life insurance

56th GST Council Meeting: Life and health insurance premiums get full GST exemption, big relief for policyholders

The move is also part of the broader GST rationalisation plan, under which the Council has tried to simplify the…

September 3, 2025 23:33 IST

toothbrush, toothpastes, tooth powder, FMCG, industry, GST

Life and health insurance set to get full GST exemption

The Group of Ministers (GoM) on health and life insurance is expected to table a proposal to fully exempt these…

Updated: September 3, 2025 10:32 IST

Insurance premium may become costlier if GST is reduced to zero, industry explains why

While at the onset it looks like a reduced GST on health and life insurance will reduce the premium, however,…

Updated: August 19, 2025 10:28 IST

SBI Life launches 'flexible' term insurance plan to cover evolving needs of customers - Details inside

SBI Life launches ‘flexible’ term insurance with THESE unique features – Details inside

SBI Life – Smart Shield Plus claims to offer “a flexible and scalable term insurance plan” that adapts seamlessly to…

August 14, 2025 18:35 IST

Govt considering bringing down GST on LIC premium? Here's what Finance Ministry replied

Govt considering lower GST on LIC premium? Here’s what Finance Ministry says

Minister of State in the Ministry of Finance Pankaj Choudhary said that any decision on GST rates on any goods…

August 4, 2025 13:32 IST

Bajaj Finserv, industry, insurance, finance, Poonawalla Fincorp

Bajaj Finserv net profit up 30% on-year to Rs 2,789 crore

Bajaj Finserv reports 30% YoY rise in Q1 net profit to Rs 2,789 crore; strong gains in insurance, finance arms.…

July 25, 2025 23:09 IST

India's "Silver Economy" Fuels Insurance Boom: Insurers Target 350M Elderly with Longevity Plans. (Image Source: Financial Express)

Silver Economy Part III: Life, health insurers see gold in greying market

With India’s elderly population projected to hit 350 million by 2050, life and health insurers are developing tailored longevity-linked savings…

July 24, 2025 18:52 IST

insurance stocks, LIC share price, HDFC Life share price, SBI Life Insurance, Max Life Insurance

The best Life Insurance stocks in FY26: Nuvama reveals its top 6 picks

Nuvama remains bullish on life and health insurers, naming top stocks and targets for FY26 – see which picks to…

Updated: July 15, 2025 11:52 IST

insurance, life insurance, health insurance, inflation, education

Do a mid-life insurance scan

Neglected your insurance? Mid-life is the perfect time for a coverage check. From upgrading health plans to ensuring life cover…

July 6, 2025 19:27 IST

Insurance premium seems expensive? Smart ways to reduce expenses without losing cover

Can’t afford your insurance premiums anymore? On Insurance Awareness Day, top industry experts share real-life examples and actionable strategies—like top-ups,…

June 28, 2025 14:41 IST

How much term insurance do you really need? 4 ways to calculate the right cover

How much term insurance should you take? Know 4 easy ways to decide the right coverage

Wondering how much term insurance you really need? Learn what makes term plans different from other insurance types, why they…

June 24, 2025 12:25 IST

Air India crash: What passenger insurance covers in plane accidents and how claims are paid

The Air India crash that killed 241 people could result in India’s biggest aviation insurance payout. From Tata’s Rs 1…

June 13, 2025 17:41 IST

GST, GST collection, GST revenue, exports, imports, GST refund, geopolitical factors, consumer spending

GST exemption on Rs 5 lakh health insurance? What the big tax relief could mean for middle-class Indians

Decision on tax exemption on insurance possible in GST Council meeting, health insurance policy up to Rs 5 lakh can…

June 13, 2025 16:28 IST

tax relief, health insurance, life insurance, insurance premium, insurance sector, GST Council, GST Council meet, Nirmala Sitharaman, GoM, IRDAI, input tax credit

GST Council Meet coming up: Relief on life and health insurance premiums likely on agenda

The 56th GST Council meeting is set to take place in June 2025 under the chairpersonship of Finance Minister Nirmala…

Updated: June 10, 2025 17:14 IST

Almost half of life insurance holders quit paying premiums within 5 years — the reason will surprise you

A survey by personal finance advisory firm 1 Finance has come out with several surprising disclosures on how insurance, mutual…

June 9, 2025 12:13 IST

LIC India’s shares surge over 4% after net profit rises 38% YoY in Q4

LIC India share price today, May 28: LIC India’s Q4 net profit surges 38%, but new business dips; shares in…

May 28, 2025 09:28 IST

Pahalgam Terror Attack: LIC to expedite claim settlements for families of victims

Pahalgam terror attack: LIC to expedite claim settlement for families of victims

All efforts will be taken to ensure that the claimants are reached out and claims are settled expeditiously to the…

April 25, 2025 11:37 IST

Life Insurance NBP Growth Slows to 5% in FY25; Private Insurers Outpace LIC. (Image Source: FE)

Life insurers’ new biz premiums up 5% in FY25

The life insurance industry saw a modest 5% rise in new business premiums (NBP) to Rs 3.97 lakh crore in…

April 23, 2025 22:23 IST

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Battery price drop to be lynchpin of EV drive

Business4 min ago

India’s EV adoption is on the rise, with 2 million EVs sold in 4 years. The high upfront cost is a barrier to mass adoption, but the government is offering a 5% GST rate to make EVs more affordable. Automakers are also working on battery localisation and innovative ownership models, but the expansion of charging infrastructure is still needed.

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