Searched for
GST EXEMPTION INSURANCE
Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...- Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- Star Health shares rally 13% after Q4 net profit soars to Rs 111 crore, beats estimateStar Health and Allied Insurance Company's shares surged over 13% after reporting a significant jump in Q4 FY26 net profit to Rs 111.34 cro...
- SBI Life Q4 Results: Profit falls marginally to Rs 805 crore; net premium income rises 16% YoYSBI Life Q4 results: SBI Life reported a marginal 1% decline in Q4 standalone profit to Rs 805 crore, despite a 16% YoY rise in net premium...
- Life insurers log 16% premium growth in FY26 on GST relief, shift to high-margin productsIndia’s life insurance industry recorded a 16% rise in new business premiums to ₹4.59 lakh crore in FY26, driven by GST exemption benefits,...
- Why are hospital stocks defying market volatility? Demand, beds and growth plansOver the past five years, the sector has delivered strong growth, with revenues rising about 15.5% annually between FY2019-20 and FY2024-25...
- ICICI Prudential Life shares zoom 7% after Q4 profit surges 58%. Should you buy, sell or hold?ICICI Prudential Life shares jumped 7% after the insurer reported a 58% YoY rise in Q4FY26 net profit to Rs 609 crore and announced a final...
- General insurance reports 9% GWP growth in FY26India's general insurance sector saw robust growth in FY26. Gross written premium increased by 9%, reaching ₹3.36 lakh crore. This expansio...
- LIC seeks GST relief, tax-free premium hike to boost salesLIC has urged the government to implement tax and regulatory changes in the upcoming budget to boost policy sales and insurer margins. Key ...
- Travel insurance: Is it GST free now, how much can you save on your next trip?Most experts are of the view that travel insurance premiums are now GST-exempt, offering financial relief to travelers. Effective September...
- Policyholders are unlikely to get full benefit from GST exemption; premiums likely to rise with no ITC benefitStarting September 22, 2025, individual health and life insurance premiums are GST-exempt, but insurers have lost their ITC eligibility on ...
- GST on insurance premium: Why you may not get full benefit of GST reduction by 18% unless there's clarity on exemption vs nil-ratedStarting September 22, 2025, the GST on individual health and life insurance premiums will be slashed to zero. However, insurers are uncert...
- Insurance players to seek clarity on credit life policiesInsurance companies in Mumbai are seeking clarification from the central government regarding the Goods and Services Tax exemption. This re...
- Life insurance companies dismiss GST exemption concerns, see limited impact on input tax credit: ReportLife insurance companies are confident in managing the impact of the upcoming GST exemption on premiums, set to take effect on September 22...
- Exemption of GST from life and health insurance premium to make products affordable: InsurersThe GST Council's landmark decision to exempt insurance premiums from GST is poised to revolutionize the insurance sector. Insurers hail th...
- GST 2.0 explained: When will new GST rate for life, health insurance be applicable?In a significant move, the GST Council announced on September 3, 2025, that individual life and health insurance premiums will be exempt fr...
- Term, health insurance policyholders to benefit most from GST exemption on individual policies: ExpertsTax experts suggest that the proposed GST exemption on individual health and life insurance policies would primarily benefit term and healt...
- A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?GST exemption on life insurance premiums: At present, a high GST rate of around 18% on life and health insurance premiums makes plans too c...
- Govt collects Rs 8,263 cr towards GST on health insurance premium in FY'24The government accumulated Rs 8,263 crore in GST from health insurance premiums for the fiscal year 2023-24. There have been appeals to exe...
Load More
