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GST ON HEALTH INSURANCE
Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...- India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
- 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...
- GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
- Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- Star Health and Allied Insurance rolls out 20% cheaper health cover for tier-2, tier-3 citiesStar Health and Allied Insurance is launching an affordable health insurance product for tier-2 and tier-3 cities, with premiums 20% lower ...
- Mature hands for money: India’s next economic reform lies in building financially aware householdsIndia has achieved significant financial inclusion, opening millions of bank accounts and expanding digital payments. However, a new study ...
- Top private hospitals may drop out of government health plansPrivate hospitals in India are feeling the pinch as government health schemes yield diminishing returns. This downturn provokes a critical ...
- Rush to take Rs 1 crore health cover as premiums shed tax loadIndians are increasingly opting for health insurance policies of ₹1 crore and above, driven by rising medical costs and greater awareness. ...
- 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...
- Out-of-pocket costs still dominate hospitalisation spend despite wider insurance coverage: NSO surveyHealth insurance coverage has grown significantly in India. However, patients continue to pay most hospitalisation bills themselves. Rural ...
- 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,...
- 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...
- GST waiver on health insurance to cost Bengal Rs 900 cr annually: Mamata BanerjeeMamata Banerjee stated that waiving GST on health insurance premiums would cost West Bengal around Rs 900 crore annually. She advocated for...
- Will oppose GST implemented on health insurance: Delhi Minister Atishi on GST Council meetingDelhi Minister Atishi stated that the Delhi and Punjab governments will oppose the imposition of GST on research grants at the 54th GST Cou...
- 18% GST on insurance a barrier, negatively impacts Indians’ affordability: HDFC ERGO’s Parthanil GhoshHealth insurance GST: Parthanil Ghosh of HDFC ERGO noted that the 18% GST on health insurance premiums has increased costs, affecting affor...
- 18% GST on health insurance: FM Sitharaman addresses issue in the Lok SabhaUnion Finance Minister Nirmala Sitharaman addressed concerns about the 18% GST on health insurance during a Lok Sabha debate. She noted tha...
- Removal of 18% GST on life, health insurance: 'Shall take up with the GST Council,' says FM SitharamanGST on Life, Health Insurance: Both policyholders and insurers want the Centre to remove 18% GST on insurance premiums. The 18% GST on insu...
- 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...
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