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Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance

Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance

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...
Net profit of National Insurance Company rises 80% to Rs 81 cr in Q2FY25

Net profit of National Insurance Company rises 80% to Rs 81 cr in Q2FY25

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...

Max Life integrates Swiss Re’s ‘Digital Health Underwriting’ solution to elevate the customer onboarding experience

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...

GST on term life insurance premium, senior citizens’ health cover likely to be exempted

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...

Climate change to have severe impact on health emergency services globally: Study

by AIP Online Bureau | Oct 13, 2024 | Eco/Invest/Demography, Health, International News, Non-Life

Across all the focus group responses, the top three major risks were pollution, flooding and heatwaves. Three minor risks were cold spells, wildfires and vector-borne diseases, such as malaria Copenhagen: Climate change is likely to have a severe impact on health...
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