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Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM

Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM

by AIP Online Bureau | Dec 2, 2024 | Health, Indian News, Life, Policy, Regulation

Nirmala Sitharaman, Finance Minister “…The matter of review of GST rates on life and health insurance is pending before the GoM. If a recommendation for a reduction in GST rate is made by the GST Council, the cost of insurance to the policy holder is expected to...
LIC explores picking up stakes in Manipal Cigna Health Insurance

LIC explores picking up stakes in Manipal Cigna Health Insurance

by AIP Online Bureau | Nov 27, 2024 | Health, Indian News, Policy

According to sources in the insurance industry, LIC’s choice of Manipal Cigna is purely on the basis of cheaper valuation among the old stand alone health insurance companies   New Delhi: Life insurance behemoth Life Insurance Corporation (LIC) is considering...
GoM report on GST on health insurance to be placed before Council when received FinMin

GoM report on GST on health insurance to be placed before Council when received FinMin

by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Minister of State for Finance Pankaj Chaudhary informed the House that revenue generated from GST on healthcare and life insurance services was Rs 8,263 crore and Rs 8,135 crore, respectively during fiscal 2023-24, as against Rs 7,638 crore and Rs 9,132 crore in the...

TN sets up ‘One Health and Climate Hub’ to address health challenges of climate change

by AIP Online Bureau | Nov 23, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Indian News, Technology

A government order (GO) issued by Additional Chief Secretary Supriya Sahu, stated the Hub will strengthen surveillance and research, promote inter-sectoral collaboration, enhance capacity building, and facilitate the development of green healthcare infrastructure....
Centre issues advisory on air pollution

Centre issues advisory on air pollution

by AIP Online Bureau | Nov 19, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Risk Management

Air quality has worsened in several cities, including Mumbai, Delhi, and regions in northern India, reaching severe levels. The deteriorating air quality has raised concerns over various health risks. The advisory also highlights the heightened risk of air pollution...
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