Insurance companies have knocked on the doors of the GST Council. These companies are seeking a cut in GST rates in a phased manner, beginning with a reduction of levies on life insurance, followed by health insurance.
The insurance sector is likely to see a breather from tax burden with the GST Council set to review an exemption for reinsurance after the elections, Moneycontrol has learnt.
Over Rs 25,000 crore changing hands in deals involving more than 60 intermediary firms using hundreds of bank accounts mark…
The income tax department is likely to send out demand notices worth a total of Rs 25,000 crore, by March-end, to multiple…
The goods and services tax department has widened the probe against insurance companies for alleged wrongful availment of input tax…
Tax authorities have widened an ongoing probe against a few financial-sector companies including insurers and mutual funds, for alleged tax…
The GST wing of the Central Board of Indirect Taxes & Customs (CBIC) is investigating over a dozen insurance companies…
Transactions of more than Rs.12,000 crore are under the scanner of the income-tax department that is probing several commission agents…
The Goods and Services Tax (GST) Council in its upcoming meeting is likely to give a breather on no claim…
The Goods and services tax (GST) authorities have informed the insurance regulator about alleged malpractices by more than a dozen…
