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Life insurance premium News

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GST On Health Insurance Premium: The GST Council addressed this issue during its September meeting, following discussions about the 18 per cent GST on life and health insurance premiums.  
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Nitin Gadkari Gadkari highlighted that imposing GST on life insurance premiums essentially means taxing the uncertainties of life.   
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The April-June, 2019-20 collective new premium income of 24 life insurers jumped 65.09 percent to Rs 60637.22 from Rs 36729.80 as compared to the same quarter last year.






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