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Insurers to Levy 18% GST on Agent Commissions After Tax Cut on Health Premiums

Kavi Priya

Insurance companies in India are facing a new challenge after the government decided to remove the Goods and Services Tax (GST) on health insurance...

GST Compensation Cess - GST - Pankaj Chaudhry - Group of Ministers - GST compensation cess update - New group of ministers - TAXSCAN

MoS Finance Pankaj Chaudhry likely to Convene New GoM on GST Compensation Cess

https://www.taxscan.in/wp-content/uploads/2024/07/Comparing-types-General-Insurance-Plans-taxscan.jpg

Comparing different types of General Insurance Plans

Maximizing Savings - How to Leverage 80D Deduction - Deduction - Health Insurance - taxscan

Maximizing Savings: How to Leverage 80D Deduction for Health Insurance in 2024

HDFC Life faces Rs. 27 Cr GST Demand Order

GST on Health Insurance: A Burden on Individuals to Pay High Premium

A health insurance is a form of risk management that helps to reduce the financial risks associated with unexpected health issues, accidents, or emergencies. In India commodities and services are...

Below 18% GST on Health Insurance: Recommends Parliament

The Parliamentary Panel on Finance has recommended reducing the Goods and Services Tax (GST) on health insurance products for senior citizens and microinsurance products below 18 per cent to make it...

GST on Health Insurance to Reduce, Deadlock persist on Input Tax Credit

In a significant move to boost the insurance sector, the central government is aiming at reducing the GST on health Insurance premium. However, deadlock persist on input tax credit, sources said. ...

4 Advantages of Health Insurance that Covers Maternity

If you plan to have a baby, you must also prepare yourself financially to become a parent. While you can use your savings and investment to pay for the pregnancy expenses, you may want to preserve...

Advantages - Health Insurance - Maternity - taxscan

Finance Ministry extends due date for Renewal of Health, Motor Insurance Policies due to COVID-19 outbreak

The Government has provided relief for third party Motor Insurance & Health policyholders in the light of COVID-19 lockdown. The Ministry of Finance has issued notifications on April 1, 2020,...

Health Motor Insurance - extends -govt -Taxscan

Recovery of 50% of Parental Health Insurance Premium from Employees does not Amount to Supply: AAR Maharashtra [Read Order]

The Maharashtra bench of the Authority for Advance Ruling ( AAR ) in an application filed by Jotun India Pvt. Ltd. held that the recovery of 50% of the Parental Health Insurance Premium from employees...