#Businessnews #GSTCouncilMeeting #NirmalaSitharaman #GST #GSTOnInsurance
The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, held on December 21 in Jaisalmer, Rajasthan. The council, comprising state finance ministers, discussed key policy matters. In the previous 54th meeting on September 9, the Group of Ministers (GoM) was tasked with finalizing recommendations on the GST levy on insurance by October-end. Last month, the GoM proposed exempting GST on term life insurance premiums and health insurance for senior citizens, while maintaining an 18% GST on health insurance policies with coverage above ₹5 lakh. Stay tuned for updates from the latest meeting. Watch the press conference by Finance Minister Nirmala Sitharaman after the 55th GST Council meeting.
#HealthInsurance #IndianGST #LifeInsurancePremiums #GSTCouncil #GSTLive
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