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of <h1>Service Tax Exemptions Expanded: Key Insurance Schemes for Vulnerable Groups Now Included Since 2012 Under General Insurance Business Act</h1> The service tax exemptions for general insurance services under various government schemes from July 1, 2012, onwards. Initially, exemptions applied to schemes like Hut Insurance, Cattle Insurance, and others. From April 30, 2015, the Pradhan Mantri Suraksha Bima Yojana was added to the exempt list. As of April 1, 2016, the Niramaya Health Insurance Scheme, aimed at supporting persons with disabilities, was also exempted. These exemptions are part of efforts to promote insurance coverage for vulnerable groups and specific sectors, as defined in the General Insurance Business (Nationalisation) Act, 1972.
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