GIC among other life insurance stocks crack up to 8% as GST Council defers insurance tax cut decision
- Posted on December 23, 2024
- By Business News Today
- 1 Views
GIC among other life insurance stocks crack up to 8% as GST Council defers insurance tax cut decision
Shares of life insurance companies like GIC, Star Health, and New India Assurance fell up to 8.4% after the GST Council delayed a decision on reducing GST rates on life and health insurance premiums. Further deliberations are scheduled in January to resolve the issue.
