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A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?
According to Jalan, commissions paid to life insurance agents form a significant portion of expenses in the books of life insurers. This “Our GST data ... be able to claim full input tax credit ...
The Financial Express5d
GST relief on insurance: Why 5% tax could be better than a full waiver for consumers
GST relief on insurance premium: Why 5% tax could be better than a full waiver for consumers (Image: Freepik) The GST Council is reportedly leaning towards a middle-ground approach rather than a ...