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news24online.com > business > business-gst-removed-on-term-insurance-premium > 845974

GST Removed on Term Insurance: What It Actually Means for Your Premium in 2026

3+ mon, 1+ week ago   (1508+ words) The GST Council removed this tax on individual insurance products, including term plans, ULIPs, endowment policies, and health insurance. Experts described it as removing the "tax on tragedy." The change applies to both new buyers and existing policyholders renewing their…...