GST on health and life insurance premiums reduced to zero: See how it will impact your policy costs

 The Goods and Services Tax (GST) on health and life insurance premiums will soon be zero. The GST Council approved this change in its recent meeting. This new rule starts on September 22, 2025. While premiums will not have GST, insurers may not get input tax credits. Experts say this could lead to a slight increase in costs.

Comments

Post a Comment

Popular posts from this blog

Tata Motors Q1 net slips 30% to 3,924cr.

 Tata Motors Ltd. reported 30.46% year-on-year drop in consolidated net profit for Q1FY26 to 3,924 crore.Revenue decreased 2.45% to 1,03,792 croгe."Despite stiff macro headwinds, the business delivered a profitable quar-ter, supported by strong fundamentals," said P.B. Balaji, Group CFO. "As tariff clarity emerg-es and festive demand picks up, we are aiming to accelerate performance and rebuild momentum across the portfolio. Against the backdrop of the upcoming demerger in October, our focus remains firmly on delivering a strong second-half perfor-mance," he added. Subsidiary Jaguar Land Rover (JLR) delivered 11th successive profitable quar-ter amid challenging global economic conditions. Revenue at £6.6 billion slid 9.2% impacted by sig-nificant new U.S. trade ta-riffs and planned legacy JLR wind down. Profit be-fore tax was £351 million, down 49.4%. hit by U.S. ta-riffs and forex headwinds
Read more

GPL REVIEW

 The GPL (Gnanam Premier League) is also known as the Girls Premier League. There are a total of four teams participating: Chola Knight Riders, Maratha Royals, Sengipatti Super Singhams, and Delta Dare Devils. Each team has two owners and one captain. Player selection happens through an auction, and players are divided into three categories: Platinum, Gold, and Silver. The GPL is held for one week at the Gnanam School of Business playground. Through this activity, students — including myself — can practically learn management and business skills behind the game of cricket. My favourite player is Vijay because of his excellent fielding skills. Thank you!
Read more

Book review for May

                       The One Minute Manager  1. About the Author: The One Minute Manager was co-authored by Ken Blanchard and Spencer Johnson . Ken Blanchard is a leadership expert and management consultant known for his practical business advice. Spencer Johnson , a physician and psychologist, is also famous for his parable-style business writing, including Who Moved My Cheese? 2. Context of the Book: First published in 1982 , The One Minute Manager emerged during a period of rising interest in employee productivity and management efficiency . The book simplifies core management principles into an easy-to-follow narrative through a fictional story involving a young man's search for effective management. 3. Purpose of the Book: The book aims to show how managers can achieve better results in less time by applying three simple techniques. It's meant to improve productivity, communication, and job satisfact...
Read more