Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
18% GST On Life, Health Insurance: Is It Justified, And If So To What Extent?
The GST rate on health insurance premiums and life insurance has been set at 18%. This increase affects the overall cost of insurance for consumers, potentially impacting the affordability and accessibility of insurance products. The change reflects the government's approach to taxation in the insurance sector.