Nathealth, the apex body representing the Indian healthcare industry, has welcomed Honourable Prime Minister Narendra Modi’s recent announcement on forthcoming GST reforms, calling it a timely ...

While headlines focus on GST rate cuts, two silent but sweeping changes are set to hit taxpayers this November—faster refunds for inverted duty structures and a radically simpler registration process.

Healthcare industry lobby group NATHEALTH has welcomed the forthcoming GST reforms, calling them a timely opportunity to revisit the sector’s tax framework, which has largely remained outside such ...

The GST Council on Wednesday decided to exempt life and health insurance premiums for individuals from Goods and Services Tax (GST). Until now, policyholders were paying an 18% GST on premiums, a levy ...

Nathealth, an apex body representing the domestic healthcare industry, has called for GST input slabs on healthcare to be standardised at 5 per cent, and wherever GST output payments are applicable, ...

The inverted duty structure has become even more pronounced in light of the recent GST rate rationalisation, where most of ...

A GST rate cut to 0% would impact retail-focused standalone health insurers the most. India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on ...

As part of a broader overhaul of the GST framework, the government is reportedly considering a sharp reduction in tax on insurance premiums. A steep cut in the goods and services tax (GST) on health ...

India’s decision to scrap the 18% goods and services tax on life and health insurance premiums is being hailed as a watershed moment for financial protection, with insurers and digital platforms ...