GST Council defers announcement on insurance premiums, matter to be taken up in next meeting

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GST on Health Insurance: The GST Council has postponed a decision on reducing the GST rate for health and life insurance premiums, currently at 18 per cent. The matter will be discussed in the next meeting. This delay affects potential financial relief for policyholders, including senior citizens.

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GST Council defers announcement on insurance premiums, matter to be taken up in next meeting

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