1 week, 4 days ago
GST Council Meeting: Industry eyes tax relief on health insurance premiums, higher levies on luxury items
Live MintIndustry experts expect a reduction in GST rates on health insurance at the forthcoming GST Council meeting on December 21, 2024. However, if health insurance is exempted from GST for all or specified persons, the insurance companies would lose out on input tax credits to that extent and accordingly, the reduction in costs can be less than the amount of GST previously charged,” Karthik Mani, Partner, Indirect Tax, BDO India, said. The previous GST Council meeting held on September 9, recommended constituting a Group of Ministers to investigate the matter of GST levied on life and health insurance. “However, the decision of the council to continue imposing 18% GST on health insurance premiums exceeding ₹5 lakh is sparking concerns.
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History of this topic
2 days, 4 hours ago
55th GST council meeting in Jaisalmer on December 21, 2024: Finance Minister Nirmala Sitharaman media briefing
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2 days, 9 hours ago
GST Council Delays Decision On Tax Reduction For Life, Health Insurance Premiums
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2 days, 10 hours ago
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2 days, 11 hours ago
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2 days, 18 hours ago
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1 week, 4 days ago
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2 weeks, 2 days ago
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2 weeks, 4 days ago
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2 weeks, 4 days ago
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2 weeks, 6 days ago
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2 weeks, 6 days ago
GST rate hike claims are ‘premature, speculative’
The Hindu
2 weeks, 6 days ago
GoM proposes GST hike: Cigarettes, tobacco, aerated beverages may be hiked to 35%; GST Council decision on Dec 21
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2 weeks, 6 days ago
GST Council Considers Steep 35% Hike On Cigarettes, Tobacco Products
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2 weeks, 6 days ago
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3 weeks ago
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4 weeks ago
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1 month ago
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1 month ago
GST Council To Meet In Jaisalmer On Dec 21; Key Decisions On Insurance And Rate Cuts Likely
ABP News
1 month ago
GST Council to meet in Jaisalmer on Dec 21; may decide on insurance levy, rate rationalisation
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1 month, 1 week ago
Nirmala Sitharaman to meet State FMs for pre-Budget, GST Council meet on Dec 21-22
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1 month, 1 week ago
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1 month, 2 weeks ago
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2 months ago
West Bengal's relentless efforts pay off as Centre considers GST exemption for health insurance premiums
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3 months, 1 week ago
Group of Ministers to review tax rates on health, life insurance
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3 months, 1 week ago
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3 months, 1 week ago
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3 months, 1 week ago
Priorities askew with high insurance tax, cheaper fried snacks
New Indian Express
3 months, 2 weeks ago
GST Council meeting: New GoM on health insurance to submit report by October; Council may take a call on 18% GST levy in November
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3 months, 2 weeks ago
What GST Council has decided on demands of tax cuts in health insurance premiums | Details
India TV News
3 months, 2 weeks ago
GST Council lowers tax on cancer drugs to 5%, to finalise cuts on health and life insurance premiums
New Indian Express
3 months, 2 weeks ago
GST Council delays decision on insurance premiums to next meeting: Report
India Today
3 months, 2 weeks ago
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3 months, 2 weeks ago
GST Council meets today to discuss rate rationalisation, tax on insurance
New Indian Express
3 months, 2 weeks ago
GST Council to deliberate on taxation of insurance premium, report on online gaming
New Indian Express
3 months, 2 weeks ago
Karnataka urges Centre to reconsider 18% GST on health insurance
The Hindu
3 months, 2 weeks ago
Enhancing oversight: The Hindu Editorial on the GST Council meet and issues
The Hindu
4 months ago
GST: Infosys, foreign airlines, shipping lines may see relief as concerns rise for ‘ease of doing business’, says report
Live Mint
4 months, 2 weeks ago
GST receipts on health cover surged to nearly ₹10,000 crore in 2023-24
The Hindu
5 months, 3 weeks ago
A fresh start: On the Goods and Services Tax Council meet
The Hindu
6 months, 1 week ago
GST Council to meet on June 22; Centre likely to take suggestions on Union Budget
Hindustan Times
6 months, 1 week ago
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6 months, 1 week ago
GST Council to meet on June 22, likely to review online gaming taxation
India TV News
9 months, 2 weeks ago
No GST relief until formation of new govt
New Indian Express
9 months, 3 weeks ago
GST Council may soon clarify tax exemption to RERA
Hindustan Times
11 months, 2 weeks ago
Budget 2024: GST reduction, expansion of Section 80 C - insurance wishlist
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1 year, 2 months ago
GST Council Meet: Tax-levying power on ENA ceded to states; other key decisions
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1 year, 5 months ago
DC Edit | Lower GST, higher compliance
Deccan Chronicle
1 year, 5 months ago
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1 year, 5 months ago
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