GST-Free Insurance Era Begins: Health, Life Policies Now Tax-Free | GST 2.0 Boost | Business News #ETNOW
GST-Free Insurance Era Begins: Health, Life Policies Now Tax-Free | GST 2.0 Boost | Business News
Starting September 22, 2025, GST on health and life insurance policies drops from 18% to nil, saving policyholders like ₹1,800 on a ₹11,800 premium. PSU insurers absorb ITC losses, maintaining agent commissions, while private insurers may cut intermediary commissions, sparking a surge in policy inquiries.
#gstfreeinsurance #healthinsurancerelief #lifeinsurancetaxcut #gst2 #insurancereforms2025 #policyholdersavings #navratribonanza #atmanirbharinsurance #taxreliefindia #insurancesurge #etnow
control your money with economic times now.
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