GST on life insurance premiums

‘We’ll be bound to hit the road’: After Gadkari, Mamata seeks rollback of GST on life, medical insurance premiums

by
‘We’ll be bound to hit the road’: After Gadkari, Mamata seeks rollback of GST on life, medical insurance premiums

West Bengal Chief Minister Mamata Banerjee on Thursday demanded that the Centre should roll back the goods and services tax (GST) on life and medical insurance premiums. Calling the tax on insurance premiums “bad”, she said that it adversely affects the people’s ability to take care of their basic needs.  “Our demand to Government of India … Read more

‘Amounts to levying tax on uncertainties of life’: Gadkari urges Sitharaman to remove 18% GST on life, medical insurance premiums

by
‘Amounts to levying tax on uncertainties of life’: Gadkari urges Sitharaman to remove 18% GST on life, medical insurance premiums

Union Minister of Road Transport and Highways Nitin Gadkari urged Union Finance Minister Nirmala Sitharaman to consider withdrawing 18 per cent goods and services tax (GST) on life and medical insurance premiums. In his letter to Sitharaman, Gadkari said that Nagpur Divisional Life Insurance Corporation Employees Union submitted a memorandum to him on these issues.  … Read more