Nitin Gadkari Writes to FM Nirmala Sitharaman for GST Removal on Life, Medical Insurance

Published On: August 02, 2024 - Nitin Gadkari has urged Finance Minister Nirmala Sitharaman to withdraw the GST imposed on life and medical insurance plan premiums. In the letter, he pointed out that life and medical insurance premiums attract an 18% GST. He added that the premiums are similar to levying tax on the uncertainties of life. For detailed insights, join News9's Shweta Kothari and Ritesh Kanodia, Partner Aurtus Consulting, and Indirect tax Advisory & Litigation.