https://www.taxtmi.com/news?id=53069 The Centre has proposed exemption of life and health insurance premiums from GST. A 13 member Group of Ministers on life and health insurance will submit a report to the GST Council, incorporating state views and recommending rate changes; the Council will make the final decision. The proposal forms part of broader next generation GST reform contemplating a two rate structure to categorize supplies. en-us Wed, 20 Aug 2025 17:46:03 +0530 Wed, 20 Aug 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53069 The Centre has proposed exemption of life and health insurance premiums from GST. A 13 member Group of Ministers on life and health insurance will submit a report to the GST Council, incorporating state views and recommending rate changes; the Council will make the final decision. The proposal forms part of broader next generation GST reform contemplating a two rate structure to categorize supplies. News - Wed, 20 Aug 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=53069