GST Council took a big decision. Now 18% GST will not be levied on Life Insurance and Mediclaim Premium. Policyholders will get direct savings.
GST Council’s Big Decision: Relief for Policyholders as 18% Goods and service tax Removed from Life Insurance and Mediclaim Premium Introduction In a landmark decision, the GST Council has announced that the 18% GST on life insurance and mediclaim premiums will no longer be levied. This decision comes as a major relief to millions of…