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GST 2.0 makes term insurance tax-free: How to save up to ₹1 lakh on policies
Business Standard
|October 08, 2025
The government has slashed the goods and services tax (GST) rate on term insurance premiums from 18 per cent to 0 per cent under the new indirect tax regime.
-
view life protection.
Here's why it's important
· Lower premium cost: Term plans are now up to 18 per cent cheaper.
· Improved accessibility: More individuals and families can afford essential life coverage.
Bu hikaye Business Standard dergisinin October 08, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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