Nitin Gadkari has expressed concern to Finance Minister Nirmala Sitharaman about the GST applied to health and life insurance premiums. He described this as “taxing the uncertainties of life,” suggesting that it feels unfair to impose a tax on essential insurance policies that help manage unpredictable life events.
He wrote a letter regarding the same to the Finance Minister Nirmala Sitharaman
Current GST rates applicable in Insurance mentioned below