Authorities confirmed that insurers have not increased premiums after the GST exemption and have fully passed on the tax relief. Continuous monitoring of new and renewal policies was undertaken to ...

Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8) of section 13 of the Integrated Goods and Services Tax Act, 2017 is being ...

The government’s new simplified Goods and Services Tax (GST) structure, which places most goods and services under two slabs, 5% and 18%, kicked in on Moday. A key highlight is the exemption of GST on ...

New Delhi: In a push to make insurance more affordable and accessible, the finance ministry has directed insurers to fully pass on the benefits of GST exemption on individual life and health policies ...

The GST council had eliminated the 18% cess previously charged on on individual health and life insurance premiums following ...

The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...

The Goods and Services Tax (GST) exemption of lifesaving cancer drugs and higher taxation on tobacco products are the steps ...

Among the key steps, the GST council in its 56th meeting recommended the full exemption of 33 critical drugs used in cancer care and rare diseases, from 12 per cent or 5 per cent previously to zero.

Recent GST changes mark key shift towards making cancer care affordable: AIIMS researchers ...