life insurance premium

‘Urgently review…’: Derek O’Brien urges Nirmala Sitharaman to revoke 18% GST on health and life insurance premium

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‘Urgently review…’: Derek O’Brien urges Nirmala Sitharaman to revoke 18% GST on health and life insurance premium

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

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

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‘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