CBIC to meet insurers, IRDAI today to ensure GST exemption benefits reach consumers

The Central Board of Indirect Taxes and Customs (CBIC) is set to hold a meeting with representatives from insurance companies and the sector regulator, the Insurance Regulatory and Development Authority of India (IRDAI), on Friday (September 12) to ensure a smooth rollout of the new GST rates. Sources told CNBC-TV18 that the government will ask insurers to pass on the benefits of the exemption on…