GST on insurance: Planning to delay premium payment after Sept 22 to get rate-cut benefit? IRDAI has an update for you

GST on insurance: Planning to delay premium payment after Sept 22 to get rate-cut benefit? IRDAI has an update for you

The Goods and Services Tax (GST) Council has brought good news for all insurance consumers. GST rates for insurance have been reduced from 18% to nil, bringing relief to policyholders. This has led some consumers to consider delaying premium payments. If you are planning to delay payment of your premium after September 22 to get … Read more