Health policies up to 5 lakh to be tax-free; GST on elders' health insurance to go? By Dhanam News Desk 20 Oct 2024 If the GoM's recommendations are accepted by the GST Council, the GST rate on packaged water (20 litres and above) will be reduced from 18% to 5%. Read More
GST panel sets up ministers' group to study cut in insurance premiums By Dhanam News Desk 10 Sep 2024 GST Council gives relief to foreign airlines; cuts tax on cancer drugs and certain snacks; formed a group of ministers to study the GST compensation cess levied on automobiles, aerated drinks, and tobacco. Read More
₹429 crore tax bill slapped on ICICI Prudential By Dhanam News Desk 28 Aug 2024 The tax demand comprises a GST of ₹208.02 crore, ₹200.22 crore as interest, and penalties of ₹20.80. Read More
Political pressure to scrap high GST on health insurance grows By Dhanam News Desk 25 Aug 2024 The 18% GST on health and insurance premiums is a burden on 45-crore middle-class Indians, says TMC MP Derek O'Brien. Read More
Court says no to ₹2,237 crore GST demand from Larsen & Toubro By Dhanam News Desk 21 Aug 2024 The Bombay High Court nullified the heavy GST bill sent to the company. Read More
Will Centre cut GST on health insurance premium soon? By Dhanam News Desk 10 Aug 2024 If the government slashes the GST rate, the most immediate effect would be a cut in premiums, making health insurance more affordable. Read More