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Life Insurance Council

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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  ......

KochharGate: A Litmus Test For CBI

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry......

'If the government doesn't help, our dreams will collapse'

'Our future is in limbo. The government saved us with Operation Ganga; now, they must save our careers.' IMAGE: Himanshu Yadav, 20, hugs his mother Shudesh at Delhi airport, March 2, 2022. He had......

Full Text: President's joint address to both houses of Parliament

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022. IMAGE: A word cloud of President Ram Nath......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

Key decisions taken at the 55th GST Council meet

The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the......

Will GST Council cut taxes on insurance premium?

The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent from the current 18 per cent. Illustration: Dominic Xavier/Rediff.com The GST Council, in......

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......

GST rates on host of goods rejigged

Term life insurance policies, and senior citizens' health insurance premium are likely to be exempted from GST as most members of a state ministerial panel favoured cutting taxes to benefit the......

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