GST Cut on Insurance: How Affordable Insurance in India Just Became a Reality
The GST cut on insurance, effective September 22, 2025, removes the 18% tax on health and life insurance premiums. This move makes insurance more affordable, boosts financial inclusion, and supports the goal of “Insurance for All by 2047.” In this article, we break down what this GST cut on insurance means for policyholders and the … Read more