Your Insurance Just Got Cheaper: How the GST Exemption Will Save You Money
From September 22, 2025, a significant change is coming to the insurance industry. The 18% GST currently applied to individual life and health insurance premiums will be removed. This move is designed to make insurance more affordable. For example, a ₹1,000 premium that previously cost ₹1,180 with tax will now be just ₹1,000. However, there’s … Read more