Why GST 2.0 Is a Big Challenge for Insurance Companies |
Автор: #Simplified by Deepak Korah
Загружено: 2026-01-06
Просмотров: 63
Описание:
GST 2.0 is transforming the way businesses comply with GST—and insurance companies are facing some serious challenges because of it.
In this video, we deep-dive into the key issues faced by insurance companies under GST 2.0, including:
❌ ITC mismatches between insurers, agents & service providers
❌ Impact of stricter ITC conditions under GST 2.0
❌ Increased compliance burden and system-level complications
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00:00 - 0:42 - Increase in the demand for Life & Health Insurance
0:43 - 1:32 - Situation before GST 2.0 Change
1:33 - 2:31 - GST 2.0 Change Explained
2:32 - 3:12 - Benefits of the GST 2.0 Change
3:13 - 5:23 - Problems for the Insurance Companies & Insurance Agents
With GST 2.0 focusing on data matching, real-time compliance and stricter controls, the insurance sector—due to its complex transaction structure and multiple intermediaries—is under significant pressure.
Whether you are an insurance company professional or a GST practitioner or simply someone wanting to understand GST 2.0 in depth;
👉 this video will give you clear, practical insights into what’s going wrong and how insurers can prepare better.
📌 Don’t forget to like, share, and subscribe for more GST & tax updates explained in simple terms.
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