GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30

  • Posted on September 15, 2024
  • By Business News Today
  • 3 Views
GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30

The GST Council has formed a 13-member Group of Ministers to recommend GST rates on health and life insurance premiums. Bihar Deputy Chief Minister Samrat Choudhary will lead the panel, which includes members from various states. The group is expected to submit its report by October 30, with a final decision likely in November.
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