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GST on term life insurance premium, senior citizen's health coverage may be exempt

Goods and Services Tax (GST) on term life insurance premiums, and premium paid by senior citizens for health cover is likely to be exempted from tax. The final decision in this regard will be taken by the GST Council.

By Whispers in the Corridors 1 min read

Goods and Services Tax (GST) on term life insurance premiums, and premium paid by senior citizens for health cover is likely to be exempted from tax. The final decision in this regard will be taken by the GST Council.

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