How GST Changes Are Reshaping Life Insurance Plans in India - DeshGujarat

Life insurance premiums in India previously included the Goods and Services Tax (GST), which increased the total cost of purchasing and maintaining coverage. The higher premium outgo discouraged many individuals from buying or renewing policies. On September 22, 2025, the 56th GST Council meeting revised it and introduced 0% GST on life insurance . Powered by: Read on to understand what exactly ha…