Impact of GST on Insurance and Banking

Both the insurance and banking sectors are expected to become more expensive from July 1 due to a jump in post-GST rates to 18% from the existing 15%. The impact of the GST on insurance and banking will raise premiums, particularly for households who have health, life, and auto insurance.

GST on Insurance

Life Insurance & Health Insurance

By |2021-12-04T07:43:05+05:30December 4th, 2021|GST|
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