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 ......
Union Minister of Road Transport and Highways Nitin Gadkari has requested Finance Minister Nirmala Sitharaman to withdraw the 18 per cent goods and services tax (GST) on life and medical insurance......
Raising social security pension amounts, increasing financial assistance given under the 'Rythu Bandhu' investment support scheme for farmers and providing LPG cylinders at Rs 400 each are some of......
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......
State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any......
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......
SBI Life Insurance reported a weak performance in Q2FY25. Image used for representation purpose only. Illustration: Uttam Ghosh/Rediff.com The annual premium equivalent or APE grew 3 per cent......
'Margins will be an outcome of that. They will likely remain somewhat range-bound.' Photograph: Kind courtesy HDFC Life/Instagram HDFC Life on October 8, 2024, reported a 14.85 per cent......