Insurers had been claiming ITC on distribution commissions, reinsurance, promotional spends and operational expenses. However, they can no longer claim ITC as the final product was exempted from GST ...

Insurance analysts reason that individual life and health insurance premiums are exempt from paying GST, so insurers cannot claim any ITC on policy premiums, since no GST was paid.

The government’s decision to exempt health and life insurance premiums from the 18 per cent Goods and Services Tax (GST), effective September 22, 2025, has been welcomed as a big step toward ...

The 15 Vital Recommendations for GST for Budget 2026 propose practical reforms to restore GST neutrality, reduce litigation, ...

Emkay Global Financial Services forecasts strong premium growth for life, general and health insurers in Q3FY26, driven by GST changes and rising demand.

Term insurance products are expected to be the key beneficiary of the GST tailwind, with increasing customer preference driving volumes: Reports ...

Union Finance Minister Nirmala Sitharaman announced a major reform under GST 2.0 at the 56th GST Council meeting on September 3. Effective today, individual health insurance premiums will be ...

A practical checklist covering tax obligations, AMFI registration, SEBI guidelines, disclosures, and ongoing compliance ...