18% GST on health insurance: FM Sitharaman addresses issue in the Lok Sabha

Finance Minister Nirmala Sitharaman addressed concerns over the 18% GST rate on health insurance in the Lok Sabha. The high GST rate has been criticized for making health insurance more expensive and potentially limiting accessibility for individuals. Sitharaman's statement provides clarity on the government's stance and potential measures to address the issue. The discussion highlights ongoing debates about tax policies and their impact on essential services like health insurance.