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Health insurance tax relief coming soon? GST Council may consider lowering tax rates on insurance in December meeting

2024-11-12

health

Health insurance tax relief coming soon? GST Council may consider lowering tax rates on insurance in December meeting

The Council will also consider eliminating the tax on health insurance for senior citizens and those buying coverage up to Rs 5 lakh. However, broader changes to GST rates for other goods and services are unlikely at this meeting. Several states ... Read more

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