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Lok Sabha amendment

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

25 August 2024 by Admin
‘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

Categories Economy Tags 18% GST, Derek O’Brien, Finance Bill, Financial Security, GST Council approval, gst council meeting, GST rollback demand, health insurance premium, insurance affordability, insurance for all 2047, Insurance Regulatory and Development Authority of India (IRDAI), insurance scheme aversion, life insurance premium, Lok Sabha amendment, Mamata Banerjee, middle-class burden, Nagpur Divisional Life Insurance Corporation Employees Union, Nirmala Sitharaman, Nitin gadkari, opposition parties, opposition walkout, policyholders renewal, RSP MP NK Premachandran, social safety net, tax on life uncertainties, tmc leader Leave a comment
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