GST Council to decide on GST rate for health, life insurance on Dec 21

The GST Council is gearing up for a pivotal meeting on December 21st, where a decision on the GST rate for health and life insurance will take center stage. The Council is also considering proposals to increase GST on higher-priced footwear and wristwatches, potentially raising rates from 18% to 28%.

GST Council to decide on GST rate for health, life insurance on Dec 21

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The GST Council is gearing up for a pivotal meeting on December 21st, where a decision on the GST rate for health and life insurance will take center stage. The Council is also considering proposals to increase GST on higher-priced footwear and wristwatches, potentially raising rates from 18% to 28%.