General insurers in India are advocating for GST relief on health insurance commissions, currently taxed at 18%. Executives are urging the finance ministry for exemptions similar to those for reinsurance commissions, emphasizing the potential rise in premiums for consumers if input tax credits remain eliminated.
Trending health news -> General insurers push for GST relief on health commissions

General insurers in India are advocating for GST relief on health insurance commissions, currently taxed at 18%. Executives are urging the finance ministry for exemptions similar to those for reinsurance commissions, emphasizing the potential rise in premiums for consumers if input tax credits remain eliminated.