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GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18% GST on insurance premiums
3 months, 4 weeks ago

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18% GST on insurance premiums

The Hindu  

TMC leader Derek O'Brien has urged Finance Minister Nirmala Sitharaman to "urgently review" and withdraw the 18% GST on health and life insurance premiums during the upcoming GST Council meeting. Mr. O'Brien, in a letter dated August 24, demanded that the GST on health and life insurance premiums be withdrawn at the 54th meeting of the GST Council. "The 18% …

Health Finance Insurance Life Council Sitharaman Parliament
Trinamool Congress supports Gadkari’s demand to remove 18% GST from life, health insurance premiums
4 months, 3 weeks ago

Trinamool Congress supports Gadkari’s demand to remove 18% GST from life, health insurance premiums

The Hindu  

The Trinamool Congress threw its weight behind Union Transport Minister Nitin Gadkari’s demand for withdrawal of 18% Goods and Services Tax on life and medical insurance premiums. In a recent letter to Finance Minister Nirmala Sitharaman, Mr. Gadkari wrote that the GST amounts to taxing the uncertainties of life and restricts sector’s growth. West Bengal Chief Minister Mamata Banerjee, also …

Congress Trinamool Gst Trinamool Congress Gadkari
Budget 2024: Insurers expect more tax benefits for health insurance in Union budget
5 months, 1 week ago

Budget 2024: Insurers expect more tax benefits for health insurance in Union budget

The Hindu  

More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the expectations of stakeholders from the first budget of the Modi 3.0 government. Anup Rau, Managing Director and Chief Executive Officer of Future Generali India Insurance Company, said the deduction limit on health insurance premiums …

Health Finance India Insurance Budget Health Insurance Sme
About to renew your car insurance? These tips can help you compare insurers and save
6 months ago

About to renew your car insurance? These tips can help you compare insurers and save

ABC  

If your car insurance policy is due for renewal soon, it could be an opportunity to shop around. Customers 'duped': Lawsuit claims insurance giant inflated premiums Photo shows Kerry Reece and her husband Brendan sit at the kitchen table looking at insurance bills Kerry Reece has been loyal to her insurer for decades, but a new class action claims her …

Insurance Car Discount Premium Premiums Customers Photo
Insurance industry accuses 'claim management' services of misleading customers, increasing premiums
10 months, 1 week ago

Insurance industry accuses 'claim management' services of misleading customers, increasing premiums

ABC  

In short: The Insurance Council of Australia says claim management companies use misleading tactics to attract customers. The Insurance Council of Australia says claim management companies use misleading tactics to attract customers. The Insurance Council of Australia has spoken out against practices used by "claim management" companies it believes mislead consumers into thinking they are dealing directly with their insurer …

Insurance Misleading Management Car Companies Company Hall
Aboriginal pensioner charged close to $10k in one year for home insurance on 'asbestos cottage'
10 months, 2 weeks ago

Aboriginal pensioner charged close to $10k in one year for home insurance on 'asbestos cottage'

ABC  

In short: A major insurer charged an Indigenous pensioner almost $10,000 in one year to insure an asbestos-clad home in rural Western Australia. He questions whether QBE charged Mr O'Meara excessive premiums, known as a "loyalty tax", because he didn't possess the skills to easily shop around. "I didn't have much of an idea what was going on because they …

Insurance Financial Indigenous Building Charged Michael Premiums
Martin Lewis urges drivers to ‘fight back’ as car insurance soars
1 year, 1 month ago

Martin Lewis urges drivers to ‘fight back’ as car insurance soars

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Martin Lewis has …

Insurance Quotes Independent Car Drivers Email Lewis
IPO frenzy helps firms raise almost ₹12,000 cr. in September
1 year, 3 months ago

IPO frenzy helps firms raise almost ₹12,000 cr. in September

The Hindu  

A sharp jump in the number of Initial Public Offerings in the past couple of months have analysts attributing reasons ranging from investors with deep pockets seeking quick gains, to an increase in grey market premiums, and a general risk taking trend. Data from Prime Database Group shows a stark contrast compared with last August and September, when only two …

Market Ipo Frenzy