https://www.taxtmi.com/news?id=54655 Exemption of individual health and life insurance premiums from GST reduces the tax component of premiums to expand private coverage and lower out of pocket expenditure, complementing public health schemes. The GST rationalisation package also reduces rates on essential medicines, medical products and services, bio medical waste treatment, pharmaceutical job work, spectacles and fitness services to lower healthcare delivery costs, address inverted duty structures, support domestic manufacturing, and promote preventive healthcare, while excluding tax cuts for harmful goods. en-us Thu, 04 Sep 2025 19:46:03 +0530 Thu, 04 Sep 2025 19:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=54655 Exemption of individual health and life insurance premiums from GST reduces the tax component of premiums to expand private coverage and lower out of pocket expenditure, complementing public health schemes. The GST rationalisation package also reduces rates on essential medicines, medical products and services, bio medical waste treatment, pharmaceutical job work, spectacles and fitness services to lower healthcare delivery costs, address inverted duty structures, support domestic manufacturing, and promote preventive healthcare, while excluding tax cuts for harmful goods. News - Thu, 04 Sep 2025 19:46:03 +0530 https://www.taxtmi.com/news?id=54655