GST Exemption to be a Drag on Life Insurers Q2FY26 Profitability

Mumbai: The recent GST exemption on life insurance premium is likely to impact the profitability of insurers for the July-September 2025 quarter. With the benefit of Input Tax Benefit not available on their existing book, life insurance companies may report flat or marginally better profit margins even as new sales improve during the period. In September 2025, the life insurance industry witnessed…