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GST Council may reduce tax rates on health insurance! Will tax drop from 18% to 5%?

GST Council meeting: The 54th GST Council meeting will take place in Delhi, the country’s capital, on Monday, September 9. In this meeting, there is a possibility of removing 18 percent GST on term life insurance premiums. Experts in the industry believe that this decision will significantly reduce the financial burden on insurance customers. 18 […]