GST relief on insurance likely as IRDAI on board; GoM to meet in April
The Insurance Regulatory and Development Authority of India (IRDAI) has submitted its comments on goods and services tax (GST) relief on premiums paid for life and health insurance, paving the way for a final decision. The group of ministers (GoM) on insurance is likely to meet in April to finalise its recommendations for the GST Council. The council is expected to consider the proposals at its next meeting in May, a senior government official said.