Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
HDFC Life to cut commissions to cushion GST blow
Mint Chennai
|October 17, 2025
HDFC Life Insurance Co. will reduce distributor commissions as the removal of the goods and services tax (GST) on certain retail term and health policies caused a loss of input tax credit even as it passed on lower tax benefit to consumers, according toa top executive.
“Froma customer perspective, definitely the entire benefit is being passed on to customers,” CFO Niraj Shah told Mint. “...we are already in touch with all our distributors interms of realigningsome of the distribution commission. Those conversations are in progress, and I think we will execute all of them in the second half of the year.”
GST changes impacted the second-largest private insurer's profitability and marginsin the quarter ended September.
Cette histoire est tirée de l'édition October 17, 2025 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
NITI Aayog proposes new panel to supercharge net-zero push
India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.
1 mins
October 22, 2025
Mint Chennai
Adani-funded work top FDI in Sri Lanka
The Colombo West International Terminal (CWIT) was the largest contributor to Sri Lanka's foreign direct investment (FDI) inflows during the first nine months of 2025, the Board of Investment (BoI) said on Tuesday.
1 min
October 22, 2025
Mint Chennai
Trump-Putin meet still hazy: Kremlin
The Kremlin said on Tuesday it was unclear when a summit between US president Donald Trump and Russian president Vladimir Putin on seeking an end to the war in Ukraine would take place.
1 min
October 22, 2025
Mint Chennai
Despite abstemious Gen Zs, the booze industry is going strong
he Lucky Saintin central London looks like any other pub. Big wooden barrels double as tables. Bartenders pull pints, But thisisn’t a regular watering-hole.
3 mins
October 22, 2025
Mint Chennai
Sanae Takaichi becomes Japan's first female PM
Sanae Takaichi won the parliamentary vote to become Japan's prime minister on Tuesday, making her the first woman to clinch the nation’s top leadership job.
2 mins
October 22, 2025
Mint Chennai
Luxe car buyers stick to sedans, SUVs lure rest
the 15,810 vehicles BMW sold in India in FY25, said Hardeep Singh Brar, president and chief executive at BMW Group India. He added that this was because high-end sedans were much more luxurious and comfortable than most SUVs.
1 mins
October 22, 2025
Mint Chennai
Core sector output growth slows to 3-month low in Sep
Coal, crude oil, natural gas, and refinery products contract, while steel output surges
2 mins
October 22, 2025
Mint Chennai
Nike should put Converse on the block: It's just a distraction
Its CEO has very few easy wins in reach but this could well be one
3 mins
October 22, 2025
Mint Chennai
SC raps insurance firms for filing needless appeals
The court warned against contesting workmen's compensation cases if liability is not disputed
1 mins
October 22, 2025
Mint Chennai
Deloitte's AI debacle in Australia isa warning for all early adopters
That a report riddled with AI hallucinations was sent to a government should be a wake-up call
3 mins
October 22, 2025
Listen
Translate
Change font size