GST Council Meeting: No Tax Cuts Yet On Health Insurance | Read
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
Briefing reporters on the outcome of the 54th GST Council meeting, Ms Sitharaman said it has decided to have a Group of Ministers (GoM) to look into the GST rate on life and health insurance.
The GoM will be headed by Bihar Deputy Chief Minister Samrat Choudhary, who is currently heading the panel on GST rate rationalisation.
