GST on health and life insurance premiums may come down, issue sent to rate rationalisation panel: Report

GST on health and life insurance premiums may come down, issue sent to rate rationalisation panel: Report

GST rates: The Goods and Services Tax on health and life insurance premiums has been making headlines for quite some time. According to a report by CNBC-Awaaz on August 8, sources familiar with the matter have suggested that a reduction in the GST rate on the premium paid for health and life insurance might be … Read more

Budget 2024: Will FM Sitharaman offer tax relief to senior citizens to ease burden? Key assumptions 

Budget 2024: Will FM Sitharaman offer tax relief to senior citizens to ease burden? Key assumptions 

Union Budget: Union Finance Minister Nirmala Sitharaman will be reading out her full Budget statement for the FY2024-25 on July 23. Every section, including corporate entities and individual taxpayers, is eagerly awaiting potential announcements that have the potential to significantly impact their financial situations.  Senior citizens especially have been waiting for some tax relief. According … Read more