A post from 61-year-old Rajiv Matta has reignited the debate on rising health insurance premiums for senior citizens in India. “I am 61 years old. In perfect health….. No claim till date. I pay premium for 2 years. Last one was in Jan ’23. It’s renewal time now. The premium has just gone up by … Read more
TMC leader Derek O’Brien has urged Finance Minister Nirmala Sitharaman to “urgently review” and withdraw the 18 percent GST on health and life insurance premiums during the upcoming GST Council meeting. “The 18 per cent Goods and Services Tax (GST) on health and life insurance premiums is a burden on 45 crore Indians comprising … Read more
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