Impact of GST 2.0 on Life, Health Insurance Premiums | Will Your Insurance Cost Go Down? | PM Modi

Описание: Despite months of anticipation, the GST cut on life and health insurance premiums under Prime Minister Modi’s Next Gen GST reforms may not bring the relief consumers expected. Experts explain that while rates could drop from 18% to 5% or even 0%, insurance companies may lose the ability to claim Input Tax Credit, potentially keeping premiums the same, or even making them costlier. Ritesh Kanodia, Partner at Aurtus Capital, breaks down what this means for the insurance sector and your wallet.
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