GST; ₹200 crore revenue loss likely – CNBC TV18
[ad_1] In a significant development, the Goods and Services Tax (GST) Council is likely to exempt life insurance from GST during its upcoming meeting on September 9. The move, which has garnered widespread support, could lead to a revenue loss of ₹200 crore annually, according to a senior government official. “The government has been receiving representations from […]