ReferIndia News Insurance companies caution: Zero GST could raise costs, erode tax credits; states worry if insurers would end up hiking premiums

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Insurance companies caution: Zero GST could raise costs, erode tax credits; states worry if insurers would end up hiking premiums

Published on: Aug. 21, 2025, 1:42 p.m. | Source: The Indian Express

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology, customer support and distribution expenses.

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