The upcoming 55th GST Council meeting, scheduled for December 21, 2024, in Jaisalmer, is anticipated to address GST rates on insurance premiums. A key focus will be exploring potential reductions in GST for term and health insurance plans, particularly for senior citizens, aiming to enhance affordability and accessibility within the insurance sector. Our Partner Kunal Savani shares his views on this in an article published by The Economic Times. (Photo Credit: The Economic Times)
