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Life insurance premium News

19 Oct 2024

GST On Term Life And Senior Health Coverage Likely To Be Exempted

GST On Health Insurance Premium: The GST Council addressed this issue during its September meeting, following discussions about the 18 per cent GST on life and health insurance premiums.

Life insurance premium

31 Jul 2024

Life Insurance To Get Cheaper? Nitin Gadkari Writes To Finance Minister

Nitin Gadkari Gadkari highlighted that imposing GST on life insurance premiums essentially means taxing the uncertainties of life.

Life insurance premium

15 Jul 2019

Collective new premium of 24 life insurers jump 94% to Rs 32,241 crore in June

The April-June, 2019-20 collective new premium income of 24 life insurers jumped 65.09 percent to Rs 60637.22 from Rs 36729.80 as compared to the same quarter last year.

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