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Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

Bihar polls or Trump tariffs?: Oppn on GST reforms

Senior Congress leader and Rajya Sabha MP P Chidambaram has welcomed the Centre's recent GST rationalisation and rate cuts but criticised the move as being "8 years too late". IMAGE: Finance......

Why health insurance premium growth is in slow lane

Health insurance premium growth has slowed after touching record highs during the Covid-19 pandemic due to tapering demand from retail consumers amid affordability issues. Illustration: Dominic......

Pent-up demand boosted retail health insurance segment in October

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. Illustration: Dominic Xavier/Rediff This growth......

Govt for nil GST on insurance premium for individuals

The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.......

Insurers hopeful of reduction in GST on health, life premiums

The life and non-life insurance industries are hopeful of a reduction in the goods and services tax (GST) on health and life insurance premiums, after Prime Minister Narendra Modi, in his speech......

Insurance sector premium growth crossed 20% in Nov

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services......

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