Insurers pass on the full tax benefit to customers, but withdrawal of input tax credit is pushing them to trim commissions, ...

Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...

Despite a GST reduction on personal grooming and fitness services from 18% to 5%, consumers are facing price hikes of 10%-20% ...

Many insurance portfolios still left for insurers to avail input tax credit, says FM Sitharaman as she defends slashing GST to zero (AI-generated image) Defending the GST Council’s move to bring down ...

Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on expenses like commissions, rent and software, raising their operating ...

The Goods and Services Tax Network (GSTN) has introduced a new rule disallowing upload of e-invoices older than 30 days on the invoice registration portal (IRP) from April 1, 2025, for a large ...

The removal of GST on insurance premiums is expected to significantly erode PB Fintech’s commission revenues, which will put ...

Vijayawada: Hailing the GST 2.0 reforms announced by the Union govt, the AP Chambers of Commerce Industry Federation (AP ...