Policy▲ Bullish for Indian equities
Employers may get GST input tax credit on group health and life insurance
The brief
- Allowing employers to claim ITC on GST paid for group health and life insurance could lower costs
- The relief could address a tax disparity and encourage wider insurance coverage
- Lower coverage costs could benefit Indian life and health insurers
- Will Nifty's 8-week losing streak trigger a relief rally but the big bottom isn't in yet
- Ease of biz relief in store for small ecomm sellers
- GST Council may consider compliance reforms offering relief to e-commerce sellers and buyers
- Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risks