Your Insurance Is 18% Cheaper Now
Published on: Sept. 22, 2025, 1:41 a.m. | Source: Deccan Chronicle
Until now, premiums have attracted varying GST rates. Health insurance, ULIPs, and term life were taxed at 18 per cent, while endowment policies carried 4.5 per cent GST on the first premium and 2.25 per cent on renewal premiums: Reports
