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After the removal of GST on insurance from 22 September, all insurance companies passed on the benefits to policyholders. (AI image) Insurance buyers may be feeling happy after the removal of GST, but agents and distributors are feeling the pinch. Insurance companies have reduced the commissions payable to distributors of insurance products to offset the…
Market experts anticipate the upward trajectory to persist, with tariff-related developments influencing short-term market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday. While Nifty50 was below 25,400, BSE Sensex was down almost 150 points. At 9:16 AM, Nifty50 was trading at 25,393.55, down…
The Goods and Services Tax (GST) Council, after its 56th meeting on 4 September 2025, announced a GST exemption on all health and life insurance premiums as part of the central government’s indirect tax rationalisation move. The industry has welcomed this step even though the risk of a higher premium looms due to the losses…
