GST on health, life insurance premiums reduced to 0; how it will impact your policy costs

[ET Wealth]

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Best of Wealth 1 GST on health and life insurance premiums reduced to zero: See how it will impact your policy costs New GST Rates on Life and Health Insurance: 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. 2 Smart investment: How can you get Rs 1 lakh monthly passive income 3 Now, no cashless facility for Niva Bupa customers in Max Hospitals across India 4 Insurance Ombudsman reports: These health insurers top the charts 5 Gold vs Nifty 50 vs FD: Which has given highest return on Rs 1 lakh investment in 10 years? Over the past decade, the Nifty TRI index has outperformed other investment options, delivering the highest return, closely followed by gold. SBI's 10-year fixed deposits scheme lagged behind at No. 3 position. While historical data provides important insights, future performance of the same asset class may vary, emphasising the importance of diversified investment strategies. 6 Can 8.25% EPF return match 16% equity return? CA explains unique situations how it can 7 Inherited property taxation: Know how to save capital gains tax on sale of inherited property or land 8 If you don’t make these 8 disclosures, your ITR may be treated as defective 9 Builder ordered to pay Rs 26 lakh compensation to homebuyer for delay in delivering Rs 32 lakh flat 10 Fraudsters target SBI customers in mobile number change fraud; bank asks customers to stay alert SBI has alerted customers about a new fraud targeting pensioners, where scammers attempt to replace registered mobile numbers to intercept banking alerts. Fraudsters posing as bank officials promise faster PPO processing or threaten pension blockage to extract sensitive information. SBI advises caution, urging customers to avoid sharing personal details and to verify app authenticity to safeguard their accounts.

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