No GST on health insurance soon: Who will benefit? All you need to know

The GST exemptions are imposed on all individual insurance policies, including term life, ULIP or endowment policies and reinsurance. Read More

GST on insurance premium: Why you may not get full benefit of GST reduction by 18% unless there's clarity on exemption vs nil-rated

Starting September 22, 2025, the GST on individual health and life insurance premiums will be slashed to zero. However, insurers are uncertain if they can fully pass on these benefits to customers due ... Read More

No GST on life and health insurance: How much will you really save?

Under the proposal, premiums for life and health insurance could be completely exempt from GST. You would pay only the base premium quoted by your insurer, without the 18% tax. Read More

Zero GST on health, life insurance: What the cut from 18% means for you

From September 22, 2025, individual health and life insurance premiums will no longer attract 18% GST, making policies more affordable for Indian households ... Read More

Insurers gearing up to pass 18% GST waiver benefit to customers

Insurance companies passing on GST reduction benefits to policyholders, making individual life and health cover more affordable. Read More

GST Cut Brings Major Relief to Health Insurance Premium

The 18 GST on health insurance premium will be starting September 22, 2025, offering significant cost relief to families across India. This change means that policyholders will no longer pay this tax ... Read More

GST on health and life insurance premiums reduced to zero: See how it will impact your policy costs

The GST Council has decided to reduce GST on individual health and life insurance premiums to zero, effective September 22, 2025. While this aims to make insurance more affordable, the removal of ... Read More

GST 2.0: Insurers approach govt to seek clarity on ITC treatment

Insurers, who had initially lobbied for GST to be charged at a 0% rate instead of an exemption, have sought clarification on whether insurance companies can claim input tax credit at an entity level ... Read More

Insurance GST cut to zero: Save ₹2,700 annually on ₹15,000 premium

From October, GST on individual health and life insurance premiums drops from 18% to 0%; insurers weigh impact of lost input tax credit ... Read More

From Sept 22, health, term insurance premium will come down by 18%

From September 22, individuals buying term or health insurance policies will pay 18 per cent less on premiums, after the government’s decision to remove GST on these products. For instance, a health ... Read More

Medicines, Healthcare Products Cost Drops From Sept 22 as GST Rates Slashed; Insurance Premiums at 0%

From September 22nd major healthcare services will continue to remain exempt from GST, while health and life insurance premiums have been reduced to zero GST, which means medical coverage will now be ... Read More

Cancer Meds Get Cheaper: GST Council Slashes Tax On 33 Lifesaving Drugs

In what seems like a major public health push, the GST Council has cut GST on medicines, including 33 lifesaving drugs and 3 cancer/rare-disease medicines, to nil, and reduced GST on most other ... Read More