No proposal under consideration to reduce GST on health insurance premium: MoS Finance

"The rate of GST is decided on the recommendations of the GST Council, which is a constitutional body comprising members from the central government and state governments. At present, no recommendation to reduce the GST rate on health insurance premium is under consideration of the GST Council," Minister of State for Finance Bhagwat K Karad said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3Eww32w