by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
The group of ministers (GoM) on health and life insurance GST last month met and broadly agreed on exempting insurance premiums paid for term life insurance policies, and senior citizens’ health insurance from GST New Delhi: The GST Council will meet on December...
by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Union Finance Minister Nirmala Sitharaman The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken New Delhi: Union Finance Minister Nirmala...
by AIP Online Bureau | Nov 12, 2024 | Health, Indian News, Non-Life
Going ahead, NIC is committed to its stake holders and the improved financial performance is an indicator for the company to achieve profitable growth, T Babu Paul, executive director, NIC Kolkata: State owned National Insurance Company(NIC) has recorded a 80 per cent...
by AIP Online Bureau | Nov 11, 2024 | Indian News, Life, Reinsurance, Risk Management, Technology
Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...
by AIP Online Bureau | Oct 19, 2024 | Health, Indian News, Life, Non-Life
The GoM to decide on the GST rate on life and health insurance met on Saturday and decided to exempt GST on premiums paid for health insurance with coverage of Rs 5 lakh for individuals other than senior citizens. New Delhi: Goods and services tax (GST) on term life...
