GST waiver alone not enough to deepen penetration, say insurers - Business Standard

The recent goods and services tax (GST) reforms are a landmark step towards making insurance more affordable and inclusive in India. The exemptions will help reduce insurance premiums, enhance affordability, and signal the government’s strong focus on insurance as an essential life necessity, the chiefs of four life insurance companies said at the Business Standard BFSI Insight Summit 2025. In a s…