No proposal under consideration to reduce GST on health insurance premium: MoS Finance

Minister of State for Finance Bhagwat K Karad on Monday said there is no recommendation under consideration of the  GST  Council to reduce Goods and Services Tax (GST) on  health insurance  premium.  In a written reply to the Lok Sabha, Karad said the GST levied on health insurance premium is 18 per cent.  "The rate of GST is decided on the recommendations of the GST…