Policy● Neutral for Indian equities
GST Council may consider input tax credit on employee insurance premiums: Report
The brief
- The GST Council will consider allowing employers input tax credit on employee insurance premiums
- The change could make employee insurance coverage cheaper
- Lower insurance costs could benefit employers and insurers if the proposal is approved
- IRDAI plans to cut insurer costs: What changes for commissions, premiums & policyholders?
- Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?