GST cut to lift life insurers’ premiums, but ITC loss to weigh on Q3 margins
- Posted on January 6, 2026
- By Financial Express
- 3 Views
GST cut to lift life insurers’ premiums, but ITC loss to weigh on Q3 margins
Insurers had been claiming ITC on distribution commissions, reinsurance, promotional spends and operational expenses. However, they can no longer claim ITC as the final product was exempted from GST from September 22, 2025.
