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<h1>Amendment to Tax Notification: Government Property Rentals Now Under Reverse Charge, 'Insurance Agent' Defined Per Insurance Act 1938.</h1> Notification No. 3/2018 amends Notification No. 13/2017-Central Tax (Rate) to include services provided by the Central Government, State Government, Union territory, or local authority through renting immovable property to registered persons under the Central Goods and Services Tax Act, 2017, to be taxed under the Reverse Charge Mechanism (RCM). Additionally, it introduces a clause defining 'insurance agent' as per the Insurance Act, 1938. This amendment was issued by the Ministry of Finance, Department of Revenue, on January 25, 2018, under the authority of the Central Government and based on the Council's recommendations.