https://www.taxtmi.com/news?id=53079 Proposal to exempt life and health insurance premiums for individuals from GST, replacing the current 18% levy, subject to development of a pass through mechanism to ensure tax reduction benefits reach policyholders rather than insurers; the Group of Ministers will report to the GST Council, which will decide final rates and mechanisms as part of broader GST reform. en-us Wed, 20 Aug 2025 18:31:04 +0530 Wed, 20 Aug 2025 18:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53079 Proposal to exempt life and health insurance premiums for individuals from GST, replacing the current 18% levy, subject to development of a pass through mechanism to ensure tax reduction benefits reach policyholders rather than insurers; the Group of Ministers will report to the GST Council, which will decide final rates and mechanisms as part of broader GST reform. News - Wed, 20 Aug 2025 18:31:04 +0530 https://www.taxtmi.com/news?id=53079