Paid your multi-year insurance premium ahead of time? Don’t expect a GST refund—even though the tax on life and health insurance drops to 0% starting September 22. The GST cut on individual health and ...
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GST Exemption on Insurance Premiums: Will Policyholders Get a Refund on Multi-Year Payments After September 22?
The Indian government’s decision to scrap the 18% Goods and Services Tax (GST) on life and health insurance premiums starting September 22, 2025, has brought relief to millions of policyholders.
Exporters can soon start claiming refunds for GST paid in August and September as GSTN will this week launch an online application for processing of refund, its Chief Executive Officer Prakash Kumar ...
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