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Looming Health Care Costs At Heart Of Shutdown As Millions Face Premium Hikes
The US government shut down Wednesday, with Democratic lawmakers insisting that any deal address their health care demands and Republicans saying those negotiations can happen after the government is funded.
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GST 2.0 Healthcare Boost: Medicines, Devices And Insurance Get Cheaper From Today
Most medicines and medical devices will now attract only 5% GST, while individual health and life insurance premiums are completely exempt.
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GST 2.0: Individual Health Insurance Premiums To Be GST-Free From Today
Union Finance Minister Nirmala Sitharaman announced a major reform under GST 2.0 at the 56th GST Council meeting on September 3. Effective today, individual health insurance premiums will be completely exempt from GST.
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Centre Directs Insurance Companies To Pass GST Benefits To Policyholders
The government has directed insurance companies to proactively undertake outreach campaigns to publicise GST reforms and pass on the benefits to policyholders.
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GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
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Zero GST On Life & Health Insurance From September 22: Who Benefits And How?
From September 22, 2025, all individual life and health insurance premiums will attract 0% GST, down from 18%. Announced after the 56th GST Council meeting, this move cuts upfront costs, may widen coverage, and nudges households to buy adequate prote
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GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
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'Long Overdue But...': Opposition's '1 Nation, 9 Taxes' Jab Over GST Overhaul
The Goods and Services Tax Council's rationalisation of tax slabs - reducing four brackets to two while exempting several 'daily use' items, including premiums on health and life insurance - has been received with scepticism by the Congress.
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Individual Life And Health Insurance Policies To Be Exempt From GST
The GST on health and insurance products, which stood at 18 per cent, has been cut to zero, in a major revamp of the GST rate structure.
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Railway Employees To Get Rs 1 Crore Accidental Death Cover Via SBI Salary Accounts
The Indian Railways on Monday signed a Memorandum of Understanding (MoU) with State Bank of India to provide significant insurance cover for its employees and their families, an official statement said.
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Centre Proposes Zero GST On Health, Life Insurance For Individuals
The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.
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A Central Scheme Changes. Experience With Jagan Reddy's Government Cited
Union Agriculture Minister Shivraj Singh Chouhan has announced crucial modifications to the Pradhan Mantri Fasal Bima Yojana (PMFBY), citing an experience of the Centre with the previous Jagan Reddy government in Andhra Pradesh.
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After Dreamliner Crash, Insurance Cost May Raise Airfare By 2-5%
The aviation insurance industry may consider raising the premium paid by airlines in the next cycle, following the crash of the Air India Boeing 787-8 Dreamliner in Ahmedabad.
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55th GST Council Meet Defers Decision On Health Insurance Premium Rate Cuts
The Goods and Services Tax (GST) Council on Saturday deferred the decision on rate cuts on life and health insurance premiums, as some more technicalities need to be ironed out.
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Have Many Traffic Fines? You May Have To Pay More For Vehicle Insurance
Delhi Lieutenant Governor VK Saxena has written to the Union Finance Minister Nirmala Sitharaman, asking her to link insurance premiums of vehicles to the number of traffic violations recorded against the vehicles.
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Looming Health Care Costs At Heart Of Shutdown As Millions Face Premium Hikes
The US government shut down Wednesday, with Democratic lawmakers insisting that any deal address their health care demands and Republicans saying those negotiations can happen after the government is funded.
-
GST 2.0 Healthcare Boost: Medicines, Devices And Insurance Get Cheaper From Today
Most medicines and medical devices will now attract only 5% GST, while individual health and life insurance premiums are completely exempt.
-
GST 2.0: Individual Health Insurance Premiums To Be GST-Free From Today
Union Finance Minister Nirmala Sitharaman announced a major reform under GST 2.0 at the 56th GST Council meeting on September 3. Effective today, individual health insurance premiums will be completely exempt from GST.
-
Centre Directs Insurance Companies To Pass GST Benefits To Policyholders
The government has directed insurance companies to proactively undertake outreach campaigns to publicise GST reforms and pass on the benefits to policyholders.
-
GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
-
Zero GST On Life & Health Insurance From September 22: Who Benefits And How?
From September 22, 2025, all individual life and health insurance premiums will attract 0% GST, down from 18%. Announced after the 56th GST Council meeting, this move cuts upfront costs, may widen coverage, and nudges households to buy adequate prote
-
GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
-
'Long Overdue But...': Opposition's '1 Nation, 9 Taxes' Jab Over GST Overhaul
The Goods and Services Tax Council's rationalisation of tax slabs - reducing four brackets to two while exempting several 'daily use' items, including premiums on health and life insurance - has been received with scepticism by the Congress.
-
Individual Life And Health Insurance Policies To Be Exempt From GST
The GST on health and insurance products, which stood at 18 per cent, has been cut to zero, in a major revamp of the GST rate structure.
-
Railway Employees To Get Rs 1 Crore Accidental Death Cover Via SBI Salary Accounts
The Indian Railways on Monday signed a Memorandum of Understanding (MoU) with State Bank of India to provide significant insurance cover for its employees and their families, an official statement said.
-
Centre Proposes Zero GST On Health, Life Insurance For Individuals
The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.
-
A Central Scheme Changes. Experience With Jagan Reddy's Government Cited
Union Agriculture Minister Shivraj Singh Chouhan has announced crucial modifications to the Pradhan Mantri Fasal Bima Yojana (PMFBY), citing an experience of the Centre with the previous Jagan Reddy government in Andhra Pradesh.
-
After Dreamliner Crash, Insurance Cost May Raise Airfare By 2-5%
The aviation insurance industry may consider raising the premium paid by airlines in the next cycle, following the crash of the Air India Boeing 787-8 Dreamliner in Ahmedabad.
-
55th GST Council Meet Defers Decision On Health Insurance Premium Rate Cuts
The Goods and Services Tax (GST) Council on Saturday deferred the decision on rate cuts on life and health insurance premiums, as some more technicalities need to be ironed out.
-
Have Many Traffic Fines? You May Have To Pay More For Vehicle Insurance
Delhi Lieutenant Governor VK Saxena has written to the Union Finance Minister Nirmala Sitharaman, asking her to link insurance premiums of vehicles to the number of traffic violations recorded against the vehicles.
