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Tag: tax-free insurance premium benefits
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GST on Life & Health Insurance Slashed: Should You Wait Until September 22, 2025?
The Indian government has recently announced a major change in the taxation of life and health insurance premiums. From September 22, 2025, the 18% Goods and Services Tax (GST) on these premiums will be completely removed. This is a significant move that directly affects policyholders, insurers, and insurance agents. If you are considering buying a…
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GST Removed from Life & Health Insurance: How Much Will Policyholders Actually Save?
From Sept 22, 2025, no GST on life & health insurance premiums. Know how much you save, impact on policyholders, and renewal tips. The recent announcement of the removal of Goods and Services Tax (GST) on life and health insurance premiums has created a wave of positivity among policyholders. From September 22, 2025, individuals will…