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Is Health Insurance Tax Relief Coming?

 Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

CVC penalises 130 officials for alleged graft

 One hundred and thirty officials of different government departments were slapped with major penalty by the Central Vigilance Commission for their alleged involvement in corruption. Of these, a......

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

 The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. Illustration:......

Life insurers turn to policies with high value

 Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in......

New biz premium of life insurers rises 13% in October

 Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......

Health premiums on the mend: Non-life insurance in double digits

 Health premiums have picked up again after a slight moderation in growth, taking the non-life insurance industry's growth to 22 per cent in November, and to almost 17 per cent so far this financial......

Life insurance companies clock 25.28% drop in premiums

 The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. Illustration: Uttam......

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