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<h1>Life insurance services under government schemes exempt from GST, including CGST, UTGST, SGST, and IGST.</h1> Services related to life insurance business under specific government schemes are exempt from GST, including CGST, UTGST, SGST, and IGST. These schemes include Janashree Bima Yojana, Aam Aadmi Bima Yojana, life micro-insurance products approved by the Insurance Regulatory and Development Authority with a maximum cover of two lakhs rupees, Varishtha Pension Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Jan Dhan Yojana, and Pradhan Mantri Vaya Vandan Yojana. The definitions of 'life insurance business' and 'life micro-insurance product' are as per the Insurance Act, 1938, and the Insurance Regulatory and Development Authority Regulations, 2005, respectively.