Zero GST on health insurance: What it means for your premium and your pocket - India Today
From September 22, individual health and life insurance policies have become free from Goods and Services Tax, removing the 18% tax that policyholders were paying earlier. Insurers lose Input Tax Credit, raising their operational costs. The cost of buying health and life insurance in India has quietly come down, and for many families, the change is already being felt in their monthly budgets. From…