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View Full Version : India's life insurance industry seek tax break on protection policies



IndiaInsurance
7th January 2021, 03:41 PM
The Life Insurance Council is lobbying for a lower rate of GST ahead of the union budget, from the current 18% to the 5% slab for protection-based services, arguing that it is not a luxury consumption item.

More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/indias-life-insurance-industry-seek-tax-break-on-protection-policies/articleshow/80147448.cms)