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 ...

The Goods and Services Tax (GST) on the insurance sector sparks ongoing debate, with affordability and accessibility as critical challenges. A single letter, highlighting the burden on consumers from ...

The Group of Ministers (GoMs), constituted by the GST Council on Compensation Cess, Health and Life Insurance (for individuals), and Rate Rationalisation, has proposed a complete exemption on health ...

The Court examined whether medicines and consumables supplied to in-patients form part of exempt health services. Adjudication was allowed to continue, but enforcement of any final order was ...

Niva Bupa's average policy ticket size rose 13% in Q3FY26, driven by GST exemptions, according to Executive Director ...

Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...

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

The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.

Historically, the CRA generally took the position that mutual fund trailing commissions were GST/HST-exempt supplies. This position was notably set out in GST/HST Policy Statement P-119 (dated ...

Add Yahoo as a preferred source to see more of our stories on Google. There is still some debate on whether or not food should be included as part of GST or if it should be on other goods and services ...