 "The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.")
The GST Council weighs options to reduce health insurance taxes, potentially aiding affordability while impacting government revenue significantly.
The GST Council is set to discuss four proposals to alter the tax treatment of health insurance during its upcoming meeting. These options stem from a request to reduce taxes on health insurance products, aiming to make them more affordable. The proposals include fully exempting all health insurance premiums, cutting the GST rate from 18% ...
